On a bright Sunday afternoon, I got a call from my friend, Raj. After the initial pleasantries, he broke the news.
“Hey buddy, I got my Australian PR!”.
“Wow, that’s a fantastic news! You must be feeling on top of the world” I said.
“Yeah I was for a moment, but now I am worried. I have a few questions. Can you help me please?” He said.
“Of course, I will. Tell me what you want to know” I replied.
“I heard Australia is a very expensive place. How much money should I bring to Australia? In what form can I bring that money to Australia? Is there any limit on cash that I can bring to Australia? Will that money be taxable in Australia?”