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Livelifenik

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Posts posted by Livelifenik

  1. Dual citizenship causes no problems at all, infact , In the current global climate, it's best to have as many passports as possible.

     

    We sold up our primary residence in Adelaide before moving back, albeit adelaide is a serious underperformer for the last century, we still made money on it, and since it was our primary residence , I'm quite happy to let the tax office do the legwork.

     

    Europe is a treasure trove for us, we have aussie kids, (but with euro/uk and soon to be another country passports) and they love it, since May 2015 we've been to Spain, France x4, Ireland x2, all over SE UK, Greece, Egypt and now we're planning a ski week in France in early march, plus we've taken the kids to see some amazing cultural sites, along with the exposure to the vast and i mean vast collection of what is available in London - should you wish , or want to look, it's just an embarrassment of riches. I'm teaching them how to shoot, and in the new year I'll be teaching them how to fly.

     

    Also, 3 year ticks by and our oldest will qualify for EU Uni funding (wherever she is), so we'll pay 3-4 maybe 5K per annum fee's worst case for a choice of courses that only da vinci would think narrow, compare this with adelaide and her 3-4 Uni's fee harvesting 20-30K per annum for basically an arts and crafts degree and dropping you in a market that has no work ?.........

     

    London is a cracking place, and it was kind to me when i was a grad, and it's kind 20 year later.

     

    Amazing place. I love it.

     

     

    Wow, your life sounds amazing! We couldn't afford entry into London - we will be returning to north west of England but I take your point about all the great sites to behold - the Uni info is interesting to know as well - thank you so much for this post, it's inspiring - happy new year Deryans!

  2. If your OH is talking about Capital Gains or better prospects for your son in Australia these are clearly straw man arguments which previous posters have thoroughly and correctly dismissed. The likelihood is that he simply prefers Sydney to the UK and it validates his reason for moving in the first place. Good luck with talking him round to your way of thinking.

     

    I am amazed that you are talking about semi-retirement though if you are both under 45 with a 7 year old. You must be very well set indeed to even think about that.

     

    And I echo everyone else in strongly recommending getting your citizenship before you leave Australia. Burning bridges for no reason is never a good idea and you never know what the future holds.

     

    GGS we will probably have to go pick up some work down the track but the main draw for OH is not working so that's the plan at least initially - the main draw for me is being close to family again but I'm giving myself 12 months to get organised - hoping we will have time to sort citizenship out - for both of us then I guess I hadn't thought further down the track. Yeah I need all the luck I can get to persuade OH I think - I'm trying to gather info to make a kind of business plan for him to see the facts of the matter (he keeps telling me my logic is too emotionally based) - thanks for all the posts guys, it really helps to get other people's opinions, esp ones who know about the factors involved - thanks everyone!

  3. Note that if you do this, you would then be bringing in capital gains tax considerations. It doesn't mean that you would get any significant hit, but the overlap of two properties could create a hit. If it is only a short overlap, this will probably amount to nothing more than complicating your tax return slightly.I really would implore you to get Australian citizenship as you have an Australian child. It is best for parents and children to have the same citizenships if at all possible. You never know what the future will bring.

    This is perhaps a decision that you need to think about over the next six to twelve months, rather than at an emotional time and an emotional time of year for many. The housing situation you find yourself in, could be one of the pros on the pros and cons list you need to work through with the OH. good luck in the decision making.

     

     

    Thanks Bungo and everyone else for your input - it's so great to have new brains on the issue without the subjective angle on it - it is an emotional time but also it's the longest time to be off work hence all the extra focus on it atm.

     

    Planning to look into all aspects in 2017 and by July I'm hoping to have a firm direction sorted for our little family - will have been here 9 years then - in my mind 10yrs in Australia means I gave it a good enough go and if all goes to plan, we will return the UK in a much stronger position than when we left it. I think I will enjoy my Australian adventure much more in retrospect.

     

    Does dual citizenship cause any problems when returning to UK?

  4. Quoll, yeah my initial gambit with OH is to sell the idea of renting out the Sydney house and buying in UK first as like a 'try before you buy' - I won't be needing my Au citizenship but I've encouraged OH to get his cos he goes off doing his kayaking and biking and he's so content here - my life here is decidedly less interesting and most of what I like (books, podcasts, skyping family) can all come along with me - trying to go with the flow but I can feel a torrent coming our way lol

  5. Hi Lady Rainicorn - yeah I keep telling my hubby that the better life we migrated to Oz for is actually waiting for us back at 'home' - except hubby insists that 'home' is now Sydney, hence the many circular conversations resulting in the same polar opposite views - son is nearly 7 and both myself and OH are not even mid 40s yet - hubby says we are too young to retire and he will soon be bored back in old stomping ground - he also blames my grief - my dad passed away 2 months ago and I was lucky that I flew over to be with him at the end. During those weeks visiting hospital every day, I reconnected with family and had a 'wtf am I doing' realisation that my hubby missed out on cos he was still in Sydney keeping our Aus life going. I've tried to build a life here with play dates and mother's groups and work friends are great, but it feels pretty vacuous compared to my sister and surviving mother now living alone - feel a real pull to get back there and do my bit but then I don't want to stuff up the future of the only Australian in the family, my little aussie battler. I don't want to be selfish - I want everyone to feel good about this... argh!!!!

  6. Hi guys, is anyone considering returning to the UK after selling a home in Australia?

     

    Interested to hear if any other people find themselves with the opportunity to return to UK to be much better off financially.

     

    Using the equity of the Sydney house, I could buy a property in UK outright and still have change left over so I could take frugal early retirement/work part time.

     

    Has anyone else found themselves in this predicament and how that has worked out for you?

     

    Funny that I first used this forum to help me work through the initial migration here in 2008 and now I'm back here thinking of a move back England for my dream of a better life.

    Life has a way of coming around full circle sometimes!

     

    British born and migrated to Australia in 2008 - feel like I've given it a good fair go here but reality is not the dream I had envisioned....

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