You really should see an accountant as this could be a complex...

  1. 287 Posts.
    lightbulb Created with Sketch. 91
    You really should see an accountant as this could be a complex matter.

    As you are on a Temporary Visa it is possible that you meet the definition of a Temporary Resident subject to a few tests and potentially a Double Tax Agreement.

    If you do meet the definition of a Temporary Resident , but for the exception of Taxable Australian Property (a term defined in the 1997 Act) capital gains are exempt.

    Have a look at the following link for some more info, but I highly reccomend you see an acvountant as this is an area that csn become quite complex based on your circumstances and no answer on a public forum will be sufficient to cover off on the issues relevant to your circumstances.

    https://www.ato.gov.au/General/Capital-gains-tax/International-issues/Foreign-residents-and-temporary-residents/
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.