Leaving Australia the time comes for a lot of us. Some sooner than we had hoped. Either your visa runs out, or you have just had enough of Australia and want to go home.
So what do you do when you leave Australia? Just jump on a plane?
Yes by all means you can just jump on board and fly home worry free, but there are a few things to keep in mind.
Close your Australian bank account before leaving Australia!
– A lot of people leave their Australian bank accounts open.
Of course, if you do have outstanding overdrafts and credit cards I can see why this is the last thing on your mind.
If you do keep it open think about fees, dormancy, change of address, online banking and the cost of using your card outside of Australia.
But if you can we recommend closing it.
A lot of people end up paying $100’s of extra in charges. When you do get to Ireland or the UK you can’t just call the bank and close it.
You have to settle the balance even if there is 1 cent owed on it. Additionally, you have to post a letter to them, with signatures and pay for postage, etc.
We have had some small business owners who had business accounts and were only able to close their account by being in Australia.
If an account is not used, it is classed as dormant and closed. The length of time before an account is classed as dormant varies with different banks.
If you are transferring money before you leave
We recommend using any of the following money transfer services:
What if I still have money in my account but can’t access it?
The length of time before an account is classed as dormant varies with different banks around 6 to 12 months is normal.
A dormancy fee is charged and the remaining balance transferred to a “lost monies account”.
The bank must be contacted directly to find out how to retrieve this money
If you do want to claim money back, it certainly isn’t an easy process. But you can read the Gov website here
Sort out your superannuation and tax back:
Another thing to do. This one is far more important. Depending how long you have been in Australia you could be entitled to quite a lot of Superannuation back.
We have an entire guide on claiming your super back, which is worth a read literally covers everything. Get ready to pay 35% to the government. :(
When claiming tax back when you are leaving Australia, there are two problems.
Problem 1: If you claim your tax back before the tax year, i.e., July
If you return from Australia say in December and don’t plan to return then the average time for a tax refund can be anywhere from 2-4 months(because it is “before the end of tax year”).
Depends on a few factors, but let’s just say it does take MUCH longer than if you were to wait until July and do it then.
Problem 2: Obtaining past employer PAYG summaries
If you are on a working holiday visa, you probably worked in a few jobs, and again if you do decide to leave in December for example, you will have to obtain each PAYG form from each employer.
Sounds easy doesn’t it? Except a lot of companies don’t issue them until June or as late as possible. Now depending on the type of employer and how efficient they are you might be waiting a while.
TaxBack.com have it as part of their tax back packages that they will get the PAYG form for you.
Final points on Superannuation and Tax Back when leaving Australia
- Between Tax + Super, you can get anywhere from $3500 – $5000+, so it’s well worth applying for.
- If you don’t go through an agent and your bank account is still open then they could contact you to pay you directly into your current account. Which is a lot easier than getting a check etc
- Although tax back agencies do take a cut, it can be worth taking the hassle out of it.
Car Insurance, Travel Insurance + Flights when leaving Australia
If you have been living in Australia for two years plus and got extra insurance from a company like Youi(for example).
Make sure you get a “no claims” or just evidence that you have been driving in Australia and insured.
This is mainly for Ireland when you do return after two years your old no claims bonus even if you had 5+ years becomes void if you haven’t driven in Ireland for two years.
So this means when you do return and get a car and all that, you will have to pay full price for insurance!
If you have only had Rego, it doesn’t cover you, unfortunately.
A lot of people head over to Thailand, Bali or random parts of Asia before heading home. Make sure you do get some travel insurance. We have 10% off with GoInsurance.
You can pick and choose what you want to include in your policy. Very handy.
We now have great lay by flight options with Studnet flights(you don’t have to be a student to use them).
You just pay $99 deposit and you can secure your fare. More details on lay by flights here.
You can email them directly at irisharoundoz@studentflights.
Mention Irish Around Oz to ensure you get the best rate.
Should I ship everything when I am leaving Australia or sell it?
Depending on if you are here 1 – 5+ years you can accumulate so much stuff. It’s crazy, it just happens.
There are three options when it comes to shipping from Australia to Ireland/UK.
Option 1: You have a lot of stuff and could fill a few boxes or a container
You move into an unfurnished place in Australia and spend $1000’s over a few years on furniture, tv’s and household items.
Sure you can sell it, but it can be just as easy to ship it.
They basically drop a container to your door and you fill it up. You can watch the video on this shipping article we published.
We also have a nice $25 off your entire shipment in the above links or get a quote here.
There are a few other shipping companies out there but Seven Seas Worldwide are one of the best and always give one of the most competitive rates, many of our readers have used them too.
You can also ship a few boxes with them. They deliver via sea so ideal if you are doing a bit of travelling first or in no rush to get everything.
Option 2: You start packing and realize I have about 70Kg’s+ here!
It happens even after one year on a working holiday visa, you just acquire so much stuff. This happens to a LOT of people returning home.
Send My Bag is a great option, you just fill a bag/box with 30+ KG’s and they come collect it from your address.
They ship via air so it normally doesn’t take any longer than a week. Handy if you have a lot of tools and don’t want to pay the crazy extra baggage prices on most airlines.
We also have 5% off Send My Bag with this link.
Option 3: Just sell everything!
A lot of people go for this option. It’s up to you at the end of the day. Just keep in mind that unless you start selling early, you could end up doing a last minute sale and giving away everything away for half nothing.
On the plus side, you arrive in Ireland all fresh and ready to start again.
It’s best to post for sale posts on one of our groups around Australia. There is a full list of our groups for Irish people living in Australia here.
Shipping pets from Australia
It is way too hard to leave a pet in Australia. We have a guide coming out soon.
For now we recommend Dogtainers, they are highly recommended from PomsinOz and we are working on a fantastic guide on shipping your pet to or from Australia.
They are Australia’s biggest locally owned and operated pet transport network in Australia
Final points for when you are leaving Australia
- Returning home is and can be quite difficult. Depending on how long you have been away and where you live it can take a long time to get settled.
- Although you will probably notice that a lot of things are still the same, you will feel a lot different.
- All suggestions are guidelines based on feedback we have received from many Irish people moving back to Ireland.
- For a full list of resources visit our resources page.
- When you do leave don’t forget about us!
- What else do you wish you had known before leaving Australia? Comment below: