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Expat Chat Episode 114 – What Is The US Exit Tax & How Does It Affect Australians

Expat Chat Episode 114 – What Is The US Exit Tax & How Does It Affect Australians

 

Welcome to the one hundred and fourteenth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat.

This episode was recorded before the recent floods in Dubai so it didn’t get released in sync and you may notice us referring to a different episode number but as it addresses such an important topic for Australian expats in the United States we wanted to make sure it received some airtime.

The US Exit Tax or HEART Tax Act plays a pivotal role when Australian expats living in the United States are either planning a repatriation back to Australia or are considering whether to extend their time in the US as a resident.

What a lot of Australian expats living in the US don’t realise is that, all depending on how long you’ve lived in the US and how much your networth is, you maybe hit with a nasty tax bill when it comes to leave the country.

Discussion Points on Todays Podcast Episode

 

In this episode we run through the following topics:

  • What is the US Exit Tax?

  • Which expats does it affect?

  • How do they calculate the Exit Tax for expats?

Links that we discussed in this episode include:

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

Make Sure You Don’t Miss An Episode of the Expat Chat Podcast

 

To ensure you don’t miss any future episodes make sure you subscribe to our podcast on your favourite channels below.

As we’d like to educate as many Australian expats as possible we’d also sincerely appreciate it if you could share this page using the buttons at the bottom of this article.

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