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 …
Everything you need to know about offshore bank fees
Bank fees can be confusing and costly, especially for Australian expats regardless of whether you paying them at home or abroad! In Australia, bank fees consistently increase, so it’s important to pay attention to rising rates. When you travel overseas, the situation becomes more complex, …
5 Entrepreneur Visas for Business Owners to Live Overseas
Are you an Aussie expat business owner? Are you intrigued by the idea of paying less tax? If so, we encourage you to consider taking your business offshore. Not only this, but various countries will offer you a second residency if you set up your …
Tax Residency for Australian’s working on cruise ships or yachts
On 2 November 2022, the Administrative Appeals Tribunal handed down a decision in relation to a case Duff and Commissioner of Taxation (Taxation) [2022] AATA 3675 (2 November 2022). Duff, an Australian, who was employed as a chef on a cruise ship. The Case and …
Could Remote Working During the Pandemic Affect Your Tax Burden?
During the recent Covid-19 pandemic, in line with Organization for Economic Cooperation and Development (OECD) guidance, the Australian Taxation Office (ATO) issued some additional guidelines for Australian expats who returned to Australia to visit, but who couldn’t leave due to covid restrictions either here or …
3 ways to enjoy expat life
When you think about living as an expat, what springs to mind? Everyone has their own idea of what it means to be an expat, but there is more than one way to enjoy this type of life. Here, we take a look at three …
The power of property investment
Finding the right commodity, or company to invest in is a big decision, but it doesn’t have to be a hard one. We all know that investing in property is a fantastic way to build your investment portfolio and work towards financial independence. While property …
The 5 best cities in Asia for foodies
One of the best parts about moving overseas is being able to sample all the wonderful foods of a different culture and country. If trying new delicacies is something you enjoy, read on for a list of five cities in Asia renowned for their dishes. …
Can an Australian expat use negative gearing?
Negative gearing is a strategy used by many Australians to make tax savings, but is this strategy still accessible to Australian expats that are living overseas? In this article, we explain what negative gearing is, what it means for Australian expats and whether it is …
The 9 Most Expensive Cities for Expat Living
As an Aussie expat, there are many reasons you may decide to live overseas. You may wish to pay less tax, discover new investment opportunities, pursue a new career, or simply enjoy greater freedoms. For some, pursuing a better life comes with a much higher …