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Originally Posted by AndrewL

Hi Nigel, this is completely untrue. I would recommend speaking to a tax adviser if you are new to Australia as you may potentially have serious issues, if this is how you are looking at things.

Cheers, Andrew

Hi Andrew,

I would be interested to know which part of my message you feel is untrue, I am passing on information I was given by a guest speaker at a Thinking Australia (Migration Agent) Seminar, where experts were answering questions put to them about moving to Australia. One couple at the Seminar were looking to rent their house out in the UK rather than sell just in case life down under wasn’t for them and they wanted to move back to the UK after a year or so. They were told by the expert that if they brought money into Australia after living there longer than six months they would have to pay capital gains tax on it. So another couple who were looking to travel out to Australia and get their Visa validated within the twelve month permitted period were concerned that this would trigger the six month period for bringing money into Australia tax free, because they hadn’t put their house on the market and didn’t know how long it would take to sell. So they were told not to worry because the six months didn’t start until they were living in Australia permanently and this would be when they had jobs and paying Australian taxes. I am not looking to mislead anyone, so if you know something different please let me know.

Best Regards

Nigel