Geólogo Trader 🇦🇺

Geólogo Trader 🇦🇺

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Geólogo Trader 🇦🇺
Geólogo Trader 🇦🇺
What the hell I'm doing about tax & residency.
Tax & Internationalisation 🌎

What the hell I'm doing about tax & residency.

A tricky one I've avoided writing about for a while. Here is my tax and residency situation.

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Jordan 🇦🇺
Jan 09, 2024
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Geólogo Trader 🇦🇺
Geólogo Trader 🇦🇺
What the hell I'm doing about tax & residency.
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Tax accountants in Australia are useless outside of a basic return for the sheeple.

Even the so-called experts in capital gains regularly fuck-up tax returns.

Never forget they have zero liability.

My experience has been shockingly bad.

One year, they overlooked a whole heap of trades which majorly affected what I owed. I had to point out the errors for them to amend while copping their $550 tax return fee.

When I left Australia, I explored all the potential tax options I could go down.

Do I break ties with ATO (Australian Tax Office)? Do I seek tax residency elsewhere?

Taxes are even less fun when you position yourself to get lucky in the share market, and you get lucky.

But of course, that’s not a bad problem to have.

I’ve been living and travelling through Latin America for almost two years. In a nutshell, this is why I’m somewhat cornered with tax and residency.

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