Moving overseas? 3 key areas to address first

A sausage dog is propped up in a moving box

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 beforehand 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.

ABOUT THE AUTHOR

Bottrell Wealth
Bottrell Wealth are expert financial planners, with a vast array of experience with businesses of all shapes and sizes. Our knowledge extends past financial planning into, accounting, taxation, marketing and recruitment. With over 20 years dealing with businesses and individuals, Bottrell Wealth can help you reach your goals!

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