As an Australian expat returning to Australia there are a lot of considerations to take into account before you board the flight home.
Did you acquire investments such as shares, managed funds, exchange traded funds (ETF’s) or properties whilst you lived overseas?
Did you set up a business, trust or company?
The tax treatment of these and other assets change when you set foot back on Australian shores as a Australian resident and what your next step is will depend on how you are holding those assets and what your goals and objectives are. Obtaining the right tax advice can help you make a smooth transition back into the Australian financial way of life and ensure you prevent adverse tax implications from happening.
As part of our Repatriation Review service we outline the key areas that need to be addressed as well as advising on how to ensure that your repatriation is a successful process.
If you are thinking of returning to Australia, talk to us first!
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