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Forex

All You Need to Know Before Moving to Australia

Willing to relocate to Australia? Then, you have got off to a great start because you found this guide! Our comprehensive guide will assist you in your decision-making and migration checklist to prepare you for potential ambiguities en-route your Australian adventure.

Before you pack your bags and go off, there is a good deal of planning to do. Whether you’re immigrating to Australia for a new job or to buy a home there to retire to, there’s a lot of information you need to process. When you decide to relocate abroad, there are various expenses you need to pay for, including tuition, rent, transport, food, etc. Considering your predicament, we’ve come up with this guide to provide assistance with a quick guide! This pertains to your visa applications, extending to your options for exchanging your INR to Australian dollars  as well as supporting your family.

Australian Visa Categories:

Let’s get started with the understanding of the visa processes in Australia and their fundamental eligibility precondition: The Department of Home Affairs are responsible for the immigrants immigrating to Australia. The Immigration Programs Division administers the purpose of the resident return visa programmes, as well as temporary admission to assist tourism, education, and international relations. They aim at maximising the long-term economic and social advantages to Australia.

You must present your travel documentation or passport upon entering Australia. When you apply for a visa, your passport must have your visa electronically attached to it. Also, bring any expired passports or travel documents connected to your visa, as well as a current, valid passport or other form of identification. The Immigration Programs Division has provided varied visas pertaining to the purpose of the migrant’s visit.

Basic Visa Category:

  • Student/Training visa
  • Business/Work visa
  • Visitor visas
  • Immigration and Naturalization visas (including partners/spouses )
  • Permanent resident visas
  • Refugee/Humanitarian visas
  • Repealed visas

How Can Thomas Cook Help You Emigrate?

  • Make payments with 26 currencies to wherever you emigrate

Having a Forex card  for any international trip is a wise choice. To have more control and insight over your worldwide spending, Thomas Cook lets you reserve the foreign exchange denominations you want. You may easily access the Thomas Cook website, log in with your information, and purchase currency notes in cash. Alternatively, you could go to the nearby Thomas Cook location and our knowledgeable staff can assist you with buying currency notes right now. For the most recent conversion rates and the ideal time to buy foreign exchange notes , you may also use our online currency converter.

  • Pay at any time of day; available 24 hours a day

It enables the users to have access on their respective accounts through our website. It facilitates secure online access which enables you to pay online with utmost safety. You can also login online or via the app to view and manage your payment plans anywhere, any time.

  • Make payments quick and easy

You can feel secure about your FOREX transactions with Thomas Cook India since we keep everything transparent and accountable at every stage of the buying process. It is an RBI authorised firm. Provides you the fastest and safest method to send money from India to Australia with our reliable remittance service , which you can use from the comfort of your home.

Things to Consider:

Apply for an Australian Visa

The Australian government facilitates various visas to the migrants on the basis of their purpose of visit. Among them, the two vital visas, mostly opted by people immigrating to Australia from India, are:

  • A student visa, which allows you to stay for up to five years and requires that you obtain a reservation at an accredited educational institution.
  • A work visa, of which there are numerous varieties depending on the type of work you wish to undertake. Few of the visas give permanent residency if certain rigorous requirements are completed.

Visit the official website of the Australian government to acquire further details regarding the documents required along with the cost. Cost of each visa varies. Check thoroughly before you apply.

Create an Australian Bank Account

Setting up your new life in Australia becomes easier if you have an account with the Australian bank. You can, with utmost ease, be able to create your account online. The only things that you require to provide are your passport and information pertaining to your visa.

You can easily operate your account and make deposits through the bank’s website and app after completing this online process. Withdrawals and other account features will remain unavailable until you travel to Australia and physically present official identification at a branch.

Pay for your Medical Health Care

All Australians have access to safe, cost-effective healthcare, thanks to one of the top healthcare systems in the world: Australia. Having Overseas Student Health Cover (OSHC) insurance for the duration of your stay is a requirement of your student visa. Every public hospital in Adelaide is covered by OSHC. If you get sick or hurt, OSHC can pay for a lot of your medical costs. There are numerous companies that offer OSHC coverage. Either your education provider will buy OSHC for you, or you can choose your own OSHC-approved provider and pay for the insurance yourself.

The migrants holding a work visa are advised to have Medicare insurance – an access to healthcare for citizens and permanent residents of Australia. Regardless of whether it is required by their visa, the Australian government highly advises newcomers to obtain comprehensive private health insurance. You will be responsible for covering any medical expenses you incur if you don’t have the health insurance.

Accommodation And Cost of Living

You should, beforehand, give importance to the immediate expenditures associated with moving to Australia, such as the cost of your visa and health insurance policy. It’s a good idea to also make a note of what your average cost of living will be in Australia. It is recommended for students to select on-campus housing or any other location that is accessible to the university. It is preferable for other immigrants to select any affordable housing options and an effective transit infrastructure to balance off any additional costs.

5 Tips for Student Accommodation Abroad | Study Buddy (EP:7)

Remittances to Family Abroad

After relocating to Australia, one of your top goals might be to transfer money to family and friends back home, whether as one-time presents or ongoing contributions to their living expenses. Although your Australian bank can do this, you might also want to opt for an online-only transfer service. To make your transactions easier and faster you can also rely on trusted forex companies like Thomas Cook. It ensures to help you out with all your forex requirements to make the process safe, secure and hassle-free.

It’s never simple to purchase foreign currency abroad. To buy foreign currency can occasionally be a huge challenge in a foreign place. But Thomas Cook can help to make this part of your life easier than ever before. Exchanging INR to Australian dollars has never been this simple and hassle-free as it is in the modern digital world. Anywhere in the world, Thomas Cook enables you to quickly buy foreign currency.

Moving abroad is a big step that requires a lot of planning and a reliable forex service provider like Thomas Cook, one of the leading forex companies in India, can help you make the transition smoother. You can get in touch with us on www.thomascook.in/foreign-exchange


 

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