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The dreaming of another country club.

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  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    Don't know really. I would imagine it would be difficult. How much would you make on your house? Would that equity fund your new purchase? Have you got jobs out there to maintain your payments? Would it not be better to sell the house and with the equity (if any) pay off the debts, and start afresh in Cyprus? WHereabouts are you looking at in Cyprus? 20 questions eh!! Lenny
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  • jandk
    jandk Posts: 66 Forumite
    How much would you make on your house?
    About 100k - after moving expenses, probably about 85k realistically

    Would that equity fund your new purchase?
    We would look to rent over there for at least 6 months to make sure we like it!

    Have you got jobs out there to maintain your payments?
    Not at present, but will look if we decide to go for it - DH has a viable business that isn't in Cyprus already and I would look for part time admin work

    Would it not be better to sell the house and with the equity (if any) pay off the debts, and start afresh in Cyprus?
    Would like to, but DH doesn't know of debts and I would continue making payments as at present, with hopefully a raise in payments (I could probably increase my payments in a couple of months from now as I would get extra part time jobs to pay off as much as possible before we go - shelf stacking, chatlines etc)

    WHereabouts are you looking at in Cyprus?
    The east coast - Paralimni area probably.

    J
  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    Ohrighty. I think whilst it is a marvellous idea, moving to a new country will be stressful enough as it is without concealing the debts you have any further. I would go for it but only once you have told OH. You would probably get found out.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • onedayiwill
    onedayiwill Posts: 390 Forumite
    So, it's been a while ... any DOACCers made it to their new country yet?

    As for me ... not yet, but on target to do so. :)
    Pennies make pounds.
    Official DFW Nerd Club - Member no. 358 - Proud To Have Dealt With My Debts!
  • rog2
    rog2 Posts: 11,650 Forumite
    10,000 Posts Combo Breaker
    So, it's been a while ... any DOACCers made it to their new country yet?

    As for me ... not yet, but on target to do so. :)

    Afraid I'm still stuck in this 'God forsaken Country' - still only six numbers away from moving. :rolleyes:
    I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
    If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.

    HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7

    DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    So, it's been a while ... any DOACCers made it to their new country yet?

    As for me ... not yet, but on target to do so. :)



    rich managed it she left for 6 months (if i remember correct ...or maybe 3) but didnt like it so came back home ...i have no doubt she will go again though she is one very determined person ...

    i havnt had the finance to go yet but it is still a plan ...but saying that since the thread started i have been to thailand does that count lol
  • onedayiwill
    onedayiwill Posts: 390 Forumite
    That's cool - I remember Rich announcing it, but obviously didn't notice her return :)

    Thailand can count if you want it to elan :) I've been to Costa Rica twice since this thread was started but sadly only for holidays (wonderful holidays though - good friends, good lifestyle, good food, plenty of fun practising my Spanish). Can't wait to get there for longer!
    Pennies make pounds.
    Official DFW Nerd Club - Member no. 358 - Proud To Have Dealt With My Debts!
  • Softstuff
    Softstuff Posts: 3,086 Forumite
    Part of the Furniture Combo Breaker
    I'm already here, and have been for a year and a half now. I was an honorary member!
    Softstuff- Officially better than 007
  • Numpty_Monkey
    Numpty_Monkey Posts: 14,196 Forumite
    10,000 Posts Combo Breaker
    rog2 wrote: »
    Afraid I'm still stuck in this 'God forsaken Country' - still only six numbers away from moving. :rolleyes:

    Thats sounds like me:o

    wish I could move to Crete:D I haven't been there in 10 years:confused:
    when i'm DF my first holiday is going to be there:T , and i don't care if there is anyone to go with me:j
    PROUD TO BE DEALING WITH MY DEBT NERD #869
    Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
    xx
    DFD 5/1/16
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