05 March 2009
Moving to Australia enticing as house prices continue to fall
As more people in the UK look abroad to set up a new life in more economically stable countries, the prospect of moving to Australia is becoming more attractive.
Not only is the Australian economy is looking to ride out the economic storm by the end of the year (according to Bloomberg), but interest rates are at the lowest they have been in years, house prices are dropping and the Government is allowing temporary increases in grants for first-home buyers.
People emigrating to Australia during these times will be the winners, snatching up bargains and low-interest home loans before the forecasted recovery gets into full-swing.
To add to this, Senator Chris Evans, Minister for Immigration and Citizenship, has indicated that his department would retain its record levels of migration until the release of next year's Budget. Currently, the Department of Immigration and Citizenship (DIAC) are trying to reach a target of 133,500 skilled visas.
While the global recession starts digging its heels in throughout the UK, US and elsewhere, Australia is likely to become an attractive destination for prospective migrants.
The Australian Visa Bureau is an independent consulting company specialising in helping people with emigrating to Australia.