Aussie Expat Podcast

Welcome to the one hundred and first episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we have a guest on Edward Cole from Cross Border Financial Planning USA talk about a general overview of what Australian expats need to know and understand about US Retirement accounts and the exit tax. Every year many Australian head over to the US on an E3, L1 or Green card visa. Understanding your retirement options is paramount for long term planning, especially with no one paying in your superannuation any more. We deep dive into different strategies around taxable accounts when it comes to forming a long term investment strategy. We discuss the shift to moving overseas back to Australia and how the exit tax might apply. In this episode we run through the following topics: • Different types of investment accounts: - Types of investment accounts in the US - How they differentiate from the US retirement a