The cost of living in Australia is getting higher and higher, with electricity tariffs rising 12% in the last quarter of last year alone! Old age, retired, living on a pension, that really has to live on a diet. Finally, the end of a career, it is the time to enjoy, but found that they simply can't afford to enjoy!
Recently released in the Global Urban Life list 2017, Australian city data are as follows:
Australia has four cities that cost the top 30 in the world:
Sydney: 14 places in the world
Perth: world 23
Melbourne: 26th place in the world
Brisbane: 28 in the world
Faced with the high cost of living in the city, 66-year-old Australian Nora is one of these retirees.
Living in Perth, she runs a gallery before she retires. After retirement, she can only live in a government-funded public housing, with a meagre pension.
But she won't! Are you going to spend the rest of your life like this? She made a big decision. go abroad! Move!
Nora packed all her possessions and came to Spain with two Abyssinia cats. In southern Spain, Nora is the only Australian among the 24000 inhabitants of (Martos), a beautiful small town.
Famous attractions in southern Spain: here Nora lives comfortably in a three-bedroom, two-bathroom house. Because it was a high-rise house and the location was excellent, she could sit on a panoramic view of the town without having to go out. The surrounding natural scenery and cultural environment is also too good to say, nearby is full of rows of olive trees.
Nora's house is only a 20-minute drive from Hahn (Jaen), which produces 20% of the world's olive oil, with 66 million olive trees.
"you can see local olive oil billionaires drinking coffee with garbage collectors because they used to be classmates. The people here are not snobbery, and everyone can blend in. " Said Nora.
But most of all, the cost of living here is much cheaper than in Australia! Generally speaking, to order a three-course dish at the local level is only $12. The annual municipal fee is 110 euros, and the water fee is 120 euros. Nora only needs a pension to pay all the bills.
Nora also renovated her $65, 000 home in Matos with a pension. In Spain, the cheapest place to buy a house is in its early twenties.
"if you're an Australian who depends on an government pension and you have a tough life, I strongly recommend you see if you have any other options, especially if you can speak another language," Nora said.
At first, many people disapproved of Nora's choice, and the older they were, the harder it was to adapt to change and the new environment.
"in fact, it's not as terrible as many friends think!" I am the one who is willing to accept the challenge. " So said Nora.
Indeed, in cheap, scenic places, the same amount of money, can live a much more dignified! And the quality of life can be greatly improved, want to buy what! How do you want to play?! In addition, with the advantage of exchange rate, go to a Southeast Asian country casually, hundreds of Australian dollars, can change into a dozen local money, become a real estate in a second.
Well, after reading Nora's story, are you excited too? However, to move to overseas pension, you still have a lot to consider ahead of time, Australian pension policy:
Beginning in July 2018, all applicants will need to have resided in Australia for at least 15 consecutive years in order to qualify for pension benefits or disability support allowance (DSP).
From the sixth week of Australia's stay abroad, pension subsidies will be reduced and energy subsidies will no longer be available.
If you live overseas for more than 26 weeks, the pension calculation will be proportional to the length of time you have lived in Australia.
The details are as follows:
Between the age of 16 and the retirement age, the pension amount is not affected for those who have lived for 35 years or more.
For those who have not lived for 35 years, the pension amount = normal * (n = 35)
N = years of residence
For example, from a 10-year-old residence in Australia between the ages of 16 and retirement, the pension you will receive is only 10 per cent of the normal amount.
If you're going to a country that has an international social security agreement with Australia, it's a little different.
Australia and 31 other countries, including Spain, Japan and Italy, have such agreements to bring social welfare coverage closer.
Depending on where retirees live and how long they live in each country, they may receive an government pension in Australia and each of the countries in which they live.
In addition, Australian citizens who have lived overseas for more than five years and permanent residents who have lived overseas for more than 12 months, (PR), have lost Medicare benefits. And you don't have to pay a medical tax, (medicare levy).
In fact, with the exception of Nora, there are more and more retirees in Australia who choose to settle abroad, from 7910 in 2005 to 11,660 in 16. It's still increasing.
Among them, the most popular destinations include New Zealand, Italy, Greece and Spain.
Italian town:
Santorini, Greece:
New Zealand Town:
Netizens discussed:
Didn't lippea: say Australia is good for the elderly? Why did I change before the old wind?
Lucidwood: Australia good welfare is good, but Australian medical sickness drinking water + panadol, disease line up for two years.
Aimee: fooled me into coming to Australia to provide for the old-age, and now he's going to fool me out. I'm not fooled!
Hao: on the importance of learning more foreign languages when young.
Ladies and gentlemen, have you saved enough money for your old age? Come and vote to show your attitude!