Non-Australian Resident Investors

There is no restriction on non-resident investment in Australian stocks.

Your first step in opening an account is to email or telephone – whichever is more convenient for you. Our Directors travel the globe regularly if you would like a personal meeting.

You will have ample opportunity to discuss your requirements, ask questions about our portfolio service, investment methodology, performance record, and any other questions you may have.

Please note that our minimum portfolio for management is $5,000,000

Discretionary or Non-Discretionary Management

Portfolios are managed on either a Discretionary or a Non-Discretionary basis.

Discretionary management means we make decisions and take action without first referring to you.

Non-Discretionary management means that portfolio recommendations and changes are first referred to you for your approval before action is taken. You maintain control.

Whether Discretionary or Non-Discretionary, we invest and manage in terms of an overall investment mandate approved by you.

Non-Resident Withholding Tax.

Withholding tax on payments made to non-residents is deducted at source by the company or institution making the payment.

Interest payments are subject to 10% withholding tax.

Dividends paid by companies which have themselves paid the standard Australian 30% corporate tax on their profits, are paid to non-residents free of any withholding taxMost dividends fall into this category and are called “fully franked” dividends.

If the dividend paid is partially franked or unfranked, that portion which is unfranked is subject to 30% withholding tax. However, if an unfranked dividend is paid to a resident of a country with which Australia has a tax treaty, you may be required to pay less withholding tax or no tax at all.

Tax treaties are special agreements that Australia has entered into with over 40 countries including China, Eurozone countries, India, Philippines, Russia, UK, and the USA. Generally, the withholding tax is 15% on unfranked dividends paid to non-residents of a country where Australia has a tax treaty.

Generally, any overseas withholding tax paid in respect to foreign sourced income, is offset against a resident’s local tax liability. However, you need to confirm that this applies in your own country.

Absolute Security

You have absolute security. We have limited authority to electronically view and manage your portfolio, however we never have physical access to your securities or bank account.

Your securities and transactions are locked to your bank account, giving you absolute security. 

You have sole signing and transfer authority to withdraw funds, and online access to your bank account at all times.

Buy and sell stock transactions are made through your bank discount broker, and settlements are locked to and can only settle to your bank account.

Stocks are registered directly in your name.

Dividends are electronically paid by the companies in which you invest directly into your bank account.

Australian banks are among the largest, safest and best managed in the world and have top global credit ratings. The Australian government guarantees deposit up to $250,000.

We formally report to you quarterly, and annually provide a tax statement of income received.

Please call or email if you have any queries to – [email protected].