This might seem like a strange question to ask, but I’m just wondering, if a shareholder here was to emigrate from Australia to another country permanently, do they have to sell their holdings and pay tax before leaving ? Or can they keep their shares and leave them in the Australian account.
Or perhaps they could just transfer the shares to an account in the new country.
If anybody could help or at least suggest where to look for the answers.
I am considering leaving to live in a new country but like many here, don’t want to sell my shares as yet. And definitely don’t want to sell and rebuy after slicing off 23.5% CGT.
Back when my great grandfather came to Australia he just jumped on a sailing ship and crewed his way , he did not have to deal with mountains of red tape and pay endless advisors for a path thru all the Govt regulations.
Thx
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Open | High | Low | Value | Volume |
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9 | 1268 | 13.200 |
4 | 631 | 13.190 |
4 | 963 | 13.180 |
4 | 772 | 13.170 |
Price($) | Vol. | No. |
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13.230 | 439 | 14 |
13.240 | 1172 | 13 |
13.250 | 1197 | 18 |
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