Contributing to your Superannuation Fund Whilst Living Overseas!
Have you considered contributing to your Australian Superannuation fund whilst living overseas? Did you know that generally you can only contribute a maximum of $100,000AUD per financial year up to the age of 65? Depending on when you return to Australia, this could significantly limit your ability to contribute to the lifetime allowance of $1.6m.
- You do not have to be an Australian resident
- Investors must be over the age of 18 and have attained the age of 55 for UK pension transfers
- An Australian Tax File Number is required
- Overall maximum investment is $1.6 million AUD over your lifetime.