Ally Wealth Management

Many Australian expats repatriate to their previous home city.

Back to familiar streets.
Close to parents.
Near old friends.

The same city they left years ago.

But increasingly, we're seeing many move somewhere completely different in Australia...often driven by work.

And many under-estimate the financial implications of this move.

It's about:

→ Property prices
→ Rental costs
→ Land tax thresholds on properties in other states
→ Childcare and schooling costs without family support
→ Flights to see family
→ Whether you have grandparents nearby to help with the kids
→ Cost of living differences between cities

We've seen families move for a higher salary, but only to discover their overall cash flow actually deteriorated.

The lesson here is never modelling the income in isolation.

This is one of the reasons we believe great advice adds so much value.

Not because an adviser predicts the future.

But because they help you understand the consequences of the decisions before you make them.