Jaj

Spain used to have exchange controls, but abolished them a number of
years ago. Australia has no exchange controls either so you can take
out as much as you like.

Obviously you may well have lost money on the exchange rate, property
market etc.

Jeremy

    >On Fri, 30 May 2003 07:07:01 +0000, adelaidegirl wrote:
    >I have never heard of the Spanish ruling, but I am pretty certain that
    >if you leave Australia you can bring all your house sale monies etc back
    >with you (if you have investment properties you'd have to pay any
    >capital gains taxes out of your profits, this may apply to other types
    >of investments too). Perhaps one of the agents, Alan or George, can
    >advise? regards adelaidegirl
    >--
    >teresa
    >Posted via http://britishexpats.com

This is not intended to be legal advice in any jurisdiction

MaggieLou

Looking on the black side of things, what happens if after say 2 years Australia is not the dream you thought and wish to return t o the UK, are you able to bring all your money home again, ie from house sale etc. Or is it like Spain whereby you can only withdraw sums of £30k per 6 month period.....
Please advise?
MaggieLou

adelaidegirl

I have never heard of the Spanish ruling, but I am pretty certain that if you leave Australia you can bring all your house sale monies etc back with you (if you have investment properties you'd have to pay any capital gains taxes out of your profits, this may apply to other types of investments too). Perhaps one of the agents, Alan or George, can advise? regards adelaidegirl

MaggieLou

thanks Jeremy