Tax and Money Issues for Temporary Residents
#1
Just Joined
Thread Starter
Joined: Dec 2018
Posts: 14
Tax and Money Issues for Temporary Residents
Dear Australian Newcomers
Before we become PR, we Temporary Residents on a bridging visa reside in a tax limbo. (For between 5 and 30 years!) Would anyone care to share discussions on the following?
Before we become PR, we Temporary Residents on a bridging visa reside in a tax limbo. (For between 5 and 30 years!) Would anyone care to share discussions on the following?
- Buying a home, FIRB, and triple stamp-duty
- Paying tax in two countries.
- UK ISA's and SIPP's
- UK pensions paid or pending.
- IHT & Probate
- Bank Accounts and Credit Cards
- Currencies and Forex
#2
Forum Regular
Joined: Aug 2005
Posts: 116
Re: Tax and Money Issues for Temporary Residents
Dear Australian Newcomers
Before we become PR, we Temporary Residents on a bridging visa reside in a tax limbo. (For between 5 and 30 years!) Would anyone care to share discussions on the following?
Before we become PR, we Temporary Residents on a bridging visa reside in a tax limbo. (For between 5 and 30 years!) Would anyone care to share discussions on the following?
- Buying a home, FIRB, and triple stamp-duty
- Paying tax in two countries.
- UK ISA's and SIPP's
- UK pensions paid or pending.
- IHT & Probate
- Bank Accounts and Credit Cards
- Currencies and Forex
I think whilst U.K. is not required for a shares isa it probably is in Australia. Basically every country taxes on worldwide income i believe unless you are extremely wealthy then you can pay extremely wealth tax experts who can help you avoid paying.