Nine out of ten Australia visa holders better off

June 24 2009 by Robbie Ragless

Sydney skyline: Nine out of ten Australia visa holders better off

90% of Australian visa holders happier

A new survey by banking giant NatWest has found that 91% of UK citizens who move to Australia say their quality of life is better in Oz. In addition, 90% claim they are better off financially.

British expats listed factors such as health and the cost of living as reasons to work in Australia. The country was polled in third place worldwide in the survey by NatWest, which looked at the countries in terms of factors such as health and financial benefits.

According to the survey, 53% of expats on Australia visas questioned moved on their own initiative, while the remainder moved because of work commitments. However, it seems that whatever the reason for the move, Brits do not regret their decision, benefitting greatly from cheaper living costs and better weather.

Buying a house in Australia has recently become even more affordable after stamp duty was halved by the government. This saves the average buyer £5,500 on the price of a home.

In addition to the sunshine and the cheaper lifestyle, property investment opportunities are attracting Brits to apply for an Australian visa, particularly in regions such as New South Wales, according to NatWest.

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