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Foreign Residence tax and Superannuation

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angkery
3/24/2016 11:44 EST

Hi Guys I am new to this forum. I recently moved to Thailand last year and am retired at 55. I am an Australian citizen and have a property back in Oz which will attract 32c tax for every $ earned as income, the balance is mine after outgoings, so its pretty skim to retire on in Thailand, however I have a few years back up reserves. My question is does anyone know how to get around all of this non resident tax crap when your out of Australia for more than 183 days and what happens to my superannuation when I turn 60, I thought there was no tax payable if I take it at 60 as a lump sum, but I am told as a non resident you also pay 32c in the $ on your superannuation ? Feedback/advise is much appreciated from any Aussie expats who are in a similar bind.

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