Moving to America

The conversation covers the impact of the federal budget and end of financial year on Australian expats living abroad. It delves into changes to trusts, negative gearing, and capital gains, providing insights into the implications for expats and their financial planning. The conversation covers the impact of budget changes on tax residency, property sales, inheritance tax, and compliance for expats. It also delves into the implications for investment property, family trusts, self-managed super funds, and the interaction with US taxes. The discussion provides insights into tax residency rules, considerations for property sales, and the importance of tax compliance for expats.TakeawaysFederal budget changes impact expatsChanges to trusts, negative gearing, and capital gainsImpact of budget changes on expats living abroad Tax residency rulesImpact of budget changesConsiderations for property salesInheritance tax and propertyTax compliance for expatsChapters00:00 Changes to Capital Gains29:58 Impact of Budget Changes35:06 Capital Gains on New Builds43:53 Tax Residency and Visa Status49:09 Selling Property Before July 2027

The conversation covers the USCIS memo on adjustment of status, the factors considered for adjustment of status, the impact on E3 visa holders, implications for future green card applicants, consular processing vs. adjustment of status, and the interview and decision process for green card applications. The key takeaways include the discretionary nature of adjustment of status and the importance of supplementing paperwork and providing evidence for successful applications.TakeawaysAdjustment of status is a matter of discretion and administrative graceSupplementing paperwork and providing evidence is crucial for adjustment of status applicationsChapters00:00 Introduction and Disclaimer06:48 Impact on E3 Visa Holders18:04 Consular Processing vs. Adjustment of Status25:55 Interview and Decision Process

The conversation covers the introduction to estate planning and wills, the role of an estate planning attorney, the importance of holistic estate planning, the need for separate wills for different countries, domicile and jurisdiction in estate planning, guardianship and child custody, and the process and timeframe for wills and guardianship. The conversation covers estate planning basics, the importance of a revocable living trust, estate tax and inheritance rules for non-citizens, the impact of domicile on estate planning, and the complexities of cross-border planning. It also addresses common estate planning myths and outlines the estate planning process, including the role of wills, healthcare proxies, and power of attorney documents.TakeawaysHolistic estate planning is essential for a comprehensive approach to asset management and guardianship.The process of wills and guardianship can take a significant amount of time, and it is important to plan ahead for these legal matters. Understanding the importance of a revocable living trustConsiderations for estate tax and inheritance for non-citizensChapters00:00 Introduction to Estate Planning and Wills05:26 Do You Need Separate Wills for Different Countries?21:08 Guardianship and Child Custody28:04 The Process and Timeframe for Wills and Guardianship34:53 Estate Tax and Inheritance40:47 Guardianship and Domicile50:27 Estate Planning Myths55:35 The Estate Planning Process

In this episode, John Versace from Apt Wealth Partners covers managing Australian assets while in the US, including financial planning, superannuation, tax implications, and investment strategies. It also addresses the complexities of cross-border financial management and the importance of professional advice. The conversation covers a wide range of topics related to financial and tax considerations for Australians living in the US. It includes discussions on property investment, loans, stamp duty, trusts, credit, cash in bank accounts, exchange rates, and retirement accounts. The conversation emphasizes the importance of seeking specialist help and understanding the individual nuances of each person's financial situation.TakeawaysCross-border financial managementTax implications of Australian assets in the US Property investment considerationsTax implications of cash in bank accountsChapters00:00 Introduction to Managing Australian Assets in the US08:15 Contributing to Superannuation While in the US14:05 Tax Implications of Self-Managed Super Funds and Investments19:14 Interaction Between Financial Advisors and Accountants24:38 Contributing to US Retirement Accounts and Tax Implications29:59 Tax Implications of Property Investments in Australia and the US45:21 Cash in Bank Accounts and Exchange Rates51:28 Financial Planning and Personal Strategy

In this episode, Zjantelle Cammisa Markel from Cammisa Markel and America Josh unpack the recent surge in visa revocations related to past arrests for DUI or controlled substances. If you're on a non-immigrant visa, this conversation clarifies what’s happening, what it means for your current and future status, and how to protect yourself.Chapters:00:00 Live Setup and Link Fix01:17 Why This Emergency Webinar02:18 Disclaimer and Ground Rules03:44 Key Warning Do Not Travel04:34 What Visa Revocations Look Like05:39 Why Old Arrests Trigger Sweeps10:22 Who Is Affected Visa Types11:13 Arrests Expungements and DS16012:53 What To Do If Revoked In US15:29 Revetting Pathway and Documents18:22 Prudential vs Full Revocation20:06 Arrests and Travel Warning20:34 Dependents Tied to Principal21:09 Real Case Visa Revoked23:36 Planning for Reentry Delays24:11 Speeding Tickets and Warrants25:29 Where to Reapply for Visa27:01 Extensions and Inadmissibility Risk28:06 No Way to Check Revocation28:38 No Official Policy Announcement30:05 Multiple Visas Can Be Revoked31:34 If You Must Leave Anyway32:38 Reapply Checklist and Wrap Up

Every week, around 200,000 visas are issued for people moving temporarily and permanently to the United States. All of those new arrivals have questions about how to move, what to do first, and how to live their life in America; and all of them have stories about how they got here. So every Wednesday, we'll be connecting with professionals, expats, and interesting people from all over the world to learn together and make your own move to America easier, and much more fun.Support the show