PPRuNe Forums - View Single Post - Wealthy Expats won't find it alluring
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Old 27th Oct 2006, 06:09
  #21 (permalink)  
Gnadenburg
 
Join Date: Jun 2002
Location: Eden Valley
Posts: 2,164
Received 102 Likes on 44 Posts
It's sad to see poorly strucutured expats, repatriate with so much lost opportunity. Pay for the expertise. H & R block won't cut it. Ten grand of taxation lawyers and accountants professional advice, per million you bring home, is a good start.

If super is your vehicle, they are already on to it. Latest I've heard is some sort of shuffle, repatriate as a non resident, sell up the assets you need to, forming a super trust, live on the beach abroad for another six months, and come home with all in place. Not neccessarily in that order! Pay for the advice!


PAF

Repatriation of expatriate wealth and skills, should have a welcoming government policy.

There are near a million Australians working abroad, from all vocational backgrounds, including the areas government is concerned of shortages.Most would be looking to repatriate a million plus per head ( at least ). Certainly help ,prop up an economy that digs holes and sells over priced real estae to each other.

Except, of course, the fools that work overseas for the China experience. Helping to transfer massive amounts of intellectual property, at no cost, to a future competitor, whilst drawing on meagre savings.
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