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If I move countries what happens to my shares?

Gorilla,

In the event of a 'long holiday', you'd still have to submit a tax return each year right? I've been abroad for over 5 years. How long would constitute a 'long holiday'?

Ty.

Technically if you're in the other country for more than half the year and earn an income there you are a non-resident in Australia for tax purposes.

Five years+ is too long to be on holiday for tax purposes IMO. Particularly if you're earning an income in that country.
 
You can change you postal address to a foreign address. The online broker such as comsec or any will allow to do so.

The disadvantage is you are classified as foreigner if outside ANZ. So a lot of freebies you are excluded, such as placement, right issue, SSP, spin-off, priority allocation, etc, and etc.

If you have an US address, NAB, BHP, NWS.... a bunch of companies will cause you a lot of trouble for dividends. You have to fill a bunch of forms to say you pay tax in Aus, etc.
 


what state did you move to? Not to Virginia, by any chance?
 
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