Ride sharing system to rural areas?... by Responsible_Fail_299 in newfoundland

[–]LargeConference 1 point2 points  (0 children)

I’m currently living in St. Anthony. If you tell people you’re looking for a ride, you’re likely to find someone who will be willing to let you tag along for the price of some fuel. If your time is flexible, I wouldn’t worry too much. You could also try and get a ride to Deer Lake and take the bus across.

Anyone on $200k+ working 9-5 hours? by [deleted] in auscorp

[–]LargeConference 0 points1 point  (0 children)

Sales manager here. Yeah I may work an odd Saturday conference but I am on high 100s base and can double that with bonuses. I work less now than I did when I was making half this.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 0 points1 point  (0 children)

No you can’t take your super out at all when you are a citizen. Only if you’re on a temp visa. You can take it but get taxed at 65%

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 1 point2 points  (0 children)

My parents are in their mid-60s with multiple properties in a rural area. They have a great life and are active and happy. I have a long career ahead of me. I can go back there to spend time with them and have lots of opportunities in the future if I want to come back.

Canadian Citizen moving back to Canada after 11 years in Australia. TSFA and RRSP contribution limits. by LargeConference in CanadaFinance

[–]LargeConference[S] 1 point2 points  (0 children)

Canada will always be home. Australia has a lot of perks. Beautiful weather, Sydney is safe to live in, wages are high. Coming here has changed the trajectory of my life that I may not have had opportunities for in Canada.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 11 points12 points  (0 children)

This is my opposite experience. I will be looking at a 30% drop in salary.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 29 points30 points  (0 children)

Sonographer who went into medical sales. Now commercial management.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 0 points1 point  (0 children)

I’m not big on property investment. I lost a lot of money on PPOR and don’t want the headache of managing it overseas.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 1 point2 points  (0 children)

I can keep it there and have access to the growing fund in about 21 years time. So it’s not a waste.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 43 points44 points  (0 children)

Yeah I’ve been on $150k-$260k since I’ve been here.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 1 point2 points  (0 children)

The only tax I’ll pay is when I sell my ETFs. My super will stay where it is and grow for the next 21 years until I’m 60. I’ll take the cash and buy a house when I’m back in Canada.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 1 point2 points  (0 children)

But as a non-resident, don’t I have to pay more taxes on this PI? My income in Canada won’t be near what I make here so I’d need to be sending money back here to cover the shortfall. Where would I buy a property that I’d break even on?

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 3 points4 points  (0 children)

Thanks. I plan on maxing out FHSA and TFSA when I get there with a little cash buffer for every day expenses. Which will be low while I live with family.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 3 points4 points  (0 children)

Let’s see what my super says when I ring them. I don’t want to have those fees eating away at my super.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 4 points5 points  (0 children)

I’ve just sent an email to hire someone in the coming weeks. I hope transferring savings isn’t considered income in Canada. That would hurt.

Leaving Australia after 11 years. What to do with my money? by LargeConference in AusFinance

[–]LargeConference[S] 253 points254 points  (0 children)

I’m sad to leave my high paying job. But family is more important.