While it was already confirmed that the “Pirates of the Caribbean 5” is going to appear in cinemas in July 2017, there have been recent rumors about the production process. The movie's production crew was reported to set off for the sunny shores of Australia, apparently searching for their next film location.

The Daily Mail was tipped that the filming of the fifth installment of the franchise will begin next year on Australia's Gold Coast, in Queensland. The production team has had their eyes on the Village Roadshow Studios on the Gold Coast, as well as other locations in South East Queensland along with Southport Seaway and Cleveland Point.

The local film industry is now filled with the thought that the giant franchise could be coming to their shores to film the movie. This would mean a huge influx of money for the Australians, as well as creating hundreds of jobs for the duration of the shooting process.

They were right about their calculations. Considering the fact that the third “Pirates of the Caribbean” movie, “At World's End,” was the most expensive film ever made, nearing three hundred and a half million dollars, it's safe to assume that the studio is not going to scrounge on the fifth one.

However, until the studio signs on the dotted line, nothing is certain, so many in the Australian film industry are holding their breath and their fingers crossed. One insider has revealed that the studio is still in talks with the government, trying to work out a deal that's good for both sides.

With the local industry going through a period of low activity at the moment, many still believe that the new Jack Sparrow movie would be an excellent way to better the local economy, as well as give a very big cash injection.