Moving to Bermuda - right decision?!
#1
Just Joined
Thread Starter
Joined: Apr 2008
Posts: 4
Moving to Bermuda - right decision?!
Hi
I've been offered a job in Bermuda and will be earning $70,000. I'm from London, 28 and single!
Is this enough for me to survive?
I look forward to your reponse.
I've been offered a job in Bermuda and will be earning $70,000. I'm from London, 28 and single!
Is this enough for me to survive?
I look forward to your reponse.
#2
Just Joined
Joined: Apr 2007
Location: Sydney
Posts: 20
Re: Moving to Bermuda - right decision?!
I left Bermuda 6 months ago after living there for a few years. Thats enough money to survive, especially if you share an apartment. I now live in Sydney and I actually find Sydney nearly just as expensive.
#3
Just Joined
Thread Starter
Joined: Apr 2008
Posts: 4
Re: Moving to Bermuda - right decision?!
Thanks for your response. I didn't want any financial difficulties when I move there. Now I feel more positive about the move.
#4
Just Joined
Joined: Apr 2007
Location: Sydney
Posts: 20
Re: Moving to Bermuda - right decision?!
If you share a flat you will probably pay around $1500 a month. Another question you need to ask yourself is if you are happy to ride a moped. A moped will be much cheaper, but I hated riding a moped. Also, you can only own a car if you have an assessment number (each apartment/house is allocated one assessment number), so obviously if you are sharing a place you might not be able to own a car if your flatmate already has one. Public transport is cheap though. A good website to check out is www.e-moo.com. Another is www.bermudasucks.com, as this website forum tells it how it is (although the website is not really mentioned in Bermuda).
The biggest financial concern is exchange rates, you will earn enough to survive in Bermuda on a day to day basis, however any savings will not get you much once converted into pounds. The money I saved while working there is still there in BMD$ until the exchange rate is better.
Anyway, I know you will love the lifestyle. Good Luck and have fun while out there
The biggest financial concern is exchange rates, you will earn enough to survive in Bermuda on a day to day basis, however any savings will not get you much once converted into pounds. The money I saved while working there is still there in BMD$ until the exchange rate is better.
Anyway, I know you will love the lifestyle. Good Luck and have fun while out there