Jump to content

Money to Aus from outside SA - complicated - HELP!!


Legalbuff

Recommended Posts

Hi everyone!

To add to this forum, I have our "unique" situation:

We are currently living in the Middle East, in a TAX FREE environment!! I put it in capitals because that's just really awesome!!

We plan to make our move to SA more or less June/July next year - our contract this side will probably end June - we plan to start looking for jobs on this side, return to SA for one month's notice periods once 457 is approved and in that time pack up house, fly over to Aus and get settled there.

Now the question is this: We are earning money here, and it's lying in our bank accounts, 'cause part of the lovely tax free - ness of the place, is the fact that you don't get interest on money in your accounts.

How long before we arrive can we open an Aus bank account, and start investing money there? The point of it would be to get this money working for us in our destination, even though we are MONTHS away from starting any application processess etc.

Can someone help?

Thanks guys!

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...