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New user
Posts: 2
Location: , Poland | Hello I am Lukas from Poland. I plan to migrate in 2008 and want to take the money from my house with me. Is it better to transfer this in to Aus $$ now or should I wait till I am actually in oz? | |
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Finance Expert
Posts: 12
| Hi Lucas,
I am by no means an expert on the Zloty but it has been performing better than the £ sterling against the Aussie Dollar, so count yourself lukcy! Back in October the rates were around 0.41, and it is currently just under the 0.47 mark, so depending on how much you are looking at moving across then this would make a sizeable difference.
The advantage of moving your money before you migrate is the fact that you have complete peace of mind knowing how many dollars you will be getting, and any adverse movements in the exchange rate will not effect you. You can then start to budget for your new life, and take advantage of Australia's high interest rates of 7.25%!
There are different ways of moving your money, depending on your situation, so if you would like to learn more about your options then please call the migration team at HiFX on + 44 (0) 1753 859159, quoting Thinking Australia as a reference.
I hope this helps, and good luck with your move.
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New user
Posts: 2
Location: , Poland | Thanks for quick reply Richard. I will give you a ring - do you have offices in Poland? | |
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Finance Expert
Posts: 12
| We dont unfortunately, we are based in Windsor in the UK (as well as Australia, Spain, NZ, San Fran and Canada).
We are open UK time 8-7 Monday to Thursday, and 8-6pm on a Friday.
All the best,
Richard.
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| | All communications contained in this message board are 'information only' and should not be regarded as 'advice'. Only your appointed agent can provide advice as these are the requirements of the Australian Migration Act. You are advised that action taken as a result of any information received that does not come from your appointed agent may jeopardise your migration application.
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Want to transfer monies
