Chelsey Nelsona 33-year-old American, He left his life in Seattle to start over in Australia. Despite the high taxes he pays, he claims to have found a quality of life that was unattainable in his native country.
With her own home in Brisbane and a system that supports her economic stability, this young woman explains how the change of continent marked a before and after in her financial future.
From Seattle to Brisbane: How Chelsey Nelson Bought a Million-Dollar Home and Found Stability in Australia
In 2021, Chelsey Nelson made a decision that transformed her life. After meeting her husband in Brazil and going through the distance due to the pandemic, left everything behind to move to Brisbanean Australian city I had not visited before. There, with a partner visa that allowed him to work from day onebegan to build a more promising future.
In a short time, managed to acquire a home worth one million US dollars. Their new home is located 15 minutes from central Brisbane and has three bedrooms and two bathrooms. Despite the high cost, it stands out that in Australia there are no annual property taxes, which makes long-term investment easier. “We paid a stamp tax of $36,000 when we bought the house, but in five years we will make up for what we would have paid in property taxes in the United States,” he explained.
Nelson compares the price of his home to values in Seattle, a city where real estate costs are also high. However, he assures that The change allowed him to access benefits and stability that he could not find in his place of origin.
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Unlike the United States, Australia does not pay annual property taxes.
Benefits and quality of life in Brisbane: the key to success for this American
One of the things that surprised Chelsey the most about moving was the australian tax system. Despite paying up to 45% of his income in taxes, he maintains that in Australia you can clearly see how those funds are used. This contribution allows you to access an efficient health system and accessible public transportation.
For example, in Brisbane train, bus or ferry tickets have a symbolic cost of 50 US cents, a benefit attributed to good management of resources. Additionally, pay a $1,300 annual fee for your health coverage due to his age, but he assures that the service is superior to what he had in his native country.
Another point highlighted by Nelson is the retirement system, known as “superannuation”. This scheme requires employers contribute an additional 11.5% to the worker’s salary in a retirement savings account. Thanks to this mechanism, Chelsey has already accumulated $35,000 in a short time, something that would have been much more complicated in the United States.
Despite the cultural differences and initial challenges, the American says that moving to Australia was one of the best decisions of her life. “Here I have a system that supports my needs and a financial balance that seemed unattainable in the United States,” he concluded.
Source: Ambito

I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.