Expat Chat Episode 61 - How Are Dividends Treated For Australian Expats

Welcome to the sixty first episode of #Expatchat where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we discuss how dividends are treated for those Australian expats who receive them as a non-resident for tax purposes. Share ownership by investors has grown dramatically over the last 20 years however there is a difference when you hold shares as a tax resident of Australia versus as a non-tax resident. Your country of residence will also affect how much non-resident withholding tax you may be liable to pay. Share ownership as a non-resident can be a very powerful wealth creation tool for Australian expats as they are treated as non-taxable property and don't accrue capital gains tax (CGT). However you need to construct your portfolio with a international mindset to not only maximise dividend income but also franking credits which are invaluable to Australian expats. In this episode we run through the following topics: • How do franking credits work for Australian expats? • When a Australian expat receives a dividend are there any income taxes? • Why does the country that I reside in determine the tax rate? Links that we discussed in this episode include: • Facebook Group - Don't forget to join our Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt