Expat Chat Episode 62 - Should An Expat Buy A Property Overseas?

Welcome to the sixty second episode of #Expatchat where we discuss the latest tax and financial issues affecting an #Australianexpat. In today's Expat Chat we discuss whether an Australian expat should buy a property as a principle place of residence when living overseas. Australians have always had a love affair with property and one of the most commonly asked questions is whether they should buy a property overseas when they become an expat. And the short answer to this is that it will depend on a number of circumstances including whether you are able to buy a property as a foreign citizen, your time in the country, and whether it makes financial sense. A number of countries provide incentives to buy a property to live in as your principle place of residence however that reason alone should not be the deciding factor as to whether you do or don't. In this episode we run through the following topics: • What is the easiest way to work out whether I should buy a property as a Australian expat? • What are the tax implications of buying a property overseas to live in as a principle place of residence? • What are some of the pitfalls of buying a property overseas as a expat? 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