Expat Chat Episode 78 – Selling Overseas Assets After Returning To Australia
Welcome to the seventy eighth 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 what an Australian expat needs to consider when they’re looking to return to Australia and would like to sell assets they have accumulated overseas.
They say timing is everything and this could not be more true when you live overseas and are planning a repatriation back to Australia.
Sometimes the difference of selling an asset before you go or after you arrive in Australia can run into the tens and sometimes hundreds of thousands of dollars in tax.
Discussion Points on Todays Podcast Episode
In this episode we run through the following topics:
How does an asset sale get affected by the type of asset?
Should I sell before or after I return to Australia?
Can I use the Main Residence Exemption (MRE) when I return to Australia?
Links that we discussed in this episode include:
- Facebook Group – Don’t forget to join our 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/
- Atlas Tax details – https://atlaswealth.com/how-we-can-help/expat-tax-accountant/
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