Brett Evans

Thought about doing a guarantee on if it doesn't save you money, you ask your money back and it's always a dangerous game because there's those people in the society who would do that anyway.

That's right.

But I can't say guarantee.

I challenge anyone to put their hand up to say that they got no value out of it and I'd love to sit down with them.

Qatar, yep.

Yeah, well, salam alaikum and welcome to the sandpit if you do get here.

Super is interesting.

So at a high level, SIS Act, which governs all super,

In Australia.

In Australia.

Residency does not apply to super.

Resident, non-resident, the same rules apply both on capital gains, tax, contributions, the whole shebang.

The exception to that is SMSFs, which with the popularity of SMSFs over the last 10 years has been becoming more of a problem for expats.

But let's put SMSFs on the side for the time being.

Not only that, it's the active members test.

If you contribute to a self-managed super fund, you will breach the active members test.

Yes.

And also to central management and control has to be in Australia.

A lot of folks try and rubber stamp it by appointing a brother or a sister or a father or a mother as the director of the trustee company, but that's just rubber stamping and the ATO is looking straight through that.

Because they're saying, how is it self-managed when you're the beneficiary and your brother's the trustee?