Expat Chat Episode 82 - Tax Concessions On Property For Expats

Expat Chat Podcast

Welcome to the eighty second episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we talk about the different types of tax concessions available to Australian property owners and whether Australian expats eligible for any of them. The Australian property sector is a large contributor to the Australian economy and to keep it appealing to investors both the federal and state governments off tax concessions to property owners. However since 2012 there have been a number of changes to the tax legislation that has precluded Australian expats for taking advantage of these concessions and in turn reduced the appeal of investing in Australian property. In this episode we run through the following topics: • What is a tax concession? • What is the Main Residence Exemption? • What is the 50% capital gains tax discount? • What tax concessions are available to Australian expats? Links that we discussed in this episode include: • Property Webinar - Managing An Australian Mortgage & Property Portfolio in 2023 - https://attendee.gotowebinar.com/register/111625049445934942?source=Podcast • Facebook Group - Don't forget to join our Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt