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Chris Belerhas. Source: Supplied
Tax changes for Australian expats' main residence
Australian expats to face tax slug under changes to main residence's capital gain changes. Source: Wikipedia
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Published 6 January 2020 11:30am
Updated 15 August 2022 2:51pm
By Panos Apostolou, Alexandros Logothetis
Source: SBS
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For decades, Australians living abroad, including many Greek Aussies in Greece and in Cyprus, have been able to claim the capital gains tax (CGT) exemption on the family home. Not any more! Australian property owners living overseas have until the end of June to sell their homes if they want to avoid big capital gains tax bills. SBS Greek talks with finance analyst Chris Belerhas.
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