[datum1m]

Originally Posted by Wendy

Hi,

This thread is confusing me and worrying me a little bit, we are flying out on the 1st Sept and I am on a pr spouse visa but our house is still on the market and what with the housing market as it is we don't know when it will sell.

So does that mean if it sells after my initial six months in oz then I have to pay cgt?

Hi,

As I understand it yes you would have to pay CGT on money brought into OZ after the initial six month period, because it would be classed as income when you are living in OZ under a PR type Visa. I think AndrewL also confirms this to be the case, but I am waiting for a reply from him on this point. I must stress this information was given to me while attending a seminar about moving and living in Australia and not from any official Australian government web-site, so it would be best to make your own enquires about to be sure that I am correct.

Regards

Nigel