How Much Money Should You Budget for a Working Holiday in Australia?

How Much Money Should You Budget for a Working Holiday in Australia?

How much money should you take to Australia? It really depends on the type of visa you are using to visit the continent and if you have chosen a working holiday visa, a pretty wise decision, this article looks at how you can budget for a working holiday in Australia.

What to Budget for a Working Holiday in Australia in 2020

Have Sufficient Funds when Applying for Visa – The First Rule when Making a Budget for a Working Holiday in Australia

The stipulated visa requirement is $ 5,000 and if you can save enough money to meet this amount you will be able to enjoy a very comfortable holiday in Australia. Keep in mind the more you have the better your holiday, whether its $4,500 or $5,000 to the last cent it does not matter, the more, the better the quality of your holiday. You must be prepared to submit bank statements with enough funds when applying for your working holiday visa, so, go ahead and borrow some cash, where possible, deposit it in your account, get that statement printed and then return the cash. https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/work-holiday-417 

Base Your Working Holiday Budget on Your Travel Plans

This is deciding on whether you want to first travel or work to collect enough funds. If you are eager to get your holiday started and want to start exploring first, then taking along enough funds is the rule. But if you plan to work on arrival, keep in mind that work opportunities do not fall into your lap immediately and you must have a buffer budget to tide you over until appropriate work comes along.

There is No Magic Formula for Planning the Perfect Australian Working Holiday Route

You will, of course, receive plenty of advice on where to go first; some may recommend touring Sydney first while others will suggest you hit the East Coast and get that party started. What really matters is your personal tastes, so go with what you want. Whichever method, your funds must support you; there are plenty of hopeful travellers arriving in Australia with less than $ 500, only to be deported. Remember you must prove to the Department of Immigration your ability to support yourself over your holiday in Australia or fail the risk of being sent back.

How to Budget for a Working Holiday in Australia

How much money must you take to Australia? It depends on the type of visa you are applying for; this article looks at how you can budget for a working holiday in AustraliaTo help find jobs, set up your Australian Tax File Number and get set up with a Superannuation management fund, become a While You Were Here member today. Find out more by taking a look at our services.

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