Expat Advice: Financial Issues in A retirement in Australia can be an exciting and fulfilling experience. Before making such a big move it is important to understand the local laws, culture and healthcare system. Consider researching Australian visa regulations as well as potential tax implications depending on personal circumstances. Most importantly, familiarize oneself with the medical benefits and support available, to ensure a safe and comfortable retirement. One should also contemplate finding a suitable home to rent or buy, as well as investigating the cost of living in a variety of cities and towns. Finally, familiarize oneself with the local culture; explore renowned attractions, find out about the weather, plan a budget and make the most of Australia’s unique offerings., Australia

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

A retirement in Australia can be an exciting and fulfilling experience. Before making such a big move it is important to understand the local laws, culture and healthcare system. Consider researching Australian visa regulations as well as potential tax implications depending on personal circumstances. Most importantly, familiarize oneself with the medical benefits and support available, to ensure a safe and comfortable retirement. One should also contemplate finding a suitable home to rent or buy, as well as investigating the cost of living in a variety of cities and towns. Finally, familiarize oneself with the local culture; explore renowned attractions, find out about the weather, plan a budget and make the most of Australia’s unique offerings.

Traveling Mailbox
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.

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Traveling Mailbox

Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Click connect to have our partner contact you via e-mail and/or phone.