I’m writing today’s article as if I could somehow post it back in time, two years prior would have been perfect.
You see, Mrs Firebug and I were packing up our life in Australia, about to jet off to the other side of the globe with a strong desire to see all the wonderful and interesting places that Europe offers. But quitting your job and moving to London can be scary shit yo! I’m a pretty confident person normally but you do second guess yourself when you’re out of your comfort zone.
But you know what? Working hard and investing during our early/mid 20’s left us in a really good spot financially and we avoided a lot of potential worry and stress had we made this trip beforehand.
Still, I really had no idea what to expect and wasted a lot of time and money simply because I didn’t know what I’m going to share with you in today’s piece.
I’m writing this guide to help ya out. If you fall into one of these categories:
- You want to move to London
- You already live in London
- You want to move overseas but continue to invest in Australia as we have done
Then this is the guide for you!
Are you sure you want to live in London?
Before we dive into the article, I want to warn any would-be Londoners of one unavoidable fact.
London is stupidly expensive!
It ranked 19th in Mercer’s 26th annual cost of living report. To put that into perspective, Syndey ranked 66th and Melbourne came in at 99th.
You really need to ask yourself what’s important. We predominately moved to the UK to be close to Europe for travelling. Mrs. FB is a school teacher and she basically earns the same amount of money in London as she would in just about any other city or town in the UK. But most of the high paying contract jobs in tech were in London which is the reason we decided to move there.
Had I been in an industry that didn’t attract a premium in The Big Smoke, there’s a very good chance we would have ended up somewhere else like Liverpool, Edinburgh or Belfast.
IMO, you really should heavily consider living somewhere else if your salary is < £35K or you can get paid a similar wage somewhere else in the UK.
I know a lot of people who moved to London straight after uni that worked minimum wage jobs at a bar and couch-surfed through Europe. London would be one of the last places on earth I would choose to live if I had a minimum-wage gig (Cafe work in Thailand/Mylasia comes to mind). Don’t get me wrong, it’s an amazing city, but there’s an array of other really good cities in the UK where you can do lower-paid work and not have to pay the outrageous rental costs of The Big Smoke.
But if you’re still keen on London, please do read on.
Setting up life in London
Find a home
We lived in two apartments during our tenure, the first being in Norbury (Zone 3) before succumbing to the classic Aussie stereotype and set up shop in Melbourne 2.0 aka Clapham (Zone 2). We were paying £900/m (bills included) in Norbury for our room that had a private ensuite in a brand new apartment right next to the overground station. In Clapham North we paid £900 + bills (£60) per month for a classic Edwardian style flat that was a lot older but actually had more character which grew on me.
The Zones dictate how central the location is to the city (Zone 1 being the most central location) and they actually make a difference in the cost of public transport too.
Zone 1 is too expensive IMO (you may be able to find a cracking deal) and we found the sweet spot in terms of location and price was in Zone 2. Zone 3 was ok but if you’re planning to commute via bike, you could be looking at a 45-60 minute trip each way which is a little bit offputting for most. IMO it is so worth paying a bit extra to be closer to the city so you can cut down your riding time to be 20-30 minutes to the CBD. Check out this zone map for more info.
One of the best resources I can recommend is the Aussies in London Facebook groups. There are a few of them getting about and sometimes the groups that are a bit smaller (<15,000) are actually better. These groups are not only fantastic to find spare rooms, but they also act as a market place for second-hand bikes, clothes plus tips and tricks. You can usually get some killer deals on there when people move back to Australia and sell a lot of their stuff. If you post a pic of yourself with a bit of a write-up, there is a great chance that you’ll get some messages from people looking for a flatmate. I’m not on Facebook anymore but I’m sure there are a few people in those groups who’d benefit from this guide so feel free to share this around.
We personally found this way of finding a place much better than going through websites like Spareroom which was the website we used for our first place. Those other websites will charge you a premium to be able to access newly listed rooms/properties plus dealing directly with the flatmates was always a better experience even when we didn’t want to live in the flat.
It depends on what you’re looking for too. A lot of people will say that you should live with people from other cultures/countries to get the proper experience which probably won’t happen if you’re looking for rooms on an Australian Facebook page.
Here are my general recommendations based on our experiences for finding a home in London.
- Flat sharing is fun and is a key part of the experience (way cheaper too)
- Couples have it much cheaper than singles even factoring in the extra price couples sometimes have to pay for
- Having our own ensuite was worth it (for us)
- London has great public transport but there are some black spots. Try to get as close to a tube station/overground as you can. If you can get near a big hub (like Clapham Junction), even better
- Biking is the best way to get around the city (more on this below)! Bike superhighways are a recent edition (I believe old Bojo had something to do with them actually) to London but they are superb and something I would try to live near to make my commute into the city a hell of a lot easier. There is a world of difference riding in a dedicated lane vs weaving in and out of traffic
Thank your lucky stars that you didn’t move to London ~ pre-2016. Setting up a bank account used to be one of the most bothersome tasks before the digital banking shakeup in 2014 that changed everything. Horror stories used to be common where people would move to London and get stuck in a shit sandwich loop. They couldn’t sign up for a flat because the rental agency wanted to see payslips/bank statements but the old school banks wouldn’t let someone open up an account that didn’t have a place of residency in the UK, but they couldn’t get a place without… yeah, you get it.
What a nightmare!
From what I heard, the 2008 financial crisis introduced extremely strict banking rules which meant a whole bunch of red tape and general pain for ex-pats trying to start a new life. Fast forward 6 years and the government started to ease the barrier of entry for banking licences and reduce the restrictions which gave rise to a new concept in baking… the challenger banks.
You might have heard of 86 400, Volt and Up. These are called Neo banks in Australia but they’re really just copy cats based off a concept that was started here in London.
I bank with both Monzo and Starling and can recommend both. They are seriously epic. The apps for both are extremely well developed and do everything you need. You can’t get a better interest rate for international travel either and there are no fees associated with the account.
But the best feature of all, hands down, is how effortlessly you set up your account. It’s 100% done through the app. No branches or dealing with people at all. You fill out a bunch of questions, record a selfie video saying who you are, take a photo of your passport and a few other documents and you’re done. The card gets mail out to your location and that’s it!
If I had to choose, I’d probably go with Monzo purely because it’s more popular and they’re cool features you can do if you share a meal with a group and everyone uses Monzo.
Boy oh boy is it ganna be hard going back to Australian phone plans after you see what kind of deals you can get in the UK.
Mrs. FB and I are both with Voxi (a subsidiary of Vodaphone) and their plans are very good. Going from country Victoria where I was paying something like $40 for a gig of data which wouldn’t even bloody work half the time, to deals like these was unreal.
Unbelievable! £12 quid (~$24 AUD) for unlimited video streaming/social media. And the connection was never a problem for us here in the south of London.
It’s cheap and it works but the best feature bar none was definitely not having to get a new sim card when we were hopping around Europe to all the other countries. I love technology 🙏.
We can only vouch for Voxi because it’s the plan we used but I have seen other similar ones that were just as good.
This is a big topic and one that can potentially save you £1,000’s of pounds each year.
First things first. Download City Mapper right now! It’s hands down the best navigation app for getting around London. I’m a massive Google Maps fanboy and it took me a while to migrate over to City Mapper but man, once I did, I was well and truly converted. It is really designed for cities (there’s one for NYC, Paris, Hong Kong) and I found it to be a lot more accurate than Google Maps was when it came to service disruptions.
IMO, biking is the most superior form of transport in London and it’s not even close! You might be rolling your eyes because this is such a FIRE thing to say but trust me with this one, London is a really bike-friendly city with the additions of the Bike Superhighways that were added in the last few years.
I’m not even saying this because of how much money you save and the added benefit of the extra exercise, it’s generally a mood booster to cycle around this gorgeous city each morning when I was commuting to the office. It’s also the quickest form of transport (I consistently flew past cars commuting up High street on my way to the city) and you are never rushing to catch a train or bus. How many of you guys out there look forward to your commute in the mornings? If the sun was shining, my morning rides were more often than not one of the best parts of my day. Now granted I have been told that 2020 did have particularly good spring/summer/autumn and the weather does play a big part. But boy oh boy when the sun does come out, riding through Battersea park, over London Bridge and around the cute streets of Notting Hill are memories I’m going to cherish forever and I know I’ll miss those rides when we’re back in Australia.
Handy tip: Check if your employer participates in the Cycle to Work scheme. You get a bike for free at the start, then the amount is deducted from your pay every month until it’s paid off. Because the amount is deducted before tax, you end paying less tax, and therefore you pay less than the bike actually cost.
The London Underground AKA “The Tube” is a feat of engineering the likes of which I’ve never seen before. It boggles the mind how I can miss a train and wait no more than 90 seconds before another one rocks up. The efficiency for a network to run like this is mindblowing for my simple noggin 🤯 and I have to admit, when I first started catching the tube, there is a little bit of novelty it.
I have fond memories of landing my first contract and catching the tube to work in central London. I really felt like a Londoner power walking through the endless crowds of white-collar city slickers in my new chinos and overcoat… and theeeeeeeeeeeeeen the novelty wore off three weeks later 😂.
I really only caught the tube (pre-covid) when I had to after I bought a bike. It’s bloody handy to have it up your sleeve though.
One of the best features of ‘Transport For London’ (tfl) is being able to use your cards tap and go technology straight off the plane. You know how travellers have to buy a Miki card when they get to Melbourne and want to use public transport? You don’t need to do that in London which is fantastic. You as long as you have a VISA/Master Card with tap and go tech you’re good to start using the public transport system. You can even use your Apple watch to tap on and off. Pretty sweet!
Handy tip: If you’re under 30, the number 1 thing I would recommend is buying a railcard as soon as you get here and pair it to your Oyster card which is the equivalent of a Myki/Oapl (city transport card).
Unfortunately, you need an Oyster card to have the railcard discount apply to your fares (there was talk about linking the railcard to your bank card but not sure how far along that is). The card costs £30 and you can seriously make that back within 2 trips out of the city if you’re using the national rail for a big trip. The card typically saves you 1/3 of the fair for both buses and trains during non-peak times and you’d be hard-pressed to find anyone who wouldn’t save money buying this card.
It’s a digital card too which is cool. You download an app and when you buy national rail tickets, you just select that you own a railcard and you’ll get a discount (you’ll have to show the app if an inspector comes by of course, however, we never got asked to show our railcards).
Buses cost £1.5 per trip (or £1 if you use your railcard during off-peak) and get the job done. They aren’t as quick as the tube usually, but unless you’re in a rush, the buses are great and it can save you a lot of £££ during your stay.
We had memberships at PureGym and TheGym which are budget gyms (around £19.99/m) and had everything we needed. You can keep fit just by running and doing bodyweight exercises tbh. I’ve just always prioritised a gym and those two above were the best value for money that I could find.
Tips and Tricks
Sky scanner is pretty much the go-to website for searching and comparing flights. However, I would recommend to book directly with the airlines especially with so many cancellations due to covid and the third party websites can be a nightmare to get refunds from.
The Euro-star was a fabulous option for us to travel directly to Paris and Brussels. It can be quite expensive but if you book in advance you can get some really good deals and avoid the dreaded airport. It leaves from St Pancras International Station which is attached to Kings Cross Station.
Sending Money Back Home
I have sent over $60K AUD back home (to continue investing of course) using a company called Transferwise. They have the best rates for sending money back and the process is really simple. You can get a free £500 transfer by using my affiliate link* which means you won’t have to pay any fees.
I’ve also sent money from Australia to my Monzo bank account too.
* This link is an affiliate link and I may earn some commission from it. Please see my affiliate page for more info.
Finding a job
We only have experience in two areas which I’ll cover below. But there’s just so many different pathways to finding a job in London that it would impossible to cover them all.
I will say that for white-collar workers, LinkedIn is utilized heavily. Make sure that’s up to date and looking good.
By Mrs. FB
Being a teacher is a great job to have when moving to London or any UK city for that matter. I am a Primary school teacher and was able to take care of a lot of the admin side of things before I left Australia. I chose to sign up with anzuk Education as I had a friend who had used them as her agency. They took care of a lot of the paperwork before my arrival and organised my DBS and International Police Check which you will need to work in schools. They will give you copies of these at your registration appointment. I found them to be organised and professional.
When we arrived in London I went to my registration appointment at the agency and spoke to them about what type of work I was looking for and they asked if I wanted to use an Umbrella company or PAYE. I chose PAYE because I was only using one agency and this would be a higher day rate in the end as the umbrella company take a chunk for their fees. I started with day to day supply work so I could become more familiar with the school system. This was okay but requires you to be flexible and move around to a lot of different schools which I didn’t always love especially when you get a tough class! I also felt quite overwhelmed trying to find different schools especially being new to London and using the tube and overground for the first time. I ended up only saying yes to work that had a reasonable commute time as some days it would take an hour to travel to the school.
I started at £135 a day (PAYE) and just accepted that rate initially. This was probably my biggest regret as I should have negotiated my pay from the get-go and would encourage you to do so. At the time I had 5 years teaching experience and my friend who was working with the same agency and only had 1-year experience started at the same rate. I learnt pretty quickly that all agencies are the same in that respect and will try to pay you as little as they can get away with unless you challenge them.
After a month of supply work, I ended up taking a long term contract for the summer term teaching a Grade 3 class at a Catholic school in Vauxhall. I was lucky that the class were lovely and I got along really well with some of the teachers at the school. We would go for Friday night drinks at the pub to debrief about the week. I preferred working at the same school each day and being able to make better connections with the staff and students but with this comes more responsibility and planning. I made sure to ask for a higher day rate from the agency and was earning £160 (PAYE). After the summer break, I was called by the agency to once again work at this school and cover a Year 4 class which I was very excited about, especially not having to find another school. I taught there until the pandemic hit and was then able to go on furlough pay through the agency which I was super grateful for.
Overall, my experience of teaching in London was really positive. My top tips would be:
- Negotiate your pay: don’t be too scared to ask for a higher rate. I am a people pleaser and it was very difficult for me to do this but with a little pep talk from Mr FB I was a pro in no time 😉. You will hear the same spiel from the agency each time about them only taking a small cut for their fees etc (don’t believe them lol). You can even speak to other agencies to get an idea of how much they offer as a day rate and use this as leverage.
- It’s okay to be picky: If you didn’t like the school or the class you were teaching for the day and the agency want you to continue working there, say no. I did a number of trial lessons/days at different schools before I accepted my long term position.
- Find a contact at the school: If you like a particular school, make sure to talk to the deputy headteacher or whoever is in charge of finding supply teachers at the school. Tell them you had a great day and would love to come back, that way they can request you again through the agency.
Hope this was helpful 🙂
Contracting (in tech)
Okie Dokie, this part below is probably what I would have liked to have known the most when I got to London at the start of 2019.
A lot of people are attracted to contracting predominately due to the below three reasons
- Contractors charge more than their PAYG counterparts
- Contractors pay a lot less tax
- Contractors can deduct a lot of expenses
I had always heard how lucrative contracts were in Australia and you could reasonably expect to double your hourly wage in sacrifice of job security, Super, holiday pay, sick leave etc. etc.
This suited me down to a tee! We didn’t come to London to build a career or to try and save money, we wanted a job that would allow us to make enough money to live and travel basically.
And after 8 years in the public sector, I wanted to see if I had the chops to handle the private industry in one of the most competitive job markets in the world.
To say I was unsure is putting it lightly… and I’ve always been a confident/optimistic type of guy but quitting your job and moving to the other side of the world can strike fear into even the most bullish of people.
The below guide is everything you’ll need to know to land a high paying contract gig in London and something that would have saved me a lot of headaches and wasted time. It won’t cover all the administration tasks for running a company (too much to cover) but I’ll link to some great resources that go over everything in detail.
Limited, Umbrella or PAYE?
The structure in which you contract in is probably the first piece of this puzzle you need to figure out.
Almost all contractors I met in London were operating under a Limited company structure due to the major tax advantages. But that doesn’t mean it’s the best option for everybody so it’s good to know what the options are.
I know it can be a bit boring but you really need to know about a piece of legislation called IR35 because it has major implications for contractors and is more often than not, the deciding factor for what structure you choose.
In a nutshell, IR35 was introduced to stop contractors working as ‘disguised employees’ whilst receiving all the tax benefits on being a contractor. The lack of job security and employee benefits are the reason why contractors have tax advantages in the first place. Therefore if you’re working as a ‘disguised employee’, HMRC (UK’s ATO) will argue the point that you’re not accepting the increased risks and you will not be entitled to the tax advantages.
You can read up on their definition of a ‘disguised employee’ but I think we all known who they’re talking about. You know the guys that work a job for years and then decide to start a company and contract back to their employer at double the rate without skipping a beat. I’ve meant a few people who have done that within government over the years and it’s a smart thing to do really. The UK government see this as a tax loophole and I can understand why they want to plug it.
The definition of what is considered outside of IR35 (you’re not a ‘disguised employee’) vs what’s inside IR35 (you’re a ‘disguised employee’ and will not receive any tax benefit) is a grey area and will be assessed case by case if you ever get audited. Usually, the contracts are advertised as either inside or outside IR35 online which helps.
Generally, if the gig falls outside of IR35 and you’re going to be making > £30K then you’ll most likely be better off using a Limited Company (otherwise an Umbrella Company is the way to go).
Ther’s a lot more administration overheads Limited Companies though so be aware that you’ll have to do a lot more work. Raising invoices (and following them up 🙄), paying for insurances, registering your company and submitting a separate tax return etc.
The UK’s government website is a fantastic resource with a lot of really great written articles. If you’re convinced that setting up your own company is the right move, I’d strongly recommend this starting guide.
The major advantage here is everything is done for you. You save yourselves a lot of time and stress by going through an Umbrella as the contract is actually held by the umbrella company and the employer. You don’t get paid by the employer, they pay your umbrella company and then the umbrella company pays you.
The IR35 ruling is less important here because as far as I’m aware if you’re going through an umbrella, you’re going to be paying the full amount of national insurance (NI) tax so it’s pretty much irrelevant. This does open your options up a lot more though as almost all public sector contracts fall within IR35.
The main reason a lot of people start contracting in the first place is to make as much money as possible. It’s for this reason that most choose to go through a Limited Company vs Umbrella.
It’s possible to become PAYE through an agencies payroll (if they offer it).
This option is the most inefficient (in terms of tax minimisation) of the three because you will have to pay full tax and NI contributions on all your earns and you won’t be able to claim valid business expenses.
There’s a lot of different ways to skin a cat but I’ll cover what worked for me.
I used a website called Job Serve to find contracts but there are soooooooooo many places to find jobs it can be overwhelming. I wouldn’t recommend signing up to a whole bunch of alerts on various sites because the same job gets advertised across many platforms and your inbox will become unmanageable really quick.
There are a few niche websites that you need to pay to see ‘private listings’ but I never used them so I can’t comment.
I’m not sure if Melbourne or Sydney are the same but be prepared to deal with recruitment companies in London. It’s almost unheard of that a company will advertise a contract directly. 99% of the time it will go through a recruitment company and I have no idea why. The amount of people that are in recruitment in London is insane. Really high turn over rate too but I have heard you can make bank if you hustle hard without any quals or experience so it’s appealing to a lot of young people. It can be really frustrating dealing with a middle man that doesn’t know the requirements half the time and they never call you back to say if you didn’t get the gig 🙄. If you don’t hear from them within a week, it’s safe to assume that you weren’t shortlisted.
Here’s how the game is played:
- A company decides they need a contractor for X amount of time and are willing to pay £Y per day
- More often than not, a specific skill is required in a project that the company either doesn’t have in-house, or they need more of ASAP. It’s partly because of this urgency that contractors are paid as much as they are
- The job description with requirements and nice to haves are prepared (half the time by just copying a template or another listing). Handy tip: don’t be discouraged by how much experience and skills are in these job descriptions. They are so over the top and don’t reflect what you’ll be doing 90% of the time. I once came across a listing that said you needed 3 years experience in a technology called Dataflows which would have been fine… except Dataflows was invented in 2018 😂
- The new contract hits the recruitment market like a fresh shipment of crack to LA in the ’80s. An ungodly amount of recruitment agencies all rush out to and try to find a suitable candidate as they take a cut from your daily rate for however long the contract goes for. They will usually advertise the day rate with their cut already factored in (but always ask!). So if you see a contract for £450/d, the company that needs a contractor is probably actually paying something like £650/d but £200 of that goes to the recruitment company
- If it’s at a good rate within the city, the candidates are usually shortlisted within a few hours (that’s been my experience anyway). Handy tip: When I was ready to land a new contract I would basically refresh the Job Serve page (with my keywords) every 15 minutes. As soon as a contract pops up that you’re interested in, call the recruiter to touch base with them which will do three things:
1. It shows that you’re really interested in this contract. Recruiters want candidates to be able to go to interviews that same day sometimes (happen to me once). Make sure you get their actual email address so you can send your resume to them directly
2. You have a chance to ask a bit more about the contract that may not have been in the listing. You can confirm that it’s outside of IR35, open to someone on a tier 5 visa, located within London etc. Sometimes you can get a bit more out of them in terms of what the project is about and this will help you decide on whether you do in fact have the skills to perform what’s required.
3. You will prioritise your resume over others and the recruiter will actively look out for yours in their inbox if the phone call has been successful
- If you’re still keen to get the gig, tweak your resume to make sure you cover all the key requirements (don’t stress if you’re not proficient in everything, just say you have some skills and back yourself to learn on the fly if needed. The goal here is to make it to the interview) and update your LinkedIn page to make sure it matches (yes, some people do check to make sure it matches your resume). This was one of my resume’s I used when I was applying for contracts last year.
- If everything has gone right, you should be getting a call from a recruiter pretty soon (within a week) to set up your interview. Go in with confidence and crush it to secure the contract 👊
- Once you win the gig, you’ll be sent a formal contract that lists a whole bunch of crap but you’re probably only really interested in making sure that the day rate is what was agreed upon and the details for your first day.
- Rock up on the first day and go from there… your boss for the engagement will tell you who you need to send the invoice to and how accounts payable works etc. etc.
And there you have it, you’re officially a contractor in the big city 😊
The above is my experience but it may be different for you. I’d love to hear from an actual London recruiter in the comment section and get their take on the whole situation.
The two biggest mistakes I made when I was first looking for contracts were:
- Applying for contracts that were over a week old. Recruiters will always tell you that the contract hasn’t been filled yet but what they’re really doing is just hedging their bets if something happens to their current candidate. There’s no harm in applying for old contracts but all three of my gigs in London came from freshies and after speaking to a few recruiters at the pub, it’s really a game of first in best dressed with this type of work. I mean think about it, if the company really wanted to take the time and invest in finding the right person, they would probably just create a permanent position. Contractors are hired guns!
- Not jazzing up my LinkedIn for the first two weeks 😅. I cannot stress this enough, LinkedIn is really, really important in London for some reason. I did have a LinkedIn profile before I came to London but I hadn’t updated it in years. A big reason my phone was dead quiet during the first few weeks was because of how bad my LinkedIn profile was. No previous experience, no updated profile pic, no quals or skills.
I used a company called SJD as my accountant for both my personal and companies tax returns. If I could do it again, I’d just create an account with Free Agent and pay to use that product. It’s the cheaper option but it’s also the easier one IMO. My accountant didn’t do a whole lot TBH and it sort of annoyed my every time I saw the £110 go out of my business account each month. Their software was crap too. I would hire an accountant to help with the closure of the company and that’s about it.
It doesn’t take much to learn the ins and outs of using HMRC website and the Free Agent software really covers everything you need to run a small Limited Company used for contracting. The hardest part of contracting is raising invoices and chasing them for payment. But if you work for a good company that pays on time, it’s super easy.
You’ll also need to pay for public liability and indemnity insurance to cover your ass in case something goes horribly wrong. This usually costs < £1,000 depending on how much coverage you get.
What many contractors do is pay themselves a small salary and then pay the rest of the money they made through dividends which have a much lower tax rate. This does depend on a number of things, IR35 being on the most important ones.
The best resource I can recommend hands down has to be Contractor UK. It’s predominately a forum board but it also has some really well-written articles that cover everything you’ll need to know about contracting in the UK.
It covers the entire UK but the community seems to be heavily London based and leans towards Tech jobs. I asked many questions on that forum and it helped me out a lot.
Tax/Investing whilst overseas
I’ve had a tonne of questions over the last two years about these two topics.
They usually go something like…
“AFB, how do you invest back in Australia when you’re in London” & “How does it affect your tax return”?
This is such a hard area to get good solid info on because of how different the rules can be for different circumstances.
Take our situation for example. We have been able to continually invest without much hassle whilst being overseas because all of our wealth is held in a discretionary trust fund with a corporate trustee. What I did before we left Australia was cease control of the company that was the corporate trustee of the trust and have my mum step in to run it while we were away. That meant that she had 100% control of our assets and technically could have gone on a YOLO trip of her own (plz no mum). The advantages of being able to distribute income from the trust to other people worked perfectly for our situation even though I had no intention of utilising the trust this way when I first set it up. When we return in a few weeks, I will retake ownership of the company and be back in control.
In hindsight, would I set up a trust just to make it easier if/when I moved overseas? No, I wouldn’t. Investing through a trust overcomplicates things and you can FIRE without one.
There are different strategies for utilising retirement accounts in the UK but it’s just so circumstantial with too much to cover. I never went on a deep dive into these strategies either because I was a contractor. Mrs. FB opted out of her pension scheme so she receives more £££ but paid more tax. This works for us because Super isn’t a part of our financial independence strategy.
International tax law is an insanely complicated and circumstantial topic and I’ve got no hope in hell trying to explain 1% of it in a blog post. So what I’ve done is invite Evan Beissel, a Tax Partner at Mazars to create a guest post (below) that will cover the basics.
Please let me know in the comment section below what specific questions you want answered. I’m going to get Evan on the podcast in 2021 to flesh out other topics we no doubt missed in this brief overview.
*FYI this isn’t a paid guest post. Evan reads the blog and offered his services and expertise for this article for free and AFB gets no kickbacks. I’m sure Mazars will get some traffic but the content below is of mutual benefit to both the AFB audience and Mazars.
Moving overseas and Tax, A short guide for Firebug’s
By Evan Beissel, Tax Partner, Mazars
Whilst tax law is an immensely complex topic, many of us can get away with only interacting with a small number of rules that are relatively easy to understand. For example, most working Australians
would know that when they prepare their tax return that their salary is included in their income and that certain work-related expenses and charitable donations may be deducted from their income to
calculate their taxable income.
However, one way that you can make your tax affairs substantially more complex is to move
overseas. Not only do you need to now understand the tax rules of another country where you are
living and earning income, but you may also still be subject Australian tax to some extent. You have
now entered the mysterious and wonderful world of international tax.
Whilst there is no one-size-fits-all playbook to these tax rules, there are some key concepts and topics that are common to many, which I will try and explore here and hopefully leave you with a bit more knowledge than you started with.
Tax residency 101
Tax residency is a huge topic and too big a topic to cover in detail here, but it is well worth covering
Firstly, tax residency is a concept that exists separate from residency for immigration purposes. For
simplicity, for the rest of this article, I will simply refer to residents and non-residents as meaning in
relation to tax residency. Most developed countries (Australia included) tax their residents on
worldwide income whilst non-residents are generally only taxed on income sourced in that country.
Source is another topic that can get quite complicated, but as a simple example, salary
income from working in an overseas country would generally be sourced in that country, and
investment income such as dividends received from a foreign company is generally sourced where the company is based.
Another key issue to understand is that tax residency is not exclusive, and every country has different rules. So you can, for example, remain a tax resident of Australia whilst living in the UK, but also be a tax resident of the UK. In this case, double taxation agreements become critical – these are agreements between two countries on which country has priority of taxing rights in various
circumstances. Not all countries have a DTA with Australia, however, these are in place for most
developed countries including the UK.
In Australia, there are a number of residency tests that can cause you to be a resident for tax
purposes. The most relevant of these is the ‘ordinary resides test’ and the ‘domicile test’.
Under the ordinary resides test, you are a resident of Australia if you ordinarily reside in Australia.
Generally, this is not difficult to establish –for example, if you are living permanently in Australian do
not have a home in any other country. However, it can get difficult to establish where someone
ordinarily resides if they spend time in multiple countries and have multiple residences where they
regularly reside. There is a body of legal precedent to assist in these greyer areas, but for most
people, this is not an issue and it doesn’t warrant further discussion here. Suffice to say, if you move
overseas for an extended period and don’t retain a home in Australia usually you would be considered to no longer ordinarily reside in Australia.
The domicile test relies on the legal concept of domicile which in broad terms refers to a person’s
legal ‘home country’. Without going down a rabbit hole on domicile rules, as a starting point if you and your parents live permanently in Australia then it is likely you have an Australian domicile. However, if you or your parents immigrated to Australia, then it is possible you may not have an Australian domicile. This distinction is critical as someone with an Australian domicile is much more likely to remain an Australian resident when they move overseas.
Under the domicile test, someone who has Australian domicile is a resident of Australia unless they have established a permanent place of abode outside Australia. A permanent place of abode refers to a locality rather than a dwelling (e.g. you might establish London as your permanent place of abode, rather than a particular house or flat that you live in whilst you are residing there). Permanent does not mean indefinite but does require an intention to reside on a ‘permanent’ basis. There is no minimum time period that is considered to indicate permanency and this is an area of residency rules that can be quite difficult to establish with certainty.
Whilst the ATO have sometimes used a two year period as a rule-of-thumb, this is not based in legal precedent. Ultimately, whether you have established a permanent place of abode outside Australia will depend on the specifics of your own circumstances.
Tax issues for Aussies moving to London
So you’ve decided you want to move to London for a couple of years. What does this mean tax-wise?
Firstly, tax residence becomes important here:
- Depending on your individual circumstances you may or may not cease to be an Australian
tax resident. If you do remain an Australian tax resident, you would be liable for tax in
Australia on income earnt in the UK
- If you are living in the UK for an extended period you are likely to become a UK tax resident
during your stay, and so will also be taxed in the UK.
To illustrate, let’s consider a couple of examples. For both examples, let’s assume you have the following income sources whilst living in the UK:
- Salary income from a job in the UK
- Rental income from an Australian property
- Dividend income from Australian shares
- Retaining Australian residency
In this case, it is likely you would also be treated as a UK tax resident whilst living there so you would be a dual resident for tax purposes. In broad terms, both countries will therefore tax all your worldwide income (note this is a simplistic summary but should be the case for most ordinary salary-earners with modest investment income). However, the country where the income arises (i.e. where it is sourced) would have priority of taxing rights, and the other country should provide a credit for tax paid in the other country subject to rules in each country which may limit the tax credit allowed. The tax paid on each type of income is summarised below.
Australia UK First taxing rights Australian rental income Australian dividend income UK salary Second taxing rights (with credit for tax paid in first country) UK salary Australian rental income
Australian dividend income
- Ceasing Australian residency
If you cease to be an Australian resident when you move overseas, then Australia would only tax income sourced in Australia whilst overseas. However, for a non-resident of Australia, the mechanism for paying tax changes for certain types of income. Dividends, interest, and royalties (usually payments for use of intangible property) are no longer included in taxable income and taxed at marginal rates but are instead subject to withholding tax at a flat rate (subject to reduced rates under some DTAs).The common rates for interest and dividends are shown in the table below:
Income type Withholding rate Interest 10% Dividends (unfranked) 30% (default rate) / 15% (treaty rate) Dividends (franked) 0%
In the UK, as a UK resident, you would be taxed on your worldwide income with credits for Australian tax paid on your Australian income.
Investing whilst living overseas
So, can you continue to invest whilst living overseas? The short answer is a definite yes, but the tax
can certainly get more complicated than simply investing as an Australian resident. This applies both if you invest in Australia, of if you invest overseas.
One important example is franked dividends. Our franking credit system is almost unique to Australia and does not operate well across borders. From an Australian perspective, both resident and non-resident investors receive favourable tax treatment of dividends that have been ‘franked’ with credits generated from tax paid by the company. Australian residents receive this benefit in the form of a tax credit that reduces the tax they pay (and may even be refunded if their marginal rate is less than the company rate), whilst non-residents do not pay withholding tax on franked dividends. However, foreign tax rules (including the UK) generally do not recognise franking credits and therefore the dividends are taxed without regard to the franking credit, this can produce a high effective rate of tax on the underlying company profits that have been paid out to shareholders.
Investing in overseas shares may not produce a much better outcome – dividends paid by these
companies would also be subject to tax without credit for company tax paid. Further, once you return to Australia, you do not have access to the franking credits you would have had if you had purchased Australian shares. The one possible advantage here is that foreign companies on average may pay less of their profits in dividends and therefore reduce the component of dividends in their long-term returns.
Ultimately, in many cases, it is necessary to accept some increase in tax paid on dividends whilst
Capital gains is another area where moving overseas can add significant complexity to your tax
If you retain Australian residency whilst living overseas, then all your worldwide assets remain subject to Australian CGT under the same rules as if you remained in Australia. However, you may also be subject to capital gains taxes in the country you are living in.
Foreign residents are generally only subject to Australian CGT on Australian real property and certain similar assets. However, if you cease to be an Australian resident, you are faced with a choice for your non-Australian real property assets. You can choose to either:
- Have a deemed disposal of all these assets for their market value, such that any capital gains
or losses would be realised for Australian tax purposes; or
- Elect to keep these assets as subject to Australia CGT until they are sold.
The best choice will depend on your particular assets and circumstances. However, if you choose the second option, that you will lose the 50% CGT discount in proportion to the number of days you are a non-resident of Australia. This reduction in the CGT discount also applies to real property that
remains subject to Australian CGT.
Any of these assets you hold when your resume Australian residency in the future (except assets that have remained subject to Australian CGT such as Australian real property and assets elected as described above) are deemed to be acquired for their market value at that time. This becomes the cost base that is used to calculate a capital gain or loss when you sell these assets.
If you sell assets that are subject to CGT in both a foreign country and in Australia, you should be
able to claim a tax credit in Australia for the foreign tax paid. However, to the extent you can claim the 50% CGT discount in Australia, you may only get a 50% credit for tax paid overseas which can result in a higher overall tax rate than if you were only subject to CGT in either country. Also, when you cease to be a resident of the country where you have been living you may have a deemed disposal under the local tax rules. In this case, you would usually not get any credit in Australia, as you do not realise a capital gain in Australia at that time.
At this point, you will hopefully have gained some understanding, whilst also understanding that this is a complex topic that can’t be addressed in full in one blog post. Unless your circumstances are very straightforward, I would strongly recommend obtaining professional advice that is specific to your own circumstances.
This publication is intended to provide a general summary and should not be relied upon as a substitute for personal advice.
London… what a city!
It’s almost a right of passage these days for young Aussies to make the pilgrimage across the Indian ocean and explore all the wonders of Europe. Now given you’re reading a FIRE blog, it may not come as a shock to you that there was a brief moment before we embarked on our YOLO trip two years ago where I considered not going because of the financial consequences. Nothing is truly free and this trip of a lifetime was not an exception. Quitting my job to travel the globe meant that we would have to delay our freedom, hopefully in exchange for some lifetime memories. And with the power of hindsight, I can honestly say that…
This trip has been one of the best things I’ve ever done in my life!
Do I still want financial freedom and only do meaningful work (FIRE)?
(Stone Cold voice) OH HELL YEAH!
But holy mackerel, I’m telling ya guys, the levels I’ve climbed on the life experience ladder over the past 24 months has just about eclipsed the previous 10 years.
And it’s not just about the travel. The work-related opportunities in London were one of the biggest surprises I had and it was almost better than the sightseeing. It’s so different from where I’m from and the city is just brimming with an entrepreneur spirit and outside the box mentality. Contracting can be tough but there’s nothing better than being apart of a really bright and diverse team and working together to build a solution.
London has not only broadened my horizons but the experiences I’ve had whilst being there has altered what I want to do once I reach financial independence (but that’s for another article). It’s an incredible city that will always be our second home.
Wrapping up now I’ll leave you with this…
I wish I did this trip earlier in life and really want to send a message of caution to any aspiring young Firebug’s reading this. Getting your shit together financially is really important and reaching financial independence is the ultimate money destination. But do not let an obsession with reaching this goal rob you of something you can never, ever get back… exploring this big beautiful planet when you’re young and growing. There’s a world of difference between travelling in your 20’s vs coming to see Europe later in life at 50…
Spark that 🔥
I was 25 when I came to the UK by myself and arrived in Cardiff, Wales.
This was in September 2016 and came on a Working Holiday Visa. During that time, I meant Tom, my now husband so I’m in the UK for the long run. Living overseas has been a game changer in so many ways!
I didn’t think of looking at online bank accounts when I arrived back in September 2016, setting up a bank account was very challenging and frustrating, it took me two months! Finding a place to live and getting work was relatively easy! I used Spareroom and a Hotel for places to live before moving in with Tom.
I temp work and have been since arriving, I have an administrative background and go through various Recruitment agencies.
Things like getting an NI and NHS numbers were relatively simple.
With regards to tax, I obviously pay tax in the UK, I don’t pay tax back home as I don’t earn income, I get a small amount of interest from savings and dividends yet under the income threshold. I consider myself a UK tax payer only. The ATO website is a little confusing and I look forward to your podcast with the above person for more clarification.
It saddens me to say this but we didn’t actually make it to Wales during our time in the UK 🙁
We were going to hit up Wales and Ireland in 2020 before the Rona hit…
Can’t believe we missed it given how close it is and all the good things I heard 😞.
International tax is extremely confusing!
I remember you saying in previous emails and private emails about visiting Wales as I had contacted you about a meet up for people like myself who enjoy your content.
Ireland is great!
Well, it seems like you have had a decent time overall. Enjoy the extra time in the UK if you can’t fly back around the time your Visa expires.
I’m in the process of renewing my Spouse Visa,the joys of paperwork! I have kept all documents from last application so it makes it much easier to complete the renewal version.
Enjoy the rest of your week😎😀☺️
Yes I remember those emails!
It kills me that we didn’t make it to Wales and Ireland.
Oh man, the visa paperwork is tough! At least you’re not starting from scratch though.
We’re currently stuck in hotel quarantine but I am trying to relax and enjoy it as much as possible 🙂
Thanks. Hopefully you get to visit in the coming years.
Yes, at at least your back in Australia now and enjoying the time in the best way possible (it would have it’s challenges yet as you probably know, it makes you realise how simple life can be and what you actually need to enjoy things.
You may have felt this while in the UK, I can say yes to me in Wales! I like a simple and enjoyable life and building up my own version of what I consider money comfortable. I’m also a zerowaster, vegetarian / vegan who also supports organic and Fairtrade as well so I consider myself a ethical and sustainable values – a lot of these actions happened since living in Wales, sometime in 2017 in memory yet I have been in Wales since September 2016.
*I do the above to the best of my ability.
Thanks AFB for sharing, we just got back from working in the UK and it was the best and also one of the hardest experiences we’ve had. I agree it was incredibly expensive and has set us back in our FIRE goal but I’m so grateful that we were able to do it while we were still young. Did you have trouble or are having trouble getting back home to Oz?
Happy new year to you and yours!
Nice one. You should have hit me up for a beer if you were in London mate 🍻
There were some issues getting back (currently writing the latest NW update which will cover them) but we did manage to return home and I’m actually writing this while in Quareintie in Adelaide ✌
Happy NY to you too bud
Where in the UK did you go? I arrived in Wales back in September 2016 and since 2018 have been on a Spouse Visa.
Great post mate, and having moved to London in 2003 i can confirm that trying to setup a UK bank account could be an absolutely ridiculous experience. We got told to go to a specific branch of one of the major banks and had no major hassles, a mate of ours went somewhere else though and it all got way too hard. Lots of other friends had similar issues.
And I’m 100% with you on making the most of being young and spending some time in London or a bunch of other places overseas. You won’t have had time to get used to living it large and are just fine with sharehouses and the like, you’re probably at your healthiest and can do a lot more walking/cycling around, you’re happier trading off a few hours sleep for a much cheaper airfare to get somewhere etc. Yeah you can still do it when you’re older, but it’s all going to be a lot harder and you probably won’t get as much out of it as you would have when you were younger.
Also given that what a lot of us want to do when we hit FIRE is travel more, why not do a lot more when you’re younger and still working! We might be a bit closer to retiring than we currently are if we’d travelled less when we lived in London and Hong Kong, but man there is no way I would change what we did. Money and FIRE ain’t everything, it’s just a means to an end. Make the most of your youth!
I think the whole lifestyle inflation thing is also inevitable tbh. I know a lot of FIRE people think they won’t want/need other comforts as they age but I honestly think that’s very unrealistic. Travelling when you’re young is just easier because of all the things you’ve mentioned above and not knowing what some luxuries and comforts feel like plays a big part.
Just a note on mobile plans. You can definitely get similar plans in Australia. Just recently signed up for a 12 month plan with unlimited calls/texts and 120GB of data for $100. It was a Black Friday deal but it’s usually available for $150.
Unfortunately, unless that is 120GB per month, not comparable. Most people would chew through 10GB a month (looking at it from an annual perspective) in no time. The overseas plans are much more generous with data. Best I could find in Australia is 100GB for $30 per month with Circles Life.
That’s great to hear! I guess I have been away for 2 years… I’ll take a look at some of the deals 🙂
You make some very good observations there. One of the aims of FIRE for many people is so that they can travel more, however, travelling is a mindset as well as an experience. One’s aptitude for travelling in their 20s is very different to that in their 50s (basically you go up a star every 5 to 10 years!). The things you do when you are younger, you generally won’t do when you’re older. So there is somewhat of a counterproductive argument of spending a great deal of effort when you are younger to achieve FIRE (which may include not travelling), only to get to a point later on in life where you have the means to travel but not the mindset. The best form of travel, as you have found out, is to work overseas and be an expat in another country – you really get to travel, learn about other cultures, peoples and places, learn about yourself, and find that amazing “hole in the wall joint” serving the best coffee, kebab, burrito, or nasi lemak etc. So a very apt post and encouragement to others (albeit currently in a covid world, things are a little difficult).
Thank you Victor 🙂
100% agree with everything you’ve written. One of my biggest regrets in life was not taking advantage of my Uni’s exchange program they were offering back in the day. I’m not sure why me and my mates didn’t jump at the opportunity to travel for free basically (there were heaps of spots in the program). I’m going to really encourage my own children to travel during Uni (if they go) or when they’re young.
This post has a bit of an awkward timing due to the Rona but I knew if I didn’t write it before I got back I might have never gotten around to it.
Thanks for the detail on the contracts market! I have been hoping to get some contract experience before I return to Aus, and I will take your advice on trying to respond in the first few hours.
On the travel, in addition to skyscanner, I’d recommend to also check out cheekyweekend.co – a website which specialises in finding cheap flights which exit London on Friday evening / Saturday morning and return on Sunday night. Great way to see lots of places without using any leave (also great for people who live in a sh*tbox apartment)
(The website is currently down due to covid, but will be back later for sure)
Finally, you would have noticed that the GBP/AUD exchange rate recently took a dive. Are you going to delay your transferwise payments, or just tear the bandaid off?
No worries mate.
I only have around £16K in GBP which I’ll transfer out within the next month I think (just have to make sure a few loose ends are tied up). I’m not going to wait for the GBP to bounce back because if you zoom out and look over the last 10 years or so, it’s basically at it’s average anyway. I’d love for it to go up but I think I’ll just transfer it over and move on.
Thanks for another in-depth and interesting post, I really appreciate the content! Are you able to look at posting more regarding how you have everything setup with your trust or point me in the right direction for where to get good FIRE based content for trusts? I know that you are not the biggest fan of using one and in hindsight would have not gone through the process. But I am really interested in how you optimise the structure for tax purposes and efficient use of the corporate trustee etc
No worries. I have a podcast coming up about trusts soon which will cover a lot of info on trusts and FIRE so make sure to keep an eye out 👀
Really interesting to see all the considerations and adjustments that go into moving to the UK. Appreciate you trying to summarise some of the tax issues – definitely sounds like a complicated area.
No worries mate. Yeah it’s just so hard to write about because of how different it can be for people
Do you think doing another overseas working holiday would be on the cards post COVID? I know you said you may be looking at settling down/children, etc but I wonder if that has changed at all.
I now know what you meant on some of your earlier posts about going too far down the rabbit hole and feeling guilty about spending. It is a mindset (frugality) that can be difficult to unlearn and can become unhealthy if you become to obsessed.
Thanks again for sharing your opinions with this blog. Has been very useful in helping to maintain that motivation to reach FI reading/listening to others discuss their thoughts. It still boggles my mind when I discuss it with close friends/family and they have zero interest in the concept.
I’d never rule it out completely but I don’t think we will ever repeat the trip we have just done. We’re definitely settling down this year and kids will hopefully be on the horizon soon. I’m really trying to figure out what’s going to keep me busy this year because we’re at the point where I don’t need to work full time to support our lifestyle and I don’t want to go back to traditional full-time work ever again. I have some ideas in the pipelines which I’ll be sharing in future posts but it’s exciting to think about!
I’m glad this blog has been able to provide some motivation mate. I remember how thankful I was for all the great US-based FIRE blogs back in the day and it warms my heart to think I can give back a bit 🙂
Which platform do you plan to do the transfer with or just bank account to bank account?
Or is the money going to be invested?
The transfer of our £££? We use Transferwise to send money back to an Australian bank account if that’s what you mean.
Ok. I take it you then invest all of what you transferred as you allocate this amount?
When you left the UK, did you close your bank accounts or left them open?
That’s right. We transferred the money and then used that money back in Australia to continue to invest. I still have money accounts open in the UK just in case. I’ll probably close them off once I’ve done the big transfer over and have made sure all loose ends are tied up
Does this mean you went back to Aus? I completely agree with the view that forget all the FIRE and chasing early retirement IF it prevents you from travelling and seeing the world. I was so scared to move over as i hadn’t moved out of home until moving to London (Indian and I was 26 at the time i moved in 2019). I think I did it at the right time and age and it actually helped me get closer to FIRE (i’ve saved/invested more coming here as a contractor including holidays than I did at home where i was sheltered and didn’t want to take any risks). Not to mention UK has ISAs (tax shielded accounts where you can invest 20k pounds per year…i mean that’s one of the most brilliant things i’ve ever witnessed. GBP dividends for life bby. I am super frustrated over covid tho….really ruined 2020 and the travelling aspect. Can’t get that time back
Yep, we’re back in the motherland!
2020 was a big fat L 😭
Hey mate, first time commenter! Love the post.
Bit of a curveball perhaps, I’ve recently moved over to Paris and share a lot of your points about the costs of living and getting set up financially (even harder when English is the second language!).
I guess your experience solely lies in the UK, so maybe you won’t know, but I’m currently struggling to find out how to invest in Australia using my AUD savings there and to increase my growth on investments % (at a low 1.85%).
Commsec have confirmed that I’m unable to trade while living in France. Any tips on what I could do? I could look to invest in Europe (via the likes of IG with CPDs) but seeing as I will eventually settle in Australia I’d prefer to get a portfolio going there. Do you know of any platforms/options that’ll allow me to do so from over here? Would options like Raiz or Spaceship work?
At the moment I’m only relying on interest on savings accounts in Australia and France, it’s not enough to have FIRE any earlier than normal.
I’m glad you enjoyed the article dude 🙂
Ahhh this is a common issue and a hard one at that. As I explained in this article, we were in the unique position of investing through a trust which meant we could continue to invest whilst being residents of another country. But in your situation, I’m not actually sure what the rules are. What do the brokers say to you? Is it against the law or are they just not cool with overseas people investing in Australia?
Maybe drop this question in the Aussie FIRE discussion group on Facebook and see if anyone has any experience on this.
Hope that helps.
Hi there.. had a quick read of the article even though we are not planning of moving country.. But thought I would tell you to check out Kogan mobile! They are dirt cheap! I am only paying about 150 a year for 100Gb data. Worth moving to Kogan
Nice, I’ll check it out 🙂
Whoa, epic guide. I am going to have to obviously slow down and read through this a few times. The price of stuff in London is blowing my mind! Here I am complaining all the time about how expensive Sydney is, and London just seems to blow it out of the water. It was a good thing you and Ms FB were on a decent wicket over there, eh? I guess that shock is probably warranted, given we are both country boys and not really used to all the hustle and bustle and resource competition. Still, thats city life eh. At the end of it all – are you glad you went over and did it?
Mate, it’s the best thing we’ve ever done in our lives. I’m so happy we decided to go for it. I’ll never forget the experience. What a whirlwind the last two years have been. Glad to be back home now though but London will always be our home away from home!
Wow amazing and in depth write up. Oh don’t know if those contractor rates were accurate, but if they are they are pretty much the same rates as when I was in London in 2003.
Sorry it didn’t work that well for you. I still feel London is one of the greatest cities in the world and I miss it terribly. I hope you do get another shot.
I thought the rates were very, very good. I did notice that the exchange rate was a lot better back in 2003 so maybe that’s got something to do with it.
COVID sort of mucked us around but honestly, we had a ball! London will always be our second home ♥. One of the greatest cities in the world no doubt about it!
Moving to London for a few years has been a dream of mine for a long time. It looks like it’s definitely more expensive than I thought, but I feel like the experience will definitely be worth it. This is such a good resource!
It’s the best thing we’ve ever done WD. You’ll love it!
Being self-employed can be a fulfilling and a successful experience. Still, challenges come with this lifestyle, such as difficulty making decisions or dealing with inflexible schedules. There’s no perfect solution for this.
A lot of people struggle with the finance side of self-employment especially with tax. At Naseems, we help make your finances less complicated and help make sure you don’t miss out on schemes that give you a tax advantage.
I moved to London in 1998 and 24 years later I’m still here! I loved reading your guide – it bought back some great memories of when I first came over, although I was north of the river in Willesden / Kilburn rather than south of the river.
Interesting to see the challenges are still mostly the same, although you seem to have had a better time finding accommodation than we did – you wouldn’t believe some of the dives I lived in, all in the name of saving to go travelling!
I hope you settled back home OK and made it through those ferocious never ending lock-ups you guys suffered through.