06-03-2006, 12:23 PM
...there's a new Bill . which is designed to attract a lot of top-class expert expats , to Australia ; the Bill has passed the first reading already , and might even become Law , by July ( hold thumbs ! Everybody ! ) , or maybe : Not ?
Briefly , it offers to exempt from savage and penalising Aus-taxation all the "passive income" , not received Down Under , by any Temporary Residents of Australia ;
which would then follow , to make Oz another Monaco/Andorra/Bahamas/Dubai , for the affluent players , whose money is stashed and yields : elsewhere/s...
and for the 10.000+ British 410-visa holders ,
known as currently living Down Under in "temporary" retirement...
Briefly , it offers to exempt from savage and penalising Aus-taxation all the "passive income" , not received Down Under , by any Temporary Residents of Australia ;
which would then follow , to make Oz another Monaco/Andorra/Bahamas/Dubai , for the affluent players , whose money is stashed and yields : elsewhere/s...
and for the 10.000+ British 410-visa holders ,
known as currently living Down Under in "temporary" retirement...