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Pension Transfers are not the most exciting part of emigrating to Australia, it certainly won’t have you jumping for joy like when you finally get you visa in your hand, but when you realise that what you could save on tax by having correct, timely advise could be more than all your other emigration costs put together you’ll realise it’s time to think very seriously about making the most of transferring your UK pension to Australia.

Darion Pohl, a pension transfer specialist and director of Prism Xpat, revealed to me 7 common pitfalls that many UK migrants make when considering transferring their UK pension to Australia.

I must point out that any tips and information in this article is general in nature, is information only and should not in anyway be construed as being financial advice. Each person’s financial situation will be different and you should seek professional advice from a cross border pensions specialist to determine the best way to act. Continue Reading

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If you’re emigrating to Australia from the UK you’ll probably be worried about getting your visa, passing the medicals, figuring out where to live and getting a job. Rightfully so, but there’s one step that far too many Brits think about too late or even worse, not at all and this could be costing them Tens of Thousands of pounds!

Pensions are not the most thing to talk about but I was lucky enough to talk to Darion Pohl of Prism Xpat. Darion has many years and countless qualification in the area of UK to Australia pension transfers and he made the whole area interesting and understandable and when he talked about the huge amount of money that many Brits emigrating to Australia can save is they make the right financial decisions then I became really excited!

He revealed to me 10 essential tips that every Brit planning to emigrate to Oz should seriously consider. Continue Reading

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Exchange rates might be something you’ve traditionally not paid much attention to in the past.

Sure you may have found yourself faced with the prospect of having to calculate the ‘value’ of the 20 Euro leather belt you’ve just purchased in the local Spanish market but it’s never been that big a deal.. right?

Well, when migrating to Australia the exchange rate you get for your home currency when transferring your hard earned money into Australia can be a very big deal indeed. With this in mind we’ve launched a new “exchange rate” category here at Getting Down Under to help us focus on this often overlooked area. Continue Reading

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