Originally Posted By Bonesie
Originally Posted By Gambalunga
I have invested in a lending fund in Australia which gives good rates.


Do you have a link please Peter ?

I'll send it to you by a PM.

The only reason I am in it is because my funds are in Australia having lived there until 16 years ago. You should be aware that if you invest in Australia you may have to pay income tax in Australia as well as in your country of residence. There is usually bilateral agreements to avoid the possibility of double taxation but you may need the advice of a tax agent in Australia.

There also seem to be various problems and obstacles set up to stop non-residents investing in various funds in Australia at the moment. I think they have tightened up because of new laws to stop money laundering and terrorist financing.

Right at the moment is a good time to invest in Australia for foreigners because the $AUD is very low because Australia has been caught in the backlash of the US China trade war.

Always seems to happen when I need to transfer some funds swear banghead juggle


Peter

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