Beginning your life as an Australian expat feels like you are setting up an entirely new life; from buying a home to furnishing your house, everything you had set up in Australia needs establishing in your new home overseas. Banking is one of those components …
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 …
How can expats transfer money overseas cheaply?
Expat life has many perks, but transferring money between countries isn’t always one of them. One way or another, you’ll get whacked with fees. Some options are cheaper than others, however, so it’s worth knowing about these. Banks The first piece of advice most expats …
Cryptocurrency tax issues and tax planning strategies
By now, you’ve probably heard of cryptocurrencies such as the world famous bitcoin. After the sky-rocketing success of this platform, competitors like Litecoin, Ripple and Tron are quickly growing in popularity and widespread use. With the rise of cryptocurrency being used by the wider population …
The ties that bind – paying child support when you’re an expat
One of the attractions of going overseas is the lure of the clean slate, so that you land in a new country with a different future and the opportunity to reinvent yourself. This sort of attraction is no doubt all the more acute when an …
What expats need to consider before buying a business overseas
While buying a business overseas can have a multitude of benefits for expats wanting a change of lifestyle and more opportunities, it’s important to do the ground work before jumping in head on. To help ensure you cover all your bases before investing in a …
Sending money back to Australia – the best rates and services
So you’ve earned yourself a wad of cash overseas and you’re thinking about sending money back to Australia. Whether it’s a substantial amount or not, you want to ensure that it can be safely transferred back to Australia with as little bother as possible. Lucky …
Tips for sending money home to Australia
When you are living and working overseas as an Australian expat, there are many circumstances under which you may want to send money home to Australia. Here are a few things you should keep in mind. Make sure your money is secure This is by …
Banking Tips For Aussie Expats
As a new expat, there are plenty of things to think about. You’ll need the right visa or permit, a job, somewhere to live, family arrangements to make, insurance and health care to think about, culture shock, mobile phones, the logistics of the move itself, …
4 financial considerations of returning home
Of course, not all Australian expats return home, but many see their overseas forays as an extended adventure and eventually want to enjoy our excellent lifestyle again. So as an Aussie, you can definitely come home. But while slipping back into the Australian lifestyle might …