How early should I start planning for my repatriation to Australia?

As with most things in life, the best time to start planning is yesterday, and the next best time is right now. Ideally, planning 6 – 12 months before repatriating to Australia allows us to sufficient time to get your ‘ducks in a row’ and ensure that you’re financially prepared to repatriate to Australia. Many underestimate just how much there is to ensure that you have in order before packing your bags and boarding the flight home.

Some of these areas that we’ll cover for you include:

• Retirement Savings: How will your Australian retirement savings be treated upon repatriation and should any changes be made?
• Overseas Pensions: In conjunction with your chosen tax professional, how will your overseas pension be taxed in Australia and how can it be optimised?
• Offshore Investments: In conjunction with your chosen tax professional, how will your offshore investments be taxed in Australia upon your return?
• Personal Insurances: Will your existing personal insurances still cover you in Australia? What does the claims process look like and can improvements be made?
• Health Insurances: What will you do with your health insurance upon return?