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Moving overseas? 3 key areas to address first

October 23, 2018

October 23, 2018

Moving overseas to work or retire? There are many areas you must address before you leave and some will need ongoing attention.

Taxation

Irrespective of whether you are working overseas or retiring, the first point to consider is your status as an Australian resident. There is a set of tests you need to satisfy before hand to declare yourself as a non-resident.

Superannuation

When accessing super, regardless of residency status, the normal release restrictions apply.

Insurance

Not all life insurance policies remain valid if you’re living overseas.

If distant shores are calling, seek professional financial advice before setting off.

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The information on this site is of a general nature. It does not take your specific needs or circumstances into consideration, so you should consider your own financial position, objectives and requirements and seek personalised advice before making any financial decisions.