aqua Posted August 27, 2011 Share Posted August 27, 2011 (edited) Hi, I'm currently setting up an Australian Self Manged Super Fund (SMSF). I will be one of the trustees for the fund but I am looking for a second trustee as a minimum of 2 trustees are needed by law. The plan is to open the fund, roll over my super into the fund and then invest in some Thai Private Companies (not owned by myself). If any Australians are interested in this type of fund please let me know. There are some requirements, you need to be away from Australia for less than 2 years at a time for residence requirements and some other basic stuff Edited August 27, 2011 by aqua Link to comment Share on other sites More sharing options...
gamini Posted August 28, 2011 Share Posted August 28, 2011 I have a self managed Australian super fund. I am quite sure that I can not role it over and invest in Thai shares. The whole post sound a bit "fishy" Link to comment Share on other sites More sharing options...
aqua Posted August 29, 2011 Author Share Posted August 29, 2011 A SMSF can invest in International investments no problems, as long as the companies are not controlled by yourself. I've just found out that I can use a corporate Trustee to set up the fund, so I don't need a 2nd trustee anyhow Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now