After years in Hong Kong many successful Australian expatriates have built a substantial net worth of assets and investments outside of Australia. Yet Australia’s tax regime bites much harder than Hong Kong’s - so tax on these assets has historically been the bitter pill for wealthy Australians returning home.
The good news is the Australian taxation of foreign assets has been changed.
Prior to repatriating, non-resident Australians can now 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.
These structures must be implemented before you become an Australian resident.
Philippa Huckle will clearly and plainly explain how to properly implement these changes to substantially strengthen your own financial position