Foreign Superannuation Plans
Build, protect and preserve your wealth.
With our retirement 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 to help you navigate the complex regulations and develop a tax plan tailored to your specific situation.
With 30 years experience, you’ll be in good hands with InterRetire.
Features of an InterRetire Plan
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Flexible contribution options with no statutory limits.
Flexible withdrawal options (lump sums and pensions).
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Open investment architecture( cash, bonds, property, listed equities, private equity) and the option to appoint third party investment managers.
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Earnings in the plan are tax free, with no tax at source.
No Australian tax on capital contributions or income earned as a non-resident.
A foreign superannuation plan enables members to manage tax liabilities on return or relocation to Australia.
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Single flexible,regulated offshore structure to hold global wealth
Various tax, estate and succession planning strategies on retirement
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Independent Australian repatriation and relocation planning advice available from
Tax, legal, insurance, migrant and personal financial planning specialists.
Want to learn more about the 7 key areas you need to address if you are planning on repatriating or relocating to Australia?
Frequently Asked Questions
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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