Make the most of your Expatriate experience
Whether you are an Outbound or Inbound Expatriate, the experience offers you the opportunity to significantly enhance your wealth while immersing you and your family in an exciting new environment and culture. At Strategic Wealth, we understand the specific needs of expatriates through our own first hand expatriate experience and extensive years of providing strategic advice to this special group of clients.
Some expatriates will return from their overseas assignment having enjoyed their time away immensely, but with little to show financially despite their generous compensation package. Upon reflection, they realise they have missed a great opportunity to financially set their families up for a comfortable and secure life.
Don’t Make The Mistake
As an expatriate, you face a unique set of issues and challenges but also amazing opportunities. It is important to address these in a highly structured manner. You can benefit greatly from receiving professional advice from a financial planning group that specialises in this complex area with access to experts that can address tax and other issues.
The benefits and value arising from creating and implementing a well-crafted plan can be many. They can be very specific, quantifiable and based on aspects, such as tax savings now and in the future. Alternatively, they can be qualitative and provide ‘peace of mind’ from knowing that you have carefully considered your options and chosen a path that will provide you with the best chance of achieving your objectives, in the shortest time possible and with the least amount of risk.
Further Expatriate Information
The following provides an overview of the various phases that you may go through as an Outbound Expatriate. These phases include: before you depart, while on assignment or before you return, with specific issues to be addressed under each phase.
Additionally, for Inbound Foreign Expatriates, there is information on the important issues for you to consider, including the potential transfer of your overseas or foreign pension fund plans in the event that you decide to settle in Australia on a permanent basis.
Our expert team can assist you to ensure you are prepared, well in advance, to take full financial advantage of your expatriate assignment, whether you are planning to leave on your expat assignment or you are returning. Please click below for more information on:
