scbrit

Personally I'm a dual citizen, I think most people realise the credit crunch is global, but obviously some people will be better off in the US, some may be better off in the UK, all depends on personal circumstances Most people have numerous reasons for moving, I can't see people moving only because of the UK economy.

yorkshirelass

I'm a dual citizen too considering a move back to the UK to escape the recession here. Maybe we should do a house swap!? LOL

onepearlyb

HA!! OOOOOOhhhh - What a can of worms this question is!
Look, everyone's circumstances are so different in relation to why they choose to stay or go back.
For us - it just hasn't worked out and the place just isn't for us for so many reasons. We weren't able to afford to buy here when we thought we could originally. I wasn't able to find a job I wanted to do. Hubbie hates his bosses and job. I've been here twice before - and now just feel it's not where I want to be. These, amongst other personal reasons are why we have chosen to return.
You'll decide for yourself whether it's where you can see yourself settling or not.
All the best and remember - nothing ventured is nothing gained.

Cheers.

ezzie

Thanks Crystal...yes, I'm not sure I'd want to be a teacher in the UK. My kids spent a day in a UK high school last July and told me the teachers had to blow a whistle to get any sort of momentary attention. It's not so much getting a job now that worries me, but in around 12 months time when we'd go back - and the recession had really bitten deep.

ezzie

Ta John, I shall have a bit of a browse to see what's going. We've been quite amazed at the UK job market so far. Hubby has a job that pays reasonably well here but he's found there seems to be a 45-50 thousand quid cap on jobs there (apart from finance jobs in London)...this is another big worry for us. Are we looking in the wrong places or is this really the most he could earn in the UK?

ezzie

We don't have a choice...if we don't go now with our 15 yr old son, we'd miss being able to put him through university in the UK (don't get me started on the stupid rules there). Hence, it's now or never!

crystal23

What does your hubby do and where are you looking?

I've said in a couple of posts to keep all options open when looking for work. ie. don't just rely on agencies but look up companies and apply directly to them. You may be doing that already, I don't know, but alot of people stick to recruitment agencies when there are other ways of getting jobs

ezzie

GIS & delivery management (don't ask me what all that means!!!!)
It's a small industry so hard looking without it getting back to employers here.

Tr1boy

This is a terribly interesting thread I don't think there is a person on the planet that wants to move home more than me, but I have been thinking some of the things echoed on here. I don't for a minute think it is/will be any better in Oz than in the UK when the bad times kick in. I think the question is, will it be a good time to move anywhere, because no matter how much you get sorted beforehand (jobs etc). Unless you're luck and score a relocation pkg there is always a cost to moving.

I thought my wife's degree ended at the end of next year but it turns out it's early 2010, which ma not be a bad thing in terms of seeing which way the financial wind is blowing. I'll probably go on ahead Oct/Nov 09 and set some things up, house etc My skills are usually in demand, especially as my job is to save money for my company But I'll not leave without a written offer, but relocation agencies have already shown a strong interest in me so I'm fairly confident.

Looking at some house prices etc, I'd be interested in your thoughts on our situation. I'm 43 and m wife is 36, we have no kids and aren't having any, (my prev marriage child support payments will be more or less over by then). In the UK, outside of London (obviously more in London) we would earn GBP 75-80k plus bonus etc as a minimum between us (and a fiar bit more when my wife becomes a CPA), and will be taking about GBP130k in cash (no house here). No other debts of any kind, degree is paid for in advance.

In the climate ahead, are we in a good position?

johnh009

In my opinion, never a better time to go back. The pound is relatively low, house prices have a downword pressure, interest rates on your investments are good, and the job market is active. But, hold off on the house purchase. I suspect they are in a boom/bust cycle and pentup demand may increase after year or so.

Don't forget, the UK has the 2012 summmer olympics and this will create a lot of work.

Tr1boy

Thanks John,

Totally agree about the Olympics. BTW we were in Paris the day they announced London had won. Boy that was pretty sweet

Petals

Interesting that you are moving back after 22 years have you thought about pension entitlements and I know there have been threads around that say Aus does not pay any funds to the UK. If you have super I guess you transfer it or take it with you but you will be short of 22 years of paying into the UK system.

In my opinion I think things will get tough we have been building on sand since the Regan Thatcher years and of course everyone knows what happens building on sand.

All the creative accounting that has gone on in the end its widgets and China has them all.

I have lived in Aus for a long long time now and am always pleased to get back here. Know people who have gone back to the UK then come back again etc.

Just too many people everywhere in Europe for me. Like the idea of being out of the way. Like On the Beach.

3 go mad in Adelaide

Each to their own I s'pose!

Tr1boy

You guess wrong.

SurferBoy

Are you sure you've give it long enough