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123
Junior Member
Posted
Hello everyone,

Please excuse me barging in with my first post asking a question Big Grin

I am non-Australian and will be spending a fair amount of time with my significant other in Australia on a tourist visa. I have no plans whatsoever to seek employment, or any form of residency...just enter on a tourist visa which allows me 90 days...therefore I plan to just 'swing in and out' of Australia so I don't overstay my visa.

Question, some research has showed me that in one remains in Australia for over 183 days per year, even as a tourist they may be declared a resident and may be liable to tax on their foreign income.

Any input anyone could offer would be greatly apprectiated. Should I stay under the 183 day limit? [which I would prefer ot to] Or are the chances of me being liable for taxes very low?

I have NO plans of permanent immigration, and plan to maintain a residence in my home nation, as well as a business and car if that is of any relevence, but ideally would like to spend the majority of my time in Oz.

Thanks...
 
Posts: 2 | Registered: 07 August 2007Reply With QuoteEdit or Delete MessageReport This Post
Member
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As the holder of a temporary residency visa you are likely to be exempt from Australian taxation on overseas source investment income and capital gains - even if you are a resident of Australia.

Best regards.


Alan Collett
alan-at-gomatilda-dot-com
Registered Migration Agent Number 0102534
Fellow of the Institute of Chartered Accountants in England and Wales
Member of the Institute of Chartered Accountants in Australia
http://www.gomatilda.com and
http://www.collettandco.co.uk
Offices in Southampton - England; Melbourne, Perth, Brisbane, and Geelong - Australia
 
Posts: 2625 | Location: Geelong, Australia | Registered: 01 August 2002Reply With QuoteEdit or Delete MessageReport This Post
123
Junior Member
Posted Hide Post
Thanks very much for your answer Mr. Collett
 
Posts: 2 | Registered: 07 August 2007Reply With QuoteEdit or Delete MessageReport This Post
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