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transferwise

Will I Be Taxed For The Money Brought To Australia?

Tax implications of money brought to Australia

Disclaimer: This article contains affiliate links. If you opt the services mentioned in the article via my links, I do get a small commission at no extra cost to you. Thank you for your support!

Recently, one of my colleagues sold her house in India and she wanted to bring that money to Australia. However, she wasn’t sure about the tax that she might have to pay in Australia.

I wouldn’t say her fear was entirely unfounded. The laws around finance and tax implications in Australia are often unclear and open to interpretation. You don’t want to go through all the hoops to send money to Australia from overseas only to pay hefty penalties here.

I often get questions from Aussian readers around transferring money in and out of Australia and the taxation aspect thereof. This article will try to answer those questions.

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Filed Under: Expat Life Tagged With: money transfer, tax treaty, taxation, transferwise

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Hi! I am Harsh. Welcome to Aussian - a unique place where I share my journey of moving from India to Australia and my experiences "Down Under". I hope that the information I share will help with your own preparations.

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Though largely advertised as “Australian for beer” overseas, Foster’s is not a popular brand in Australia. Also, though it is branded as Australian, the beer is produced in Great Britain.

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