Tax & Financial
Planning for
Australian Expats

Who can benefit from the Australian Expat Tax Planning Service?

For an Australian expat who is currently living abroad or is returning to Australia, there are a lot of financial and tax considerations to take into account. Expats who are not Australian citizens but have worked in Australia or obtained assets there should also consider the best ways to manage their pensions and investments. 

An Australian expat financial and tax plan will consider your status as an Australian expatriate offshore and all factors after you have returned to Australia. The rules surrounding finances and taxation can be pretty complicated and may expose your Australian and offshore investments to risk. 

Australian Expat Tax Planning Service

Every solid plan starts with a review of your current financial situation. As part of the initial review, we will be looking at:

Your Tax Residence Status

As a non-resident for tax purposes, Australian expats can buy certain shares that are free of income tax, and capital gains tax. We can advise you on how to do it.

Your Taxable and Non-taxable Australian Property (TAP)

If you’re classed as a non-resident for tax purposes in Australia, certain assets or property can still generate taxes for you, or these taxes can even be higher (for example, Property Capital Gains Tax). We can help you establish which are which, and what to do so that the tax burden is lessened.

Your Overseas Investments

If you have obtained investment assets while living overseas, the tax treatment of these assets changes when you set foot back in Australia.

Your Australian Superannuation

Account The Australian superannuation system can become a little complicated to manage for Australian expats. A bad decision may lead to penalties and fees, which, with our review, we can help you avoid, and ensure your superannuation grows at the rate that you want it to be.

Available Double Taxation

greements Double tax agreements (DTA) prevent double taxation and fiscal evasion, allowing Australian expats to reduce or eliminate double taxation caused by overlapping tax jurisdictions between Australia and 40 jurisdictions.

Returning to Australia

As an Australian expat returning to Australia, there are a lot of considerations to take into account before you can take a flight back home. Planning is essential, and an expert adviser will look into your retirement and pension accounts, overseas investments and tax status to ensure that your repatriation matches your immediate and long-term financial goals.

Australian expat tax advice

Getting professional Australian-focused financial advice is vital to ensuring your financial success.

We have an Australian Financial Services License with the Australian Securities & Investment Commission (ASIC) and all financial advisers are degree qualified with numerous post graduate qualifications and investment specific qualifications. Our Australian Business Number (ABN) is 48 643 074 819.

How can Platinum Financial Services help?

Protecting your wealth is the goal of Soteria’s IHT Planning Service.

We will guide you through the planning process and advise you on the best possible solutions tailored to your specific needs.

Get in touch with us today and we can advise you on the most efficient way to legitimately reduce your IHT liability.

Protect Your Savings

In case of a sudden illness or accident, you don’t have to utilise your savings to pay the high price for medical treatment. Surgery and room costs in Hong Kong’s private hospitals can easily reach US$100,000 for major heart disease and cancer. This can be covered by the insurance plan, should you have coverage in place. Your savings should be used for their intended use, such as buying a home, funding your children’s education and retirement.

The cost of quality healthcare is at a premium. We have close partnerships with market-leading international healthcare insurance companies that offer sustainable products making sure that we can match the required level of cover to your budget.

We don’t charge you for our services, so premiums are the same as going directly to the insurance company. What you get is advice on the plan’s benefits and coverage limits that make sense to you and your financial situation.

Don’t leave your financial future to chance.

Contact Platinum Financial Services to help you through your financial journey.