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204. Managing finances while you are overseas

204. Managing finances while you are overseas

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Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we share personal insights as we plan our own move to the Greek islands. We cover the essential financial considerations when living abroad while maintaining Australian assets. We discuss tax residency rules, currency exchange strategies, superannuation limitations, cross-border investing, and the importance of getting specialist advice. We explore how double taxation can catch people off guard and why your regular accountant might not have the expertise you need for international finances.

Tune in to discover what you need to know before making your overseas move.

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706

Episode Highlights

  • Tax residency rules and double taxation risks

  • Currency exchange costs and multi-currency account strategies

  • Superannuation preservation rules and contribution options

  • Cross-border investing and asset structure considerations

  • Insurance coverage and consumer protection differences

  • Estate planning and inheritance tax implications

  • Finding the right professional advice for international finances

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