🦊 Expat Tax Tip #18
🦊 Expat Tax Tip #18 – Departure Tax & Capital Gains When Leaving a Country Leaving your home country doesn’t mean leaving tax behind! Many tax offices apply “departure tax” or capital gains rules when you give up residency. These rules often treat you as though you sold certain assets the day before you […]
🦊 Expat Tax Tip #13 – Inheritance & Estate Taxes Can Follow You Abroad
🦊 Expat Tax Tip #13 – Inheritance & Estate Taxes Can Follow You Abroad Expats often assume they avoid inheritance tax or estate taxes by moving abroad. The truth: these can still apply worldwide 📘 Planning to pass assets across borders? See my Product Library for guides that cover residency, inheritance, and tax planning. […]
🦊 Expat Tax Tip #11 – Keep Track of Days In & Out
🦊 Expat Tax Tip #11 – Keep Track of Days In & Out For expats, day counting is everything. Tax residency often depends on how many days you spend inside or outside a country. Missing the count by even a few days can change your entire tax status. 📘 Want a simple breakdown of how […]
Tip #9 Tax Residency ≠ Citizenship
Expat Tax Tip #9 Tax Residency ≠ Citizenship One of the biggest mistakes expats make is thinking citizenship and tax residency are the same thing. They’re not. 📘 Learn the full rules in my Australia Expat Tax Basics Course and Canada Expat Tax Basics Course. 🔗 External reference: ATO residency tests | CRA residency status […]
💡 More Expat Tax Tips
✨ Keep your bank accounts simple — multiple overseas accounts can trigger extra reporting requirements. ✨ Track your days in/out of Australia or Canada carefully — residency rules hinge on these counts. ✨ Watch out for double tax traps — always check if a tax treaty helps reduce your burden. ✨ Don’t forget superannuation / […]
tax residency
Understanding your tax residency is the #1 step to getting expat taxes right. Residency decides which country can tax you and on what income. What Is Tax Residency? Tax residency is a legal status based on your ties and presence in a country—not your passport or visa type. Common Tests Countries Use Common Expat […]