Expat investment suggestions

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Expat investment suggestions


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Old 8th January 2013, 01:09 PM
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Default Expat investment suggestions

My family and I will be moving to Houston TX from Australia in a few months and I was wondering what a good investment strategy might be while we are away as expats.

We plan on buying a place in the USA (borrowing as much as we can at low interest rates for the purchase). Then my wife (who doesn't work) plans on investing in Aus stock market in mostly high growth stocks.

My research indicates that our US house would be considered our principal place or residence by ATO so capital gains tax will not be payable in Aus (will be in USA though). We do not own a home or have any investment properties. As I understand it new changes to Aus tax law would mean any capital gain on an investment property would be applied to 100% of the capital gain, not 50%. This makes the stock market much more attractive to me given 100% of capital gain is tax free and any fully franked dividend is also not taxed (but you waive the franking credit, which in my wife's case is a loss). I am also interested in buying US shares, would it be better to buy them from the US or Aus (or no difference)?

If anyone has any other tips or suggestions I would really appreciate them? I'd really like to have a good solid plan in place before we head off and life gets crazy.

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Old 8th January 2013, 02:25 PM
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Have you done some research into mortgages for expats with no US credit/employment history?

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Old 8th January 2013, 09:05 PM
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Originally Posted by twostep View Post
Have you done some research into mortgages for expats with no US credit/employment history?
Yes. My company has an affiliated credit union that will lend money to employees even without a credit history. I have also been told (by other expats working for the same company as me) that other banks will do the same with proof of my employment with my company.

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