Australian Expat Case Study

Client situation:

Tim is 27 years of age and has just moved to China where he envisages that he will spend the next 5 years of his life.  Tim envisages he will be able to save around $100,000 AUD per year. Before departing Australia for China, Tim purchased a house. He is now renting the house.

Client Advice:

• Ascertain Tim’s Australian tax residency status.
• Determine a strategy to send money back to Australia at a favourable exchange rate.
• Look at investing in Australian equities. This will take advantage of the capital gains tax exemption.
• Determine whether personal insurance policies are still valid while living in China.
• Consider possible gearing.