Hi All,
We are a family with two kids (boy 7, girl 5).
We have been living in Australia for the past 15 years, now all are Aussie citizens and our house mortgage is nearly settled ( have an offset account balance nearly equal to the mortgage thanks to wife's saving skills )
Me and partner both work in IT and we had dreams of traveling Europe for quite some time.
Given the density of places/countries in Europe, we are thinking about our options for travel.
. Is it better to leave our current jobs here and go to Europe on a Work visa or enroll in a cheap European master's program if a work permit visa is unsuccessful?
This will allow us to explore Europe in detail (East, South, Western, Central, and north Europe. maybe one area per quarter or so). This option gives us the potential to earn money on weekdays and go sightseeing on weekends.
However, there is a risk of us not finding jobs or finding jobs that pay less than our current salary, plus finding work once we get back to Australia in 2-3 years' time.
on the flip side, we may find good jobs there and may actually settle there if Europe is as fascinating as they say :D. If we look 12-15 years into the future, university education is free for EU residents whereas, in Australia, the uni students are burdened with high HECS debts, and HECS debt is set to rise more in coming years.
Or
. Should we just take about 2 months of leave (My wife already has banked up about 10 weeks long service leaves that can be taken in small blocks and I have about 4 weeks' annual leave balance) and spend money from our savings and get the Europe box ticked (at least parts of it)? If you travel to Europe for 50 days with young kids, how much should you expect to spend? What are the not to miss things?
Or
. Forget about Europe at this stage given the conditions around Ukraine and wait a few more years until Putin or Zolankey dies (it will bring the war to an end). focus on a USA/Canada tour (which is our next dream destination).
This is to be implemented towards the mid or end of 2024 or early 2025 (add +1 year to kids' ages)
I've been a quiet observer of OzB for the past 12-13 years.
Appreciate your ideas.
Update 12/09/2023
Thank you all for all the comments and different opinions. We probably will take the 1-2 month holiday option to start with and then see other options.
Are you eligible for a work visa in Europe (i.e. EU and/or specific countries in Europe)?