Brett Evans
π€ SpeakerAppearances Over Time
Podcast Appearances
Because that will always dictate the strategy of your reverse engineer backwards.
And by doing it that way, what it means is you are β
not falling into any unnecessary traps.
She'll be right, it's not an investment strategy, even though Australians love to employ that.
You know that as well as I do.
Oh, yeah, mate.
We talk about taking the Cuba off when you leave the country.
You need to think like a local where the country you're going to.
If you are coming from the US for permanent,
You might want to redeem, you might want to time your exit so that you're redeeming your 401k in a new tax year in the United States when you have zero income, keeps the thresholds nice and low.
You get that metaphorical briefcase full of cash before you come back to Australia and you come into the country and you can bring, you know, you can transfer money into the country tax-free.
Correct.
No, they're 5th of April.
They've got a really weird one.
So it's like from the 5th of April to the 4th of April.
So yeah, they've got their own particular one as well too.
100,000% yes, you need to have work with someone who knows what they're doing.
So domestic accountants in Australia do a brilliant job doing domestic work.
The amount of touch-ups we have to do, putting bubblegum and sticky tape on something to fix it up.
James and I were in the US back in February doing seminars and met a gentleman there whose Australian accountant had been lodging tax returns in Australia as a tax resident.