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Old 30th Oct 2006, 01:14
  #31 (permalink)  
Gnadenburg
 
Join Date: Jun 2002
Location: Eden Valley
Posts: 2,164
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It makes me shudder, poorly structured expats, who end up having to retire in developing Asian nations to beat the taxman.

There are so many ways around it. But you need to pay for the expertise.

With taxation losses perpetual, share market gains tax free, how can a non-resident not happily retire comfortably in Oz?


You borrow 100% for a 500,000 AUD property ( easy abroad ). You rake up 30K tax credit annually- negative gearing, depreciation, visits home for inspection etc. Interest only strucuture on the loan, with the cashflow you would traditionally use to pay off the principal, freed up to put money in to the sharemarket. After a decade abroad, you have a 300K taxation credit, a share market portfolio that is not far from the original value of the property. The most basic of structures.

Last edited by Gnadenburg; 30th Oct 2006 at 02:28.
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