23 August 2019

Richard Marsden

Director - International & Executive

My team and I have travelled to Hong Kong regularly over the years and have met many Australian expats calling the city home, helping a good number with professional advice to plan and repatriate to Australia. Those who come to our seminars know that we aim to educate Aussie expats about the key issues in calling Australia home again: residency, taxation, investment (including superannuation) and retirement strategy.

Our knowledge is given freely and people can opt in to further engagement if they so desire. As an expat myself (living in New York and working out of Australia), I have a direct, personal knowledge of issues affecting Australians living abroad and do enjoy working with fellow Aussies who have pursued career and lifestyle goals overseas. I have a professional niche, so to speak, and am one of the very few Australian licensed advisers who not only understands expat issues but has a team of accounting, insurance and financial planning professionals to support my clients and I.

We all really want the recent events in Hong Kong over the last month to settle down and move back to ‘business as usual’. Having said that, people are naturally concerned and we are receiving more enquiries from expats in Hong Kong who are seeking to understand Australian repatriation issues and put in place a plan to return to Australia if matters deteriorate over the short, medium or longer term.

For those based in Hong Kong, my colleagues and I at MGD Wealth are available to assist you with any financial issues. We can answer a one-off question, assist with specific financial project management or provide a comprehensive financial plan. Please let us know if we can help in any way and feel free to share this note with any friends and colleagues who might want some information or assistance.

Best of luck in the meantime and let’s all hope for a return to calm in the wonderful city of Hong Kong.

Disclaimer: This article is not intended to constitute financial product advice. Any information provided or conclusions made, whether express or implied, do not take into account the investment objectives, financial situation and particular needs of an investor. It should not be relied upon as a substitute for personal advice.