Oh, Australia!
The Land Down Under. A land filled with vibrant culture, breathtaking sceneries, modern structures, and exciting holiday opportunities. It’s not surprising that many people want to visit and live here. In fact, according to the recent census, Australia’s population and migration rate continuously grow.
However, there are many other things you must know before actually moving into this country.
Here’s a guide to all essentials for everyone moving to Oz.
1.It’s A Huge Country
And we’re talking about one country = one continent.
Australia has a size of more than 3 million square miles. You may compare it to the size of Europe. The distance between Ukraine and Portugal is less to that of Sydney and Perth. This proves its large size which welcomed 239,600 new residents from the years 2018-2019.
2.Buying A Property Can Be Complex for New Residents
If you are not an Australian citizen or a holder of a permanent residency visa, you are classified as a foreign investor. In that case, you can only purchase a property off-plan. This means the property is vacant upon purchase and you have to start the building a residential dwelling within 12 months.
The Foreign Investment Review Board (FIRB) is the regulating body when it comes to selling properties in Australia to new arrivals. Once you’ve identified the property and completed the negotiation with the seller, a licensed estate agent must prepare the contract that includes all conditions. Once completely signed, the contract becomes legally binding and is submitted to the solicitor for final settlement. There may be some variations across states, which is why it is advised to hire a professional immigration consultant.
3.Prepare Your Bank and Insurance
Opening a bank account before actually moving into Australia can lessen all the things you have to deal with when you get there. Thankfully, numerous major banking institutions offer this option, such as Commonwealth Bank and ANZ.
Scan copies of your passport, IDs, birth certificate, report cards, and other important documents and save the files online or in a USB so you have a backup in case anything is lost during transit.
Shane Perry, a financial expert from Max Funding suggests “If you have no claims on your past policies, bring proof with you on your move to Australia. Australian insurance providers may use this as a reference when calculating your home or car premiums.”
4.Cost of Living Is Expensive in Some Areas
Particularly in Melbourne and Sydney, where rentals are comparable to New York and London. Rental of a 3-bedroom apartment in the city centre is only moderately less expensive in Australia, with rates around £2,700/month compared to London’s £3,000/month on average.
Logically, prices decrease as they move farther from the centre.
5.Satisfying Compensation
When it comes to compensation, Australia is also known for its competitive wages. Data from a recent study showed that the average weekly earnings of:
- A full-time adult increased by 4.8% to $1,713.90
- A male is at $1,958.30 (public) and $1,780.70 (private)
- A female is at $1,751.30 (public) and $1,469.10 (private)
This is between May 2019 to May 2020.
6.Excellent Healthcare Services
Just like a tasty barbecue, healthcare is also practically free in Australia. All Australian citizens and permanent residents can qualify for Medicare.
Medicare is the country’s universal health insurance scheme that provides Australians access to a broad range of healthcare services at low or zero cost. Some foreign visitors may also qualify.
Here’s How to Move to Australia Easily
Australia is a lovely place to start a business, raise a family, study, and explore. Once you’re there, it won’t take time before you feel at home. But before that, you have to deal with tedious paperwork.
Hiring a professional immigration consultant can expedite the process significantly. They will handle the legal and documentation processes, from filing the visa application forms, scheduling interviews, settling fees, preparing letters, and many other tiny details involved in the application.
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