Jessy69

I have money in stocks and funds, when will this get exchanged to $, when I take them out in Oz?

Devlin

I assume you have money and stocks in funds denominated in British Pounds?

I would've thought you'd need to exit these funds and deposit the cash into GBP bank accounts and then it would be up to you when you want to convert the money into Australian dollars.

bcworld

As Devlin says....if you want to convert them to $ you will have to sell them first. Otherwise they will remain in pounds in whichever brokerage you hold them.

Wendy&Mike

They will be valued at whatever their closing price is on the day you leave. This only happens if you declare them in your assets. The reality is that until you sell the shares there is no gain in the UK and when you arrive in Aus your base price becomes the price when you arrived. Do not sell them prior to leaving. Edit, unless they are showing a loss..

Mike.

cranston

Put your money into Berkshire Hathaway stock and relax.