Emigrating to Australia

Emigrating to Australia

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Moving to Australia from UK

More and more people are heading Down Under in search of a sunnier lifestyle in Australia. With its stunning beaches, buzzing cities, hot summers and mild winters, Oz has always been a major attraction for Brits moving abroad.

Whether it’s buying a house in Australia to retire to or moving for a new job, there is a fair amount of preparation needed before you pack your bags and jet off.

 

Do you need a visa to live in Australia?

British citizens require a visa to enter Australia, with a specific visa for those who wish to emigrate there.

Retirement visas are available for those over the age of 55. In addition, you must have more than $500,000 in assets and an income of $65,000 (this can include a pension) to qualify for one.

Many younger people that emigrate to Australia apply for a Skilled Migration Visa, which allows them to live and work within the country. This visa is awarded on a points-based system, and the entire process can take up to a year to complete.

 

Which visa do you need to live in Australia?

The General Skilled Migration Visa includes 5 subsets. These are:

  • Skilled Independent Visa (subclass 189)
  • Skilled - Nominated (subclass 190) Visa
  • Graduate Temporary (subclass 485) Visa
  • Skilled - Nominated or Sponsored Provisional (subclass 489) Visa
  • Skilled Regional (subclass 887) Visa

The most common visa is the Skilled Independent Visa (subclass 189), which allows you to live and work in Australia without requiring sponsorship from a relative, region or the state.

 

How does the points system work in Australia?

Points are awarded on the basis of age, education, proficiency in the English language and experience gained within skilled employment. Applicants will need to score at least 60 points to qualify for a Skilled Migration Visa.

Employment experience must have been gained in one of the occupations on the Australian Consolidated Sponsored Occupations List (CSOL) or Skilled Occupations List (SOL), depending on the visa you apply for.

Points can also be earned based on the criteria of any spouse/partner included on your visa application.

 

How can I apply for my Australian visa?

You can apply for your visa online via the Australian government website, where a more detailed breakdown of each visa is provided. A helpful questionnaire will also help you to identify which visa you require.

 

Opening a bank account in Australia

Fortunately, setting up your bank account in Australia is quite a simple process. There are a few ways you can do this, including the option to set up your account online or over the phone before you arrive in Australia.

Some of the biggest and most trusted banks in the country include Commonwealth Bank, National Australia Bank, Westpac and Australia and New Zealand Banking Group.

 

Foreign currency exchange for moving to Australia

If you’re moving to Australia from the UK on a permanent basis, you’ll most likely need to transfer money between your Australian and UK bank accounts on more than a few occasions.

Whether buying a house or transferring your pension over to yourself, sending money to Australia from the UK is an essential part of emigrating to Oz. And, with some high-street banks charging as much as £40 in transaction fees per transfer, making these international payments regularly could cost a considerable amount.

That’s why, as a team of foreign currency exchange specialists, we are dedicated to saving you time and money on every overseas payment you make. We offer low transfer fees and competitive exchange rates when you exchange GBP to AUD.

How can we help you emigrate?

Make payments to wherever you emigrate with 100+ currencies

Make payments to wherever you emigrate with 120+ currencies

Make payments when you need them with 24/7 access

24/7 access allows you to make payments when you need to

The option to set up easy, regular payments

The option to set up easy, regular payments

Making the most of your international payments account

Make a payment

Make a payment

No matter how big the transfer, we are ready to send your global payment.

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GBP to AUD exchange rate

GBP to AUD exchange rate

Keep an eye on the pound to Australian dollar exchange rate in our Currency Zone.

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Buy property in Australia

Buy property in Australia

Purchase your dream home in the sun and enjoy savings on your international payments.

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Tips on making the most for your money when you emigrate

Tips on making the most for your money when you emigrate

Our News Hub has plenty of easy-to-read guidance on how to emigrate abroad

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