Expat Chat Episode 123 - How Will A Change To Negative Gearing Affect Expats?

Expat Chat Podcast

Welcome to the one hundred and twenty third episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we talk about the news that the Australian government is looking to remove Negative Gearing and how that will affect Australian expats. We all know (or we should) that Australian expats don't get the ability to negative gear their property when you are classified as a non-resident for tax purposes however with so many owning property back in Australia any changes to the tax laws back home will affect their assets. With over 1 million Australians relying upon negative gearing concessions to fund the cashflow gap of Australian properties any changes to negative gearing will affect the property market but will it be positive or negative? In this episode we run through the following topics: • How does negative gearing work for Australian expats who own property in Australia? • If Canberra was to remove negative gearing what would it do to the property market? • How will a change in negative gearing rules affect renters? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - 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