According to Sydney-based research firm Investment Trends’ 2022 1st Half Online Investing Report, online share traders have increased from 700,000 in 2019 to approximately 1.47m today. Australian Bureau of Statistics migration statistics for 2022 revealed that 224,000 Australians left Australia permanently to migrate overseas in …
The best low-tax countries in Asia
When we think of tax-free and low-tax countries, the Middle East or Caribbean beauty spots like the Cayman Islands, the Bahamas, or perhaps European states like Switzerland and Liechtenstein come to mind first! We’d like to demonstrate though, that perhaps it’s time to think outside …
Moving to Singapore – Tax Brief for Australian Expats
Considering moving to Singapore? If so, how will it effect your taxes & finances? We discuss some of the key tax differences between Australia and Singapore and how these might affect you!
UK Property – 4 tips for Australian expats seeking to buy
UK Property purchases remain attractive to Australian expats thanks to subdued property prices caused by Brexit and now COVID-19. If you are an Aussie expat looking to buy a UK property, here are a few important tax implications to consider: 1. Secure property financing right …
How to prepare for expat life
Even in these challenging times with Covid-19, moving overseas to begin expat life is becoming a popular choice among Australians, but sadly many fail to prepare for expat life effectively. Starting a new life abroad can be an exciting new adventure, whether it is a …
Your key checklist as an expat moving overseas
Are you an expat moving overseas? Are you ready to relocate to a new country? Moving abroad can be both exhilarating and overwhelming. Between packing up your house, saying goodbye to friends and preparing for your new job, there’s a lot to think about. Will …
5 things to consider before you become an expat
Are you relocating or planning to relocate overseas for work? While broadening your life experience and exposing you to new things, moving overseas is also quite daunting. For a smooth transition, here are the top five things you should keep in mind before you become …
Capital Gains Tax changes to affect thousands of Aussie expats
Following on from our update last week about, we’ve decided to summarise not only the key changes, but we’ve incorporated various comments about these harsh new changes to the main residence exemption from well respected tax professionals and Australian tax commentators. What’s changing? Australian expatriates …
Death of the Main Residence Exemption for Australian expats
Unfortunately for non-resident Australian expats and non-residents generally, some two and a half years after first being proposed in the May 2017 Federal Budget (refer 2017 Federal Budget – Expats clear losers), today sees the death knell of the main residence exemption for non-resident Australian …
Main residence CGT exemption abolished for Aussie expats
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 …