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.

Leave a Reply

Your email address will not be published. Required fields are marked *