Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Brett Evans

πŸ‘€ Speaker
1123 total appearances

Appearances Over Time

Podcast Appearances

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

And if you're living in Riyadh or in Jeddah or Khobar, Daman, and the wife and kids are back in Melbourne, Sydney, Brisbane, then the ATO will take a dim view on that.

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

They'll say, well, look, you're coming back all the time to visit.

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

the center of your universe is actually back in Australia.

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

You're just working overseas.

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

You're not living overseas.

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

So there are ways to combat and deal with that.

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

Obviously, there are the proposed changes to the tax residency laws, which we're hoping comes through in the coming years, because that makes it a very binary decision whether you're an expat or not.

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

At the moment, it's very ethereal, very behavior-based, open to a lot of subjective nature.

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

So certainly, if you are envisaging going overseas in that scenario, you do need to seek advice to get a lot more clarity on

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

Everyone knows about it.

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

So there's places that you can make a lot of money.

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

And from our client experience, that is the United States if you are in tech.

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

The amount of people we meet who are young guys and girls, 20s and 30s, walking around with $50 million in their pocket is, I wouldn't say common, but it's not uncommon.

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

Yeah.

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

Ending in AI or... Look, there's some of the roles we see that are the C-suite, very high-paying roles.

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

There are a lot of Australians in those roles.

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

It's amazing how if you...

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

throw back a few rocks in some of the Fortune 500 companies, you'll find a lot of Aussies stacked up in the upper echelons there.

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

It's quite amazing.

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

So there's that.