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Changes in Australia to capital gains for expats


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Yet another tax screw for the Expats - the nanny state is getting worse and worse.  It looks like the only way around this (after 2019) is that you return and live in an owned property and re-establish yourself as a resident for tax, and then the CGT tax is excluded when you sell it.  

 

So they tax you on the rental income as a non-resident, and now they also tax you CGT the same if you sell it before moving back - even if you lived there for many years. And it looks like the same applies even if you dont rent it out, but leave it vacant.  Aholes. 

 

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