Australian expats over 80 will be expected to provide a proof of life certificate every two years following recent revelations from the Australian government. The proposed ruling is in light of new data which estimates the Australian government is paying the pension of over 6,000 …
Changes to capital gains tax set to affect Australian expats have been delayed until 2019
Changes to capital gains tax exemptions are set to cost Australian expats potentially millions as they will lose a main residence tax exemption if they sell their house or primary residence while overseas. This was announced in 2017 as part of the measures relating to …
4 superannuation considerations for Australian expats
If you’re an Australian expat working overseas it’s very easy to lose track of your Australian superannuation. The stark reality is that the longer you’re gone, the harder it will be to create a superannuation balance that can fund your retirement. As with most things …
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 …
Top 5 tips for taking out expat health insurance
Sometimes it takes moving away to appreciate how good our Medicare system and Private Health Insurance system is back home in Australia. When you are living and working overseas as an Australian expat, particularly in countries like the USA, Switzerland & Norway (10 Most Expensive …
4 ways Aussie expats can avoid reverse culture shock on return
Congratulations! You’ve finally accomplished your financial, lifestyle, or career goals abroad. As you zip up your suitcase and head home, take a look at ways Aussie expats can avoid reverse culture shock on a return home. 1. Take the initiative with your friends Don’t expect …
Intro to the Common Reporting Standard – Aussie Expats Beware!
Update: Article updated 16th Nov 2018 with thanks to Anthony FitzGerald who correctly pointed out that the OECD currently contains 34 member countries. Overdue Australian Tax Returns? You’ll Need to Bring Your Tax Returns Up to Date . . . and soon! If you’re an …
Expats and social media
Thanks to social media, expat life has never been better so lets take a look at expats and social media. For Australians, homesickness can be a particularly acute problem, especially when they first move overseas. After all, Australia is a remote island and our casual …
Property or shares tax strategies for expats?
Which is the best tax strategy for expats: property or shares? Until recently, the property market in Australia was a safe and sometimes lucrative investment option. Lately though, according to some property pundits, the tide seems to be turning. For expats, there has been even …
How new expats can adjust to a foreign workplace
So, you’ve found a job overseas and you’re about to become an Australian expat. Congratulations, it’s an exciting and nerve-wracking time, all rolled up in one! You’ve done all the paperwork. You’ve got your finances sorted. Your insurance, taxes, tax returns, property and investments are …
