What’s Driving Property Market Moves Among Aussie Expatriates?

Have you been keeping an eye on how the world's reopening is influencing the choices of Australian expats in the real estate market? Wondering if the trend of returning home is on the rise or if new destinations are emerging as hotspots for Aussies living abroad? What's really happening now that the world is opening up again?  Are Aussies flocking back home, or are they still loving the expat life?

In today's episode, we sit down with Brett Evans from Atlas Wealth Management to get into the real deal about Australians living overseas and their impact on the property market. He's seen it all and knows the ins and outs of why Aussies are choosing to live where they do.

We also tackle money matters as we all know that while living abroad can be exciting, it also comes with its own set of financial challenges. So Brett gives us the lowdown on taxes, investments, and all that important stuff that can make or break the expat experience.

Tune in and let's dive right into the world of Aussie expats and understand their impact on the property market.

Episode Highlights:

00:00 - Introduction

01:02 - Who is Brett Evans?

01:56 - How has the expat community evolved in the years following 2021?

05:06 - Brett provides insights into the tax implications for expatriates working globally

10:50 - Is working for Australian companies from overseas becoming more common?

13:52 - Three distinct silos or groups identified in expatriate perspectives

15:13 - Factors affecting property buying behaviour among Australian expats

22:52 - Tax implications for expats when they return to Australia for a limited period

24:01 - What concerns arise for Australian retirees regarding asset sales when retiring abroad?

27:36 - How proper advice mitigates the risks of costly decisions for expatriates

31:49 - Horror stories about mistakes people make when purchasing property abroad

35:45 - Are there noticeable patterns in expatriates moving and returning?

40:35 - What considerations shape investment choices for Australians overseas?

45:50 - Does Brett consider the 2021 policy on expatriate properties short-sighted?

49:00 - Brett Evans’ property dumbo

About Our Guest:

Brett Evans, founder and Managing Director for the EMEA region at Atlas Wealth Management, boasts over 24 years in finance and investments, with roles at major firms like ASX, HSBC, Suncorp, and Citigroup. Specialising in financial advice for Australian expats, he established Atlas in 2011, serving clients across 38 countries. A seasoned expat himself, residing in Dubai, Brett holds a Bachelor of Commerce and various financial diplomas. Both he and Atlas Wealth Management have received numerous awards for their outstanding advice to Australian expats.

Connect with Brett Evans:

• LinkedIn https://www.linkedin.com/in/brettaevans22/
• Website https://atlaswealth.com/

Resources:

• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au
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• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.blusk.au
• Work with Chris: hello@blusk.au

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