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Are You Dreaming of Living in Australia?
It comes as no surprise that the Land Down Under attracts numerous expats, enticed by its warm culture, breathtaking beaches, and delightful weather, among other appealing factors. Australia’s cosmopolitan cities, commitment to multiculturalism, and relaxed lifestyle collectively make it a highly sought-after destination for expatriates worldwide.
Cost of Living
Australia holds the 58th position on Forbes’ global cost of living index, and cities like Sydney, Melbourne, Perth, Canberra, and Brisbane vary in their rankings. While Australia is recognized for its relatively higher cost of living, it also provides diverse living options. Smaller and suburban cities, in particular, present more affordable housing choices, offering residents a balance between cost and quality of life.
Housing
In the housing realm, Sydney claims the highest median house price, presenting a more upscale market, whereas Adelaide stands out as a more budget-friendly alternative. Rental prices fluctuate considerably based on location, with exploring smaller cities proving beneficial for those seeking more affordable accommodation options.
Retirement
Australia’s allure for retirement is enhanced by its rich nautical culture, stunning coastlines, and modern amenities, making it an appealing choice for those contemplating retirement. The Investor Retirement visa (Subclass 405) caters specifically to self-funded retirees without dependents, providing the freedom to reside and travel in Australia for four years, with the option for renewal. Whether one envisions working, retiring, or simply immersing oneself in Australia’s vibrant lifestyle, the Land Down Under has numerous opportunities for expats looking to embark on a new chapter.
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