Retire To Australia From Uk

Australia is not an easy country for expats to retire to.

Retire to australia from uk. Australia is the fourth most popular destination for uk residents looking to retire abroad with spain france and the us topping the list according to a survey by mgm advantage. Retiring to australia from uk. But transplanting your whole life to the far side of the globe is a major task and there are plenty of questions to address such as how you d access your uk pension. So what would it cost to retire in australia.

Information and assistance can be found at skillclear co uk. The cost of living site numbeo provides a breakdown of consumer prices including real estate costs in australia s cities and towns. You can t simply get off the plane down under unpack your suitcases and stay there in total bliss for the rest of your life just because you don t have to go to work back home. The country has introduced a new retirement system without abolishing the flat rate age pension which is the traditional source of government fund for people that are retiring in australia.

The process for non eu citizens can be more complicated although the uk does have a number of social security agreements in place with countries such as the united states australia new zealand and canada whereby citizens can relocate to the uk for retirement or continue to reside permanently in the uk after retiring. For many retirees the thought of spending your twilight years down under is something that is just too good to resist. This continent has one of the best retirement systems across the globe. In order to retire to australia you must initially apply for a visa if you have family ties to australia you could potentially apply for a parent visa age dependent resident visa remaining relative visa or a carer relative visa.

First of all you have to find ways to. If you re thinking of retiring to one of the major cities the house prices are likely to seem exorbitant even to those familiar with the overheated uk market. To retire in australia requires you to meet certain criteria in order to qualify for the australia retirement visa a popular form of australia immigration. There s more to life down under than beaches and barbecues of course but we d be lying if we didn t consider that a big factor.

The flight from sydney to bangkok takes nine hours. Most holiday trips out of australia to the alluring destinations of southeast asia for example will entail pricey long haul flights e g. However retirees should always bear in mind the fact that they will not be entitled to any government or medical benefits during their retirement in australia and will need to secure their own fully comprehensive insurance policy from an australian company.