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Readers’ forum: Returning to UK

11 February 2020
Issue: 4731 / Categories: Forum & Feedback
Australian superannuation and overseas investment fund.

My client was born in the Republic of Ireland and has always worked and paid taxes overseas. He emigrated to Australia from the Netherlands in 1989 but is working currently in Laos. He holds joint Australian and Irish nationality.

He has a superannuation scheme in Australia with a value of about £600 000 which was accumulated over 17 years while working in Australia.

The client has also paid £150 000 into an investment fund based in Guernsey while working in Laos for the past 11 years. He has owned a house in the UK for three years with his English wife who lives here. There is no other income.

He has visited the UK for fewer than 90 days each year over the past three years and will be 60 in September at which point he can access the Australian superannuation tax free as long...

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