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Brett Evans

πŸ‘€ Speaker
1123 total appearances

Appearances Over Time

Podcast Appearances

The Money Puzzle
Moving money around the world - Your expat explainer

I mean, in two years, the cost of moving your furniture, flights, just the chaos that goes around both relocating to and fro.

The Money Puzzle
Moving money around the world - Your expat explainer

You need an ROI on that investment, time and money to do it.

The Money Puzzle
Moving money around the world - Your expat explainer

So 100%, five to seven years, I think is that sort of perfect sort of timeframe for those folks who don't want to go forever, but want to really enjoy their time and have a chance to let their cash flows normalize.

The Money Puzzle
Moving money around the world - Your expat explainer

You know, it's like when you move overseas, you're buying everything from you.

The Money Puzzle
Moving money around the world - Your expat explainer

So after five years, you own everything you need and your cashflow is normalized and then you can save and put money away and make the most of your time away.

The Money Puzzle
Moving money around the world - Your expat explainer

i think 10 years ago it was people seeking it out themselves so they wanted the adventure they wanted the experience living overseas 10 20 30 years ago what we've seen in the last 10 years has been obviously the digitization of the workforce so now you could be sitting away just having your nine to five job in australia and a recruiter reaches out from overseas to say hey james we'd like to offer you this money to come and do this role in this country are you interested

The Money Puzzle
Moving money around the world - Your expat explainer

So that's what's changed a lot.

The Money Puzzle
Moving money around the world - Your expat explainer

That opportunity is now coming to people as opposed to people seeking it.

The Money Puzzle
Moving money around the world - Your expat explainer

There still is a lot of people seeking those opportunities, but I think you can sort of cut the expat market into three areas.

The Money Puzzle
Moving money around the world - Your expat explainer

So you've got the economic refugees who are just doing it to try and get ahead.

The Money Puzzle
Moving money around the world - Your expat explainer

And they're trying to shoehorn what they do right now with what they want to do overseas.

The Money Puzzle
Moving money around the world - Your expat explainer

Second one is obviously those looking to seek adventure or

The Money Puzzle
Moving money around the world - Your expat explainer

Maybe the role they're going for doesn't exist in Australia, so they have to go out and find it.

The Money Puzzle
Moving money around the world - Your expat explainer

And the last one would be the reverse, people being actively recruited in Australia to move overseas.

The Money Puzzle
Moving money around the world - Your expat explainer

Look,

The Money Puzzle
Moving money around the world - Your expat explainer

Four years ago, Dubai was a bit of an oasis and a utopia because the prices hadn't changed, but it was becoming popular, more and more popular.

The Money Puzzle
Moving money around the world - Your expat explainer

And with that surge, I think a thousand people a day over the last 12 months have been moving to Dubai.

The Money Puzzle
Moving money around the world - Your expat explainer

So with that comes that inflation that builds everything up.

The Money Puzzle
Moving money around the world - Your expat explainer

So rent and school prices and everything came through.

The Money Puzzle
Moving money around the world - Your expat explainer

To me,