Investments
If you are eligible to become a non-resident there are a number of variables that need to be considered. When working with the Centric Wealth expat team, the following points provide an insight to the conversations you may have with your wealth adviser:
Initial assessment of your individual circumstances to determine if becoming a non-resident is beneficial.
How will this decision affect current and future investments?
How are different assets treated? How can you take advantage of tax free investment in Australia?
Non-residents have the ability to invest without being subject to capital gains tax. This translates to tax free growth on your investments.
The Centric Wealth Expatriate service
We will determine your likely CGT impact upon departure, and model your likely CGT tax free advantage over your period of non-residency.