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Why should expats invest in Australian Property?

If you’re an expat and you plan on returning to Australia when you retire, or even before that, it makes sense to have a solid foot on the property ladder first.

You may want to enjoy the climate and more laid-back lifestyle in your golden years, but if you’re planning on returning without working, then make sure your finances are in place to support you.

The Australian Property Market has continued to grow, which means it’s a good, stable long-term investment but it also means it could be difficult for you to get back into the market if you leave it too late.

Of course, investing in property carries risks, but there are also excellent tax benefits for investing in Australian property while you’re still living abroad.

Let’s look at some of the reasons to start investing in property now to secure your retirement.

Maximise any tax benefits that your tax residency provides

If you’ve remained an Australian resident for tax purposes, you can deduct financing and other property costs like maintenance and management. You can also expect a depreciation benefit each year. If you’re no longer a resident for tax purposes, you can still claim the same deductions against your Australian sourced income.

Save tax credits while you’re still a non-resident.

If your tax-deductible expenses are higher than your Australian taxable income, it’s wise to accumulate those tax losses on your Australian property that can be offset from your income when you return to Australia.

At WiseGuru, we urge you to use your low-income tax regime to help build your retirement nesting. Our presence in Singapore and Australia means we can work with expats to tailor the best solution based on your requirements.

Related Tag: Australian Property Investment Advice

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By |2018-10-07T00:38:57+00:00September 19th, 2018|Categories: Australian Property Investment|Tags: , |

About the Author:

Wise Guru is your expert adviser based here in Singapore for investment in Australian property. We work with expatriate clients to provide a complete, tailored concierge service for each of our clients from finding the right property based on your own situation, projecting and managing your cash flows, structuring and arranging your financing and working with a team of professional settlement agents and property managers to ensure your property is tenanted, saving you time and money.

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Andrew Hutton - Wise Guru Testimonial

Andrew Hutton

"As a long-term Australian expat, I have long wanted to get into the Australian property market. Thanks to Wise Guru...

Andrew Hutton

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2015-10-11T02:24:20+00:00

Andrew Hutton

Andrew Hutton - Wise Guru Testimonial
"As a long-term Australian expat, I have long wanted to get into the Australian property market. Thanks to Wise Guru I was able to comfortably enter the market, and I don't think I could have done so on my own - lacking the necessary time and expertise. The process was quick and easy and, while it is still early days, I have started to learn about property markets as well."

Laura & Ian Patching

“We have subsequently become a great supporter of the business referring family and friends to Andrew over the last 2-3...
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2015-09-10T23:27:18+00:00
“We have subsequently become a great supporter of the business referring family and friends to Andrew over the last 2-3 years. We were no different to your average Australian family our age, in that we had limited knowledge on what we were capable of doing and did not think we could afford to do anything.”

Dr G Heise

“Andrew was able to show me how to create additional investments through loan structures of which I was unaware. The...
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“Andrew was able to show me how to create additional investments through loan structures of which I was unaware. The service that Andrew and his team has provided meant that every aspect of the process was managed by them.”
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