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Expat Chat Podcast - Expat Chat Episode 122 - Australian Expat Tax And Financial Planning Q And A

Expat Chat Episode 122 - Australian Expat Tax And Financial Planning Q And A

10/07/24 • 26 min

Expat Chat Podcast
Welcome to the one hundred and twenty second episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we answer some of the questions that members of our Australian Expat Financial Forum Facebook group recently asked. We find the Facebook group is a invaluable way to talk to and engage with Australian expats in any country and members can engage with their fellow expats and share to experiences in managing their finances whilst living overseas. With over 3,000 members (and growing rapidly) it is becoming a popular forum for Australian expats the world over. In this episode we run through the following topics: • Is it possible to open a trading account in Australia to invest in Australian ETF / Index funds while being a non tax resident and living overseas? • What are the eligibility requirements to receive the Australian aged pension from the government whilst living overseas? • What to do with the assets you have accumulated in the UK when you are looking to move back to Australia? • Does the US exit tax kick in from your arrival on a visa or is it only the green card years? • What happens when you withdraw Australian retirement funds out to a US bank account? • Why is Australia the best place to domicile your assets even when you are looking to retire to Australia? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt
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Welcome to the one hundred and twenty second episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we answer some of the questions that members of our Australian Expat Financial Forum Facebook group recently asked. We find the Facebook group is a invaluable way to talk to and engage with Australian expats in any country and members can engage with their fellow expats and share to experiences in managing their finances whilst living overseas. With over 3,000 members (and growing rapidly) it is becoming a popular forum for Australian expats the world over. In this episode we run through the following topics: • Is it possible to open a trading account in Australia to invest in Australian ETF / Index funds while being a non tax resident and living overseas? • What are the eligibility requirements to receive the Australian aged pension from the government whilst living overseas? • What to do with the assets you have accumulated in the UK when you are looking to move back to Australia? • Does the US exit tax kick in from your arrival on a visa or is it only the green card years? • What happens when you withdraw Australian retirement funds out to a US bank account? • Why is Australia the best place to domicile your assets even when you are looking to retire to Australia? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt

Previous Episode

undefined - Expat Chat Episode 121 - Can Expats Use ChatGPT For Tax And Financial Advice?

Expat Chat Episode 121 - Can Expats Use ChatGPT For Tax And Financial Advice?

Welcome to the one hundred and twenty first episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we debate whether Australian expats can use ChatGPT and AI to obtain tax and financial advice. With more tools available to Australian expats today then ever before many aussies are using online tools like ChatGPT and AI to undertake their research when either considering becoming an expat or how to make the most of their time when they are living overseas. However with most large language model tools like ChatGPT the information you get out is only a good as the information you put in. If you phrase a question incorrectly or don't know the question to ask ChatGPT does not have the cognitive ability to make you aware of a situation because you didn't know to ask it. In this episode we run through the following topics: • Can a Australian expat use ChatGPT to make financial decisions? • What can I use ChatGPT for? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt

Next Episode

undefined - Expat Chat Episode 123 - How Will A Change To Negative Gearing Affect Expats?

Expat Chat Episode 123 - How Will A Change To Negative Gearing Affect Expats?

Welcome to the one hundred and twenty third episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we talk about the news that the Australian government is looking to remove Negative Gearing and how that will affect Australian expats. We all know (or we should) that Australian expats don't get the ability to negative gear their property when you are classified as a non-resident for tax purposes however with so many owning property back in Australia any changes to the tax laws back home will affect their assets. With over 1 million Australians relying upon negative gearing concessions to fund the cashflow gap of Australian properties any changes to negative gearing will affect the property market but will it be positive or negative? In this episode we run through the following topics: • How does negative gearing work for Australian expats who own property in Australia? • If Canberra was to remove negative gearing what would it do to the property market? • How will a change in negative gearing rules affect renters? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt

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