Selling an Australian Property as an Australian Expat: What Expats Need to Know

Описание: Thinking of selling your Australian property while living abroad?

For Australian expatriates, selling a home or investment property in Australia while residing overseas presents a unique set of financial, tax, and legal challenges.

If you’re no longer a tax resident of Australia, you could face unexpected Capital Gains Tax (CGT) liabilities, miss out on tax concessions like the 50% CGT discount or the Main Residence Exemption, and find yourself subject to automatic withholding taxes at settlement.

That’s why it’s essential to understand:
✅ How your residency status impacts CGT
✅ Which tax concessions you can still access and which ones you can’t
✅ The role of the Foreign Resident CGT Withholding regime
✅ Tax minimisation strategies like concessional super contributions or applying carried-forward capital losses
✅ Why appointing a Power of Attorney and choosing the right professionals is critical when selling remotely

To learn more, read our latest blog post:
https://www.runwaywealth.com/post/sel...

General Advice Disclaimer: The information contained herein is of a general nature only and does not constitute personal advice. You should not act on any recommendation without considering your personal needs, circumstances, and objectives. We recommend you obtain professional financial advice specific to your circumstances.