Maximising Australian Superannuation: A Key Strategy for Returning Expats in 2025
We've been working with several Australian expats in Hong Kong and Singapore who have spent over 20 years abroad and are now planning their return to Australia in 2025.
A common theme? Many have accumulated significant global wealth but still have relatively modest Australian Superannuation balances—an often underutilised yet tax-efficient structure for returning expats.
For those repatriating, superannuation remains an attractive tax shelter, and there’s a valuable opportunity to make sizeable contributions before the financial year ends on 30 June 2025:
✅ Each individual can contribute up to $120,000 in non-concessional contributions ✅ Couples can collectively add $240,000 towards their individual $1.9 million Pension Caps
(The Pension Cap is the maximum amount of super you can transfer into tax-free retirement income streams during the 'retirement phase' of superannuation. For the 2024-25 financial year, this cap is $1.9 million.)
🔹 From 1 July 2025, take advantage of the ‘3-year bring-forward rule’ to contribute up to $360,000 per person, with the ability to repeat this strategy in four years.
Over a 4-year period, an expat and their spouse could contribute:
📌 $120,000 each before 30 June 2025 📌 $360,000 each in the 2025-26 financial year (triggering the bring-forward rule) 📌 Another $360,000 each before 30 June 2029
That’s $880,000 in total, which—when invested—could place them well on their way toward the Pension Cap.
For returning Australian expats, a well-planned superannuation strategy can provide long-term tax benefits and financial security. If you're navigating your repatriation, now is the time to plan.
Best wishes
Regards,
Dale Hoy
m) +61 419 364 994
Here are 3 ways I assist Australian expats plan their repatriation.
1 Download my checklist on the 7 key areas for Australian expatriates to start exploring with their advisor.
2 Register for upcoming Round Table- Repatriation Ready: Tax Insights for Australians Returning from Asia" Wednesday 12th March, 2025 at 7-7.45 pm HK/Singapore time/8.00pm Tokyo time.
3 Book a private conversation with me at your convenience.
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