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Brett Evans

πŸ‘€ Speaker
1123 total appearances

Appearances Over Time

Podcast Appearances

The Money Puzzle
Moving money around the world - Your expat explainer

Always.

The Money Puzzle
Moving money around the world - Your expat explainer

And it's either geopolitical change, which is what we've seen out of Hong Kong, you know, pre certainly the handover in 97.

The Money Puzzle
Moving money around the world - Your expat explainer

Yeah, it was pretty hard not to bump into an Aussie, even post handover.

The Money Puzzle
Moving money around the world - Your expat explainer

It was still an amazing place.

The Money Puzzle
Moving money around the world - Your expat explainer

Then we saw that geopolitical change.

The Money Puzzle
Moving money around the world - Your expat explainer

Ructions with Yellow Umbrella Brigade and all that happened through COVID sort of took the shine off Hong Kong, certainly put the shine back on Singapore.

The Money Puzzle
Moving money around the world - Your expat explainer

But that as a result of Singapore certainly became very popular, became very expensive.

The Money Puzzle
Moving money around the world - Your expat explainer

And quite often it priced out a lot of expats and they also had the localization rules where

The Money Puzzle
Moving money around the world - Your expat explainer

You couldn't just hire an expat.

The Money Puzzle
Moving money around the world - Your expat explainer

You had to try and hire a Singaporean first.

The Money Puzzle
Moving money around the world - Your expat explainer

And then if you couldn't hire a Singaporean, then you'd hire an expat.

The Money Puzzle
Moving money around the world - Your expat explainer

So it became a bit more difficult.

The Money Puzzle
Moving money around the world - Your expat explainer

So, but look, Hong Kong, Singapore is still popular.

The Money Puzzle
Moving money around the world - Your expat explainer

Certainly London has always been a rite of passage, pulling pints in the pubs and so forth.

The Money Puzzle
Moving money around the world - Your expat explainer

But we have seen a lot of changes in the last 12 months with respect to the nom-nom laws.

The Money Puzzle
Moving money around the world - Your expat explainer

So what that essentially meant was up until previously, you could hold assets outside of the country that would tax you on the assets inside of the country and off you go.

The Money Puzzle
Moving money around the world - Your expat explainer

But now they're changing those laws so that once you cross a four-year threshold, you

The Money Puzzle
Moving money around the world - Your expat explainer

then your worldwide assets become accessible from a tax point of view.

The Money Puzzle
Moving money around the world - Your expat explainer

So it's taken a bit of that.

The Money Puzzle
Moving money around the world - Your expat explainer

To me, the two most popular ones have been Middle East and the United States.

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