Foreign Currency

Working overseas an as Australian expat presents itself with a lot of opportunities, including career development, life experiences and potentially improving your financial well being. However one issue that must be managed is that you will most likely be earning the majority of your income in a foreign currency rather than in Australian Dollars (AUD).

When most expats leave Australian shores, more than likely you will still have financial obligations in Australia to maintain. Some of these may include:

  • Repayments on your home or investment property loan
  • Paying for school fees in Australia
  • Transferring money to family members back in Australia

 

General Advice Disclaimer

The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Atlas Wealth Management Authorised Representative before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Atlas Wealth Management nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.