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Tax on money transfer?

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If all goes well, then my family and I are planning to move to Adelaide in the month of Aug - Sept 2018 and have a few concerns / questions on money transfers.

  • can one open a bank account from overseas, i.e. before arriving in Adelaide? If so then how do we go about it? (Money transfer from UAE, Qatar)
  • any recommendations on banks? Some with low service charges etc?
  • is the transferred money taxed? If so then what %

Appreciate any other additional info that you may think is useful.


Thank you.



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When we moved to Perth we opened an account with Westpac (don't know which banks are most popular in Adelaide). If you look on line it will tell you how you to do it, we then just got our cards (by calling into the branch) when we arrived.


I just want PIO to be a happy place where people are nice to each other and unicorns poop rainbows

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