Although English is the language of business, the ability to speak like locals in their local language helps in settling down fast. It can be frustrating when you are not able to ask for directions or order a simple meal when English isn’t widely spoken. …
Preparing for your first expat move overseas
So you’re about to undertake your first expat move overseas? An overseas posting is a major turning point in your career. It demonstrates an acknowledgement of your skills and abilities to deliver the desired outcomes in what is an increasingly competitive global employment environment. If …
Tax Issues – Moving to Australia from the US?
Latest Update: 5th December 2019 – Unfortunately today the Federal Government passed the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 into law without amendment, resulting in the scrapping of the main residence exemption for non-resident Australian expats. To read more about …
Expats Moving Overseas – Top 5 Tips
So, you’ve packed your bags and you’re ready for the adventure of a lifetime? Awesome! But with regulations constantly changing for Aussie expats, it’s hard to know where to begin. Whether you’re moving abroad for adventure, work or retirement, here are top five tips for …
Retirement planning for Australian expats
A major motivation for accepting overseas postings is a 28% rise in income. (Source: HSBC Expat Explorer Survey 2019) What is equally interesting is more than half of the expats surveyed are focused on saving for retirement. It is probably a wise move given the …
Aussies are racing to file their tax returns – but should expats hold off?
It’s tax season and the rush is most definitely on to get tax returns done and dusted. There are reports that at least 650,0000 people down under have already sent their tax returns into the ATO, a spike in numbers we don’t usually see this …
The 6 year temporary absence rule – what’s happened?
Latest Update: 5th December 2019 – Unfortunately today the Federal Government passed the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 into law without amendment, resulting in the scrapping of the main residence exemption for non-resident Australian expats. To read more about …
Queensland’s new absentee land tax rules set to favour Aussie expats
In Australia, absentee landowners are taxed with similar rates as trustees and companies. Unlike individual resident owners, they pay a higher rate of taxation and a lower starting threshold. The good news is that the absentee land tax rules are about to change in favour …
Coalition wins the election – what this means for Australian expats?
Just about every media pundit in Australia expected Labor to romp into power last month after two terms in opposition but instead, the Coalition wins the election. The Liberals had changed leaders three times in recent years with Tony Abbot being deposed by Malcolm Turnbull …
Tax audit insurance for expats – what is it and why do I need it?
Tax audit insurance – being targeted in the gunsight’s of the Australian Taxation Office audit division, can be a costly and time consuming affair. So taking out a tax audit insurance policy for peace of mind, to protect you from the high, unexpected costs of …