Australia
Oceania Β· AUD
19
Opportunity score
Challenging
High wages, great lifestyle, strict but clear immigration paths.
Tax profile
Key tax rates for individuals and businesses.
Lifestyle & quality of life
Scores are on a 0β100 scale unless shown as index.
For Americans & Canadians
πΊπΈ US citizens note
Even if you move to Australia, you still file US taxes on worldwide income. The Foreign Earned Income Exclusion (FEIE) can shield up to $132,900/yr of earned income. Whether the Foreign Tax Credit or FEIE is better depends on Australia's tax rates and your income type. Ask the AI for your specific situation.
π¨π¦ Canadian residents note
Moving to Australia as a Canadian non-resident means Canada only taxes your Canadian-source income. A "departure tax" applies on deemed asset dispositions when you leave. Check whether Canada and Australia have a tax treaty, which determines withholding rates on pensions, dividends, and RRSP withdrawals.