Expat Chat Episode 78 - Selling Overseas Assets After Returning To Australia

Welcome to the seventy eighth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we talk about what an Australian expat needs to consider when they're looking to return to Australia and would like to sell assets they have accumulated overseas. They say timing is everything and this could not be more true when you live overseas and are planning a repatriation back to Australia. Sometimes the difference of selling an asset before you go or after you arrive in Australia can run into the tens and sometimes hundreds of thousands of dollars in tax. In this episode we run through the following topics: • How does a asset sale get affected by the type of asset? • Should I sell before or after I return to Australia? • Can I use the Main Residence Exemption (MRE) when I return to Australia? Links that we discussed in this episode include: • Facebook Group - Don't forget to join our Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ 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 https://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