Welcome to our thirty ninth episode of #Expatchat where we discuss the latest tax and financial issues affecting an #Australianexpat.
In today's Expat Chat we talk about the murky world of investment bonds and the dubious circumstances that they are sold under.
When a Australian expat moves either to Asia or the Middle East it is only a matter of time before they receive a unsolicited call from the dreaded Offshore IFA.
With a very smooth sales pitch they will appeal to your financial concerns and try to convince you that purchasing a offshore investment bond is the answer to your questions.
But is it?
Some of the topics that we run through are:
• What are investment bonds?
• Why aren't they appealing?
• Why these bonds are sold as a tax free investment but the reality may not be the case?
• What is the ATO's opinion of offshore investment bonds?
Links that we discussed in this episode include:
• Australian Expat Mortgage Podcast - https://podcasts.apple.com/us/podcast/expat-mortgage-podcast/id1584534329
• Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum/
If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below.
Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat.
Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community.
Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas.
To find out more about Atlas Wealth Management and how we can help Australian expats please go to www.atlaswealth.com.
Make sure you connect with us on our respective social media channels:
Facebook: www.facebook.com/atlaswealthmgmt
LinkedIn: www.linkedin.com/company/atlas-wealth-management
Twitter: www.twitter.com/atlaswealthmgmt
Instagram: www.instagram.com/atlaswealthmgmt
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