I am new to share market. I am currently a Malaysian citizen which holds NZ permanent residency. If I buy Australia shares/index, is it the best for me to open an account directly in Australia? If yes, should I open it as a New Zealand PR or as a Malaysian citizen? Would it be better tax benefits if I open the account under my child under 12 years old?
I am trying to work out the best tax effective account (which paid the less tax). Would be great if you know what is the best possible way for this. I intend to hold the shares for long term but might have some short term shares as well as time goes by.
