Don’t use a bank use a forex company.Īs said keep your Aus bank account it will be useful and you can get on line access or phone access from UK. Worth checking the detail as you could potentially save thousands. If you have to wait (not sure if you can take it yet) HMRC will tax it. If you can take it before you go then do so as it will be tax free. If shipping be sure to get TOR (customs exemption) clearance to avoid import duties you can do this online. NI number dig it up or use online search you will likely need it.Īs others have said be ruthless with what your taking possession-wise, get several quotes for shipping and then ask for a better price. Look for work now if you need to, online job agencies can be accessed now just tell them when you're getting there. We bought a cheap car and 6 months later had proof we are creditworthy in the system when last back. Even if you can afford it put on UK credit and pay back on time. Get yourself some credit based purchases 2 if possible, to assist with future mortgages etc you would have disappeared on credit score. This will ensure you are back on the NHS roundabout. Register with a GP as soon as you arrive, you can move GP'S later on when you decide where you will settle. They don't need to know you're moving back permanentlyĭriving license apply to DVLA if you plan to stay, they have been updated from the old paper version. We have ING online it claims no ATM fees overseas, notify them you will be in UK to stop them thinking someone has unlawful access. If age is a factor look at super and pension rights, if you have assets liquidated after the split how to move them without capital gains tax.Įnsure you have an Aussie bank account that you can access in UK, until you get a UK one. You should test whether you’re liable for tax by completing the Statuary Residence Test.You don't mention your age or financial position so makes it hard to answer. Expat taxes – Whether you have to pay expat taxes will depend on your own personal circumstances.However, you cannot put money into it after the tax year following your move. Individual Savings Account (ISA) – You can keep your ISA open and still get UK tax relief on money and investments held in it.But before you move, you must inform your current pension holder. Pensions – You can either leave your pension in the UK, or transfer it to an approved arrangement in your new country of residence.Many UK banks will offer these, so it won't be a stressful process. Before you get settled into your new home, you should also set up an international account. Bank accounts – If you don’t have any assets in the UK, such as property, it’s best for you to close your UK bank account. Take a look at the main aspects of finance you need to organise before you leave the country: Hover over the dots to see how many expats have relocated, or if you have a specific place in mind, you can use the search bar:įinance is a finicky thing, but it all needs sorting before you pack your bags. Want to follow the trend? Check out the map below to see where most British expats have relocated to across the world. This can be as simple as food and lifestyle, or more extreme values like keeping yourself covered up. Strong cultural differences – Some countries will have cultural values outside of your norm.Politics – You might not be comfortable living around people with very different political beliefs. Bigger cities are likely to have higher crime rates, and you should check out the transport links for any night time adventures.
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