Financial Adviser for Australian Expats in Singapore

Career opportunities are widely available for Australians working in Singapore who are also living abroad; however, managing finances internationally can be challenging.  Professional financial planning is necessary for long term security and compliance which includes managing Australian tax obligations, investment planning, and retirement planning.

Managing Cross Border Tax Obligations

For financial advice for Australians in Singapore, one of their most difficult financial issues is working through their cross-border tax obligations in both countries.  The first step to successfully managing these obligations is determining your tax residency status as this will ultimately determine your tax obligations and potentially how you will be taxed on your global income.  A good plan and financial guidance will assist in avoiding paying tax in both locations and provide guidance on fully complying with each country's tax laws.

The currency of the country where someone earns income is generally not their own. However, if someone is living and earning in Singapore dollars, they hold Australian dollar assets; thus, there is a currency risk associated with this scenario. The exchange rate (foreign currency) will impact overall returns on invested assets.

So, by diversifying a portfolio with a mix of international stocks, fixed income securities and Singapore-based investments, reduces the overall risk of it. Also having a properly executed currency management strategy and not exposing oneself to unnecessary risk will be important to help secure the wealth (assets) over the long term.

In addition to the above considerations regarding managing superannuation, a unique situation exists for Australian expats living in Singapore because they do not receive the benefit of the Central Provident Fund (CPF) through the Singapore government as do all citizens of Singapore.

As a result, developing an independent retirement plan is paramount for Australian expats living in Singapore. Planning for retirement usually involves a combination of superannuation, other forms of private pension plans and international investment strategies to create a long-term secure retirement fund based on the retirement goals of the individual.


Part of living abroad includes having adequate financial protection and risk management to provide for unexpected outcomes. For example, obtaining adequate health, life and income protection insurances is essential to protect oneself while living abroad. A financial adviser can help you determine the type and level of insurance you need based on your unique situation and the health care available in that country.

Choosing the Right Financial Adviser

Selecting a Financial adviser for Australians expats Singapore with experience in both Australian and Singaporean financial systems is vital. Expats should look for professionals who offer transparent fees, independent advice, and a comprehensive approach to financial planning, including tax, investment, and estate considerations.

Location: Beach Rd, Singapore

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