Hi, I have been reading a lot of posts on here, with people saying they have got £50k, or £100k to go out to oz with, obviously from the equity of their houses. But we will be lucky to scrap together £10k to go out with. (We got on the housing ladder at the tail end of the bloom, so not made much on our house)
So I was wondering if there was anyone else going out with £10k or less???
Also, is there anyone out there who did go to oz on £10k or less and do they have any tips for starting out again, on what seems to be very little to go out with in comparison to others.
i was going to ask the same sort of question how much does everyone take? me and the wife are hoping to take around 20k 25k once the house sell (fingers crossed) sell the car and anything else where not taking so if anyone could give us a rough idea it would be great
paul and hayley
Hi there, Thank you for welcoming me to POI earlier.
We were told by our agent that we would have to take around £10,000 minimum with us to get started. We haven't got any at the moment as we live in a rented house and my husbands wage bearly covers day to day living expenses.
We are going to spend the next year selling as much of our collections and belongings on ebay and boot sales as we can to try and raise some capital. We are also hoping to borrow some off relatives, but that's not looking too likely at the moment as they aren't too happy we are going!!.
So I guess we will keep our fingers crossed and hope for a win on the Lottery!!. As we can't go penniless. We will just have to wait and see what happens between now and then....whenever then maybe!!!
Hi, the problem is having enough money to fall back on if you struggle to find work, as you get no assistance (except family assistance for children, dep on visa) for the first two years. Ten grand is a pretty good safety net I should think. The main costs when you get here are a bond for a rental, which is 4 weeks rent, and then two weeks rent in advance. You'll probably want to get a car too. We've made sure we have enough money for flights to the U.K for any emergency, and a bit spare. You may not have a massive deposit for if you want to buy a house, which is a consideration, as houses seem quite expensive here, but depends on where you're heading. Loads of Aussies rent and never buy.
If it's your dream to make the move, I expect you want enough to make it work.
Best of luck,
I will probably be going out there with around 10k, mind you by the time i have paid of overdraft and credit cards (im not even thinking about student loans !!) I will prob have about 7k..so not much at all. But...im planning on staying with family until I get a job, at least when i have money coming in I will be in a very similar situation to here..the wages should cover stuff. I am a little concerned I dont have a big deposit if i decide to buy though
I just told them I was moving overseas, gave them my parents address, and they said when I was earning above the threshold, to let them know and I could set up a payment plan. Yeah, first thing on my list SLC!
I came with about 3 thousand , started job soon after i arrived (457 visa) and had a fully furnished rental to come too. Only real outlay was rental bond, but i am on the look out for cheap car now. As a lone parent i had no money in the UK, very little here-but life is better!!!!!!!