Foreign Superannuation Plans For Australian Expats & Migrants
Build, protect and preserve your wealth.
With our foreign superannuation plans you can accumulate and protect your global assets in a single, regulated offshore structure that can hold a wide range of assets with tax efficient and flexible withdrawal options.
As specialists in repatriation and relocation services, we focus on Australian-centric expatriates, migrants, and their families. Our foreign superannuation plans give you control of your retirement and tax planning.
You’ll also receive personalised support from our professional advisors with over 30 years experience to help you navigate the complex regulations and develop a tax plan tailored to your specific situation.
Benefits Of Our Retirement Plans
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Flexibility is crucial for individuals and their families living and working in various countries, both now and in the future.
InterRetire plans offer flexibility in contribution levels and allow withdrawals of pensions or lump sums from ages 50-75, regardless of your location.
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Having an international investment choice of currencies and asset classes aligns with a global lifestyle.
We provide open investment architecture, including cash, bonds, currencies, properties, private equity, and other portfolio assets, with the option to appoint third-party investment managers.
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Minimising taxes on retirement plan assets and income maximises after-tax retirement income, regardless of whether you retire in a high or low-taxed country.
Our plans ensure that earnings are tax-free with no tax at the source, no Australian tax on capital contributions or income earned as a non-resident, and offer a foreign superannuation plan to manage tax liabilities upon returning or relocating to Australia.
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You can take control of your retirement planning by establishing a secure plan to house retirement wealth, no matter where you are based now or in the future.
Our plans hold global wealth with regulated Trustees in secure offshore jurisdictions and include various tax, estate, and succession planning strategies for retirement.
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Given the added complexities with family wealth held in multiple countries, independent strategic advice is crucial to preserve and maintain after-tax wealth.
We offer independent Australian repatriation and relocation planning advice, supported by specialists in tax, legal, insurance, migrant, and personal financial planning.
Why should executives have a foreign Superannuation plan?
For many Australians, foreign superannuation plans (aka a retirement savings plan established in a country other than where they reside) can be a useful tool for managing retirement savings while living and working abroad.
Under Australian tax rules, a foreign superannuation fund is defined as a superannuation plan that is not based in Australia.
A fund established and centrally managed outside of Australia qualifies as a foreign superannuation fund.
This provides a tax-efficient way to grow their wealth until they repatriate or relocate to Australia compared to assets held in a foreign trust . An Australian beneficiary of a foreign trust is subject to Australian marginal rates of tax on the unrealised trust income and gains in the year earned.
Foreign Superannuation Plans FAQ
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The InterRetire Plan structure is similar to an Australian Superannuation Plan, comprising Regulated Trustee, Trust Deed, and Investment Mandate.The key difference is that InterRetire Trustees reside outside Australia ( that is Trustees that are non residents of Australia for tax purposes).
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InterRetire applicants have consistently obtained independent tax advice from current and former Top 4 International Chartered Accounting firms confirming that the InterRetire Plans are Foreign Superannuation Plans under Australian legislation.
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During the accumulation phase both as non resident or resident of Australia there is no tax payable
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The InterRetire Plans are all foreign resident schemes and a pension paid by an InterRetire plan will only be subject to Australian tax if the plan member is an Australian resident at time of payment.
The assessable amount of the pension is reduced by the Undeducted Purchase Price rules under Australian tax rules.
The calculation of the amount is based on the undeducted purchase price (“UPP”) of the pension.The annual deduction for UPP is calculated by the amount of UPP divided by the member’s life expectancy at the next birthday after pension payments commenced according to published Life Tables.
Specific advice should be sought concerning transfers of foreign superannuation benefits which are directed by the member (for the purposes of the definition of UPP where these contributions could be classified as member contributions and may form part of the deductible amount of the pension).
superannuation plan and subject to tax of 15%. Individual independent advice can be arranged to provide more personalised tax advice on both pension and lump sum withdrawals.
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• Retain a wide range of global assets in a single offshore structure
• Earnings in the plan are tax free, with no tax at source
• Retirement dates between ages 50-75 years
• Flexible contributions with no statutory limitations
• Flexible withdrawal options
• Flexible tax, estate and succession planning strategies
• Favourable Australian tax treatment compared to foreign trusts
