How much money to carry

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Old Sep 16th 2002, 10:00 am
  #1  
Vini
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Default How much money to carry

Can anyone tell how much money one should declare when arriving in
Australia for the first time on a PR visa so that he is not deprived
of any benefits offered by the govt. I've heard if someone declares
above 10,000-11000AUD he may not get the benefits like rent assistance
& child care assistance etc.
 
Old Sep 16th 2002, 10:29 am
  #2  
Rob
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Default Re: How much money to carry

In <[email protected]> Vini wrote:
    > Can anyone tell how much money one should declare when arriving in
    > Australia for the first time on a PR visa so that he is not deprived
    > of any benefits offered by the govt. I've heard if someone declares
    > above 10,000-11000AUD he may not get the benefits like rent assistance
    > & child care assistance etc.

I thought you were on your own for the first 2 years - no
benefits given.
 
Old Sep 16th 2002, 10:45 am
  #3  
Ed
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Default Re: How much money to carry

Try http://www.centrelink.gov.au/ to
review your eligibility.

I also thought the two year rule applied for all benefits, but I was
surprised to find I was mistaken.

We arrived in January '02 and receive family assistance (I work, but my wife
stays at home with our two boys).

I believe the two year wait applies for what we used to call in the USA...
unemployment. That is, the benefit you receive should you find yourself out
of work. So bring plenty of cash if you have no job.

As for cash to bring "on your person". I'm pretty sure the limit below
applies to just that.. cash on-hand as you pass through customs. I left a
bank account behind after placing my mother's name on the account. Once I
had an account in OZ, I just had her wire me our money. Until then I used
the Visa debit card, plus a little cash I had brought with me to hold me
over (maybe AU$2,000).

Anyway, that's how I did it. Good luck!

Ed.

PS, I do not know if any rent assistance benefit. If Australia has on,
please clue me in.


"rob" <[email protected]> wrote in message
news:20020916112950370+0100@chad-
.hartill.net
...
    > In <[email protected]> Vini wrote:
    > > Can anyone tell how much money one should declare when arriving in
    > > Australia for the first time on a PR visa so that he is not deprived
    > > of any benefits offered by the govt. I've heard if someone declares
    > > above 10,000-11000AUD he may not get the benefits like rent assistance
    > > & child care assistance etc.
    > I thought you were on your own for the first 2 years - no
    > benefits given.
 
Old Sep 16th 2002, 10:58 am
  #4  
Jaj
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Default Re: How much money to carry

If you're carrying over A$10,000 (or equivalent) in cash you need to
declare .

But carrying that amount in cash isn't advisable (risk of loss, theft
etc) - take travellers cheques or set up a bank account and wire the
money direct.

As a new permanent resident, there's no welfare usually for the first
2 years. Some payments are exempt. Visit:
http://www.centrelink.gov.au

If payments are means tested you are expected to declare your assets
to them. Not doing so is welfare fraud and can get you into a lot of
trouble.

Jeremy


    >On Mon, 16 Sep 2002 10:29:46 +0000 (UTC), rob <[email protected]> wrote:
    >In <[email protected]> Vini wrote:
    >> Can anyone tell how much money one should declare when arriving in
    >> Australia for the first time on a PR visa so that he is not deprived
    >> of any benefits offered by the govt. I've heard if someone declares
    >> above 10,000-11000AUD he may not get the benefits like rent assistance
    >> & child care assistance etc.
    >I thought you were on your own for the first 2 years - no
    >benefits given.
 
Old Sep 16th 2002, 1:59 pm
  #5  
Y Ddraig Goch
 
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Default Re: How much money to carry

Originally posted by Vini:
Can anyone tell how much money one should declare when arriving in
Australia for the first time on a PR visa so that he is not deprived
of any benefits offered by the govt. I've heard if someone declares
above 10,000-11000AUD he may not get the benefits like rent assistance
& child care assistance etc.
Hi,
you can TT (wire) your money out here while in Australia. I've done this a few times... TT money from the UK to Australia, while I am in Australia...
Open an account here, go into your Australian bank, with your passports (proof of who you are), and your Aussie bank will get in touch with your British bank confirming everything. In other words you don't need to change your British accounts to say your mothers name before you leave Britain... you can actually get the Aussie bank to get in contact with your British bank asking for the TT (wire) of the funds.... That's how I did it , and still do it. It's only a matter of talking to the Bank manager in Australia, signing a few things, and proving who you are.
No worries at all.
Cheers

P.S the others are correct by saying you can't get government help for the first two years.... you're on your own mate
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Old Sep 16th 2002, 6:30 pm
  #6  
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Default Re: How much money to carry

Originally posted by Ceri:


Hi,
you can TT (wire) your money out here while in Australia. I've done this a few times... TT money from the UK to Australia, while I am in Australia...
Open an account here, go into your Australian bank, with your passports (proof of who you are), and your Aussie bank will get in touch with your British bank confirming everything. In other words you don't need to change your British accounts to say your mothers name before you leave Britain... you can actually get the Aussie bank to get in contact with your British bank asking for the TT (wire) of the funds.... That's how I did it , and still do it. It's only a matter of talking to the Bank manager in Australia, signing a few things, and proving who you are.
No worries at all.
Cheers

P.S the others are correct by saying you can't get government help for the first two years.... you're on your own mate
Unless you have children then you can get child benefit for them. I think this is correct.

Julie & Darren
Adelaide by early 2003
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