4 Aug 2019
Tax
Moving overseas? 3 key areas to address first

Moving overseas to work or retire?

There are many areas you must address before you leave and some will need ongoing attention.

Taxation

Irrespective of whether you are working overseas or retiring, the first point to consider is your status as an Australian resident. There are a set of tests you need to satisfy to declare yourself as a non-resident.

Superannuation

When accessing super, regardless of residency status, the normal release restrictions apply.

Insurance

Not all life insurance policies remain valid if you’re living overseas.

If distant shores are calling, seek professional financial and taxation advice before setting off.

Daniel Mathers is an authorised representative (1238174) of Hunter Green Pty Ltd (AFSL 225962). Emily Matthews is an authorised representative (1261200) of Hunter Green Pty Ltd (AFSL 225962). Future Key Financial Pty Ltd ACN 608 953 840 is a Corporate Authorised Representative (1238170) of Hunter Green Pty Ltd (AFSL 225962). The information on this website contains general information and does not take into account your personal objectives, financial situation or needs. We recommend that you seek for specific financial advice if you require advice that takes into account your personal circumstances.