People all around the world often harbour the dream of moving to start a new life in Australia. For some, it’s the need to escape a dreary 9 to 5 or a cold climate that makes Australia an expat hub. For others, it is the desire to make a fresh start on a continent known for sun, sand and surf. In 2018, Australia continues to be an attractive destination for expats from across the globe seeking all the above Down Under. Not only is the temperature around 12 degrees warmer in parts of Australia compared to many countries but according to Expatistan, the cost of living in Australia can be 12% cheaper than in these countries too. The attractive cost of living is a major financial advantage, allowing you to earn a good salary but spend less.For when you need to transfer savings to Australia or send money from Australia back to the UK, CurrencyFair offer you the support, speed and great exchange rates for your money transfers. Banks hide their fees in poor exchange rates, often charging as much as 3%-6% in excessive margins. CurrencyFair is around 0.45% away from the interbank rate meaning it’s up to 8x cheaper for you to transfer money between the UK and Australia with CurrencyFair.
The Cost of Living in Australia 2018 | CurrencyFair
Written by CurrencyFair