Today's question is on locking in today’s low interest rate before the home loan settlement date.

Typically in Australia, depending on which states… it may take 6 weeks for a property to settle, so there's a lag period between the time of purchase to the actual settlement date.

We've been hearing a fair bit of news and chatter about what's going to happen at the end of this month.

In March 2020, the Reserve Bank of Australia put in place a term funding facility (TFF) for 200 billion dollars and upgraded that twice in the course of the period between then and now, basically giving the banks a facility to borrow 3-year funds currently at 0.1% interest that's designed to keep stimulating the economy in creating employment making things grow.

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*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent

#australianeconomy #wiseguru #taxplanning #australianexpat #budget #australiantaxresidency #federalbudget2021

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This week’s question has been asked by a number of Australian Expats living in different tax jurisdictions around the world for extended periods of time...

This is important as it refers to some of the proposed changes in this year's federal budget relating to “modernising” the current tax residency legislation.

Many expats living offshore for a long time, might contemplate buying a home in Australia, which may potentially turn into their future main residence.

We often see proposed legislation that's supposed to simplify or clarify things quite often, create quite a lot of confusion and angst instead.

So let's just go through this because it all relates to what's been proposed..

Content -
00:00​​​​ - Intro
01:00​​​​ - Buying a future home in Australia as an Aussie expat
02:00​​​​ - 4 Subtests to the 45-day rule
04:03​​​​ - Which Jurisdiction do you live in?
04:20​​​​ - Tiebreaker Tests
05:00​​​​ - Double Tax Agreement (DTA)


⚡Join us live every Tuesday on Facebook and Instagram.
To keep up to date please follows us on:

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https://twitter.com/WiseGuru_APAC

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📩 Send us any questions you may have to bookme@thewiseguru.com
✒️To book a Complimentary Meeting with Dr Andrew Unterweger please complete this form:
https://forms.monday.com/forms/a84ddd2d87fd8fac94d4d3fdf0dafd3d?r=use1


*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent

#australianeconomy #wiseguru #taxplanning #australianexpat #budget #australiantaxresidency #federalbudget2021

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This week's question we will look at how Banks treat your bonus income. We've had a number of people from around the world that earn a very good income, had a terrific bonus yet they can't seem to get a loan that recognises all of this as normal income.

Different lenders have got different ways, different credit policy that they utilised to determine how bonus income can be used when they're providing a borrowing capacity and how they use it for their serviceability calculations.


⚡Join us live every Tuesday on Facebook and Instagram.
To keep up to date please follows us on:

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Private Facebook Group - www.facebook.com/groups/aussieexpat

LinkedIn - www.linkedin.com/in/docunterweger/

Twitter - @WiseGuru_APAC
https://twitter.com/WiseGuru_APAC

Website - www.thewiseguru.com

📩 Send us any questions you may have to bookme@thewiseguru.com
✒️To book a Complimentary Meeting with Dr Andrew Unterweger please complete this form:
https://forms.monday.com/forms/a84ddd2d87fd8fac94d4d3fdf0dafd3d?r=use1



*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent

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Welcome to this week's Q&A!

This week will cover some of the proposed changes that come from this year's budget in relation to tax residency rules.

What will the tax residency status for Australian non-residents likely be if these changes proposed by the board of taxation actually come to pass?

Firstly, it's important to recognise a number of things. While some of these proposed changes can bring clarity. Some of them probably don't assist the situation any further than it is at the moment.

Let's look into the 4 subtests that are being proposed and it all revolves around the new 45-day concept..


Content -
00:00​​​​ - Intro
01:12​​​​ - What are the four subtests that are being proposed?
01:40​​​​ - What are the proposed changes?
03:44​​​​ - 45 Days in Australia - With the current Covid-19 situation?
05:50​​​​ - Double Taxation Agreements
06:30​​​​ - Tie Breaker rules - Nations with Double Taxation Agreements


⚡Join us live every Tuesday on Facebook and Instagram.
To keep up to date please follows us on:

Instagram - @wiseguru
https://www.instagram.com/wiseguru

Facebook - https://www.facebook.com/thewiseguru

Private Facebook Group - www.facebook.com/groups/aussieexpat

LinkedIn - www.linkedin.com/in/docunterweger/

Twitter - @WiseGuru_APAC
https://twitter.com/WiseGuru_APAC

Website - www.thewiseguru.com

📩 Send us any questions you may have to bookme@thewiseguru.com
✒️To book a Complimentary Meeting with Dr Andrew Unterweger please complete this form:
https://forms.monday.com/forms/a84ddd2d87fd8fac94d4d3fdf0dafd3d?r=use1



*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent


#federalbudget2021 #taxstrategy #aussieexpat #wiseguru

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Welcome to this week's Q&A!

I hope all the Aussie expats are doing well wherever you are around the world.
This week's question revolves around some of the changes that are being proposed in this year 2021 budget.

One of our viewers, a long term expat has written-

How are these changes that are being proposed in the Australian Budget going to impact me?

I thought I would draw attention to one of the important issues around self-managed superannuation funds(SMSF) and it's a really potentially positive outcome for us if these things are passed into legislation.

Listen to my video to find out more..

Content -
00:00​​​​ - Intro
00:50​​​​ - Self-Managed Super Fund (SMSF)
01:30​​​​ - Central Management Control Test
05:10​​​​ - Reforming Individual Tax residency Rules


Join us live every Tuesday on Facebook and Instagram

Follow us on:

Instagram - @wiseguru
https://www.instagram.com/wiseguru

Facebook - https://www.facebook.com/thewiseguru
Private Facebook Group - www.facebook.com/groups/aussieexpat

LinkedIn - www.linkedin.com/in/docunterweger/

Twitter - @WiseGuru_APAC
https://twitter.com/WiseGuru_APAC

Website - www.thewiseguru.com

📩 Send us any questions you may have to bookme@thewiseguru.com

✒️To book a Complimentary Meeting with Dr Andrew Unterweger please complete this form:
https://forms.monday.com/forms/a84ddd2d87fd8fac94d4d3fdf0dafd3d?r=use1


*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent



#wiseguru #aussieexpat #federalbudget2021

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Welcome to this weeks Q&A!

I hope all the Aussie ex-pats around the world are doing well.
I know that some of us in Asia are perhaps not doing as well with the lockdown provisions being put in place but that's part of containment in this sort of post covid pandemic world.

What is going to happen to vacancy rates and therefore our rental incomes in Australia if the Australian government keep the international border closed for another year?

Since we have at least 12 months worth of data we don't have to hope and see what's going to happen to our rental income and vacancy rates.
We can actually look at what already transpired, from the data collected.

National rates have grown at around 4.9% so that's not a bad outcome.
However, the rental yields have declined because property prices have gone up more quickly than rents have increased..overall both of these things are actually a great outcome!

Listen to my video to find out more..

Content -
00:00​​​​ - Intro
00:55​​​​ - Rental income and Vacancy rates
01:30​​​​ - Rental Yield Decline
04:00​​​​ - Current Growth in Rental yield
05:55​​​​ - Queensland extraordinary growth


🔶Dr Andrew Unterweger will be live every Tuesday on Facebook and Instagram to share his views.

To keep up to date please follows us on:

Instagram: @wiseguru
https://www.instagram.com/wiseguru

Facebook:
https://www.facebook.com/thewiseguru

YouTube: Wise Guru Limited
https://www.youtube.com/channel/UCK4BORQrHMi_YdoOwy1Wt7g



LinkedIn:
www.linkedin.com/in/docunterweger/

Join our private Facebook group:
facebook.com/groups/aussieexpat


📩 Send us any questions you may have to bookme@thewiseguru.com

✒️ To book a Complimentary Meeting with Dr Andrew Unterweger please complete this form: https://forms.monday.com/forms/a5c0055c9f96eb1d63d7a6196e5b98fd?r=use1



*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent


#wiseguru #aussieexpat #australianhousingmarket #rentalyield

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📢 Today's Question:
Can house prices keep increasing at the rate we saw in March.
March had the fastest rate of increase in property prices in Australia in 32 years, particularly in Sydney. Overall national house prices rose by 2.8%. For those who are looking to purchase property they would be looking at when the rate of increase would stop so they can buy into the market.

Let's look at the latest data that just came out in April.

Content -
00:00​​​​ - Intro
00:55​​​​ - National Housing prices in April
01:01 - Rate of Growth
02:00​​​​ - How much is the market going to go up?
04:30​​​​ - When should you enter the market?


🔶Dr Andrew Unterweger is live every Tuesday to share his views.

To watch, please join us on the following platforms:

Instagram - @wiseguru
https://www.instagram.com/wiseguru

Facebook - https://www.facebook.com/thewiseguru

Private Facebook Group - www.facebook.com/groups/aussieexpat

LinkedIn - www.linkedin.com/in/docunterweger/

Twitter - @WiseGuru_APAC
https://twitter.com/WiseGuru_APAC

Website - www.thewiseguru.com
Upcoming workshops - https://thewiseguru.com/upcoming-workshop


📩 Send us any questions you may have to bookme@thewiseguru.com

✒️ Book a Complimentary Meeting with Dr Andrew Unterweger to review your personal situation. Whatsapp us on +65 8338 9933 or email us at bookme@thewiseguru.com


*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent


#wiseguru #aussieexpat #australianhousingmarket #housingmarket2021

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📢 Today's Question:
What Is The Loan Application Process For Aussie Expats?

To Fast track, Click on the content chapters below:

00:00​​​​ - Intro
00:15​​​​ - Loan Application Process
01:13 - Loan Features
01:41​​​​ - Principle and Interest loan or Interest Only Loan?
02:20​​​​ - Mortgage Structuring
03:45​​​​ - Approval in Principle

🔶Dr Andrew Unterweger will be live every Tuesday to share his views.
⁠To watch, please join us on the following platforms:

Instagram: @wiseguru
https://www.instagram.com/wiseguru

Facebook:
https://www.facebook.com/thewiseguru

YouTube: Wise Guru Limited
https://www.youtube.com/channel/UCK4BORQrHMi_YdoOwy1Wt7g

Private Facebook Group:
www.facebook.com/groups/aussieexpat

LinkedIn:
www.linkedin.com/in/docunterweger/

⚡Follow us on our social media pages to get the latest update on the Australian Property Market, Wealth Creation, Finance and Financial Planning

To find out more visit our website below 🢃
https://thewiseguru.com/upcoming-workshop

❌ To Book an appointment with Andrew for your own personal situation please Whatsapp us on +65 8338 9933 or email us at bookme@thewiseguru.com


*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent


#wiseguru #aussieexpat #expatmortgage

1 0

Join us on the 28th of April for our Quarterly update!

Dr Andrew Unterweger will share his views on the Australian Economy as well as the Latest Data on the Housing and Finance Market.

We will go through beneficial initiatives that you can use to begin or expand a property portfolio.
Learn how to Better Position Yourself in this Low-Interest-Rate world and how to get a suitable low-interest rate loan as an Australian non-resident earning foreign income plus more..

Follow the link below for more information:

https://mailchi.mp/thewiseguru.com/australian-expat-finance-property-quarterly-update


*DISCLAIMER - The information contained in this video by Dr Andrew Unterweger (and Wise Guru Limited) is for general information purposes only and is not intended to constitute legal, financial or other professional advice and has not been provided with regard to the investment objectives or circumstances of any particular individual. While based on information believed to be reliable, no guarantee is given that it is accurate or complete and no warranties are made by Wise Guru Ltd as to the accuracy, completeness or usefulness of any of the information in this publication. The opinions, forecasts, assumptions and estimates (if any) contained in this material are as of the date indicated and are subject to change at any time without prior notice. The information referred to may not be suitable for specific investment objectives, financial situation or individual needs of recipients and should not be relied upon in substitution for the exercise of independent judgment. Recipients should obtain their own appropriate professional advice. Neither Wise Guru Ltd nor other persons shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.
Wise Guru Ltd is not under any obligation to update this information to the extent that it is or becomes out of date or incorrect. This material may not be reproduced, redistributed, or copied in whole or in part for any purpose without Wise Guru Ltd’s prior written consent


#australianeconomy #australianproperty #australianexpats #interestrates #expatloans #property #finance #realestate

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