After years in Hong Kong many successful Australian expatriates have built a substantial net worth of assets and investments outside of Australia. Yet Australias tax regime bites much harder than Hong Kongs, and tax on international assets has historically been the bitter pill for wealthy Australians returning home.
But now Australian taxation of international assets has changed.
Prior to repatriating, non-resident Australians can legally and transparently structure the holding of their global investments to comply fully with Australian tax law, while significantly reducing or eliminating Australian Capital Gains tax, Income tax and Wealth tax on these assets.
Correct implementation of these very advantageous structures requires proper and advance planning, and must be implemented before you officially become an Australian resident.
Please be aware that we begin advisory relationships with individuals who have a net worth in excess of USD 2 million, excluding property.