Moving Overseas

If you are considering or have committed to moving overseas we can provide financial advice to ensure that your investments and superannuation are correctly setup so that you can make the most of your time whilst you are overseas. 

This will provide you with the peace of mind knowing that your financial affairs will continue to be handled in a professional manner.

Normally when you first entertain the idea of becoming an expat you will Google where to live, what the best schools are in the area and what it is like living in the city or country but unfortunately obtaining financial advice is left to the bottom of the list.

Usually Australian expats find out they have a problem when they’re overseas and it’s too late.

As part of our services to Australian expats we offer a Pre-Departure Review. This review provides those Australians who are about to move overseas with a review of their assets and outlines a step by step recommendation on what needs to be done to organise your finances before the big move. You can either engage us to implement the recommendations or complete them yourself.

pre departure review

What Do I Need to Consider Before Moving Overseas?

As part of this review we cover off on the following topics:

Is your superannuation compliant? Whether you hold an industry, retail or Self-Managed Super Fund if you are leaving the country you need to ensure that your retirement savings are still managed in a compliant manner.

Whether you hold Life, TPD or any other types of insurance inside or outside of your superannuation, just because you are paying the premiums on time doesn’t necessarily mean that it is valid once you leave the country.

Do you own shares, property or any other type of investments? If so, do you know what the tax implications on moving overseas may have on these?

A key decision for many Australians who choose to work overseas is whether to sell or rent out their principal residence, which will depend on both personal and financial considerations.

Did you know that with the recent legislative changes Australian expats are now required by law to make repayments on their HECS, HELP and TSL student debt, even if you live and work overseas?

Have more specific questions, or want to verify information you already have? Feel free to reach out to us to speak with one of our helpful professionals.

How We Can Help Australian Expats

General Advice Disclaimer

The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Atlas Wealth Management Authorised Representative before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Atlas Wealth Management nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.