Returning to Australia
Your guide to taxation
As an expatriate, your financial plans will need to be flexible enough to meet changes in your lifestyle, such as becoming tax resident in Australia.
Careful planning can help you boost your finances by preventing tax eroding your savings and investments unnecessarily, but does not need to be complex.
When considering your return to Australia, it’s important to understand your Australian tax status and how the tax system back home could impact your finances.
By staying up to date with the latest reliefs and allowances and investing your money in tax-efficient products, you can ensure that you don’t pay any more tax than you need to.
International life plans taken out, while you are an expatriate, can play an important role in your financial planning as they can help you achieve tax efficiency when you return to Australia.
The information provided here does not constitute investment advice or an offer to provide any product or service by Friends Provident International.
Please seek professional advice, taking into account your personal circumstances, before making investment decisions. We can accept no liability for loss of any kind incurred as a result of reliance on the information or opinions provided here.
To help achieve your financial goals, it’s important that you get independent financial advice. You can only buy our products through a financial adviser, so please speak to yours for guidance. They will help ensure your plans are tailored to meet your needs. If you do not have a financial adviser click here