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Robin, if I am not wrong, living overseas means selling your house here in AU, and move/relocate to different country. I am moving people all the time worldwide and I was living couple of years in Europe, so familiar with "terms".
Normally you buy unit or a house and live there. You may still have some property here (but usually no pension) which is not your problem, I believe. If you want to live and travel comfortable, beside property one should have at least over million and half on hand. Investment these days is very risky.
Good luck.
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