Moving to Australia? Don’t make these financial mistakes

Send us Fan MailIf you're in Australia on a visa, you might be wondering what you can and can't do with your money. The rules can feel like a minefield, but there are smart ways to make progress if you know how to play it.In this episode, Billy sits down with financial adviser Fei Kong to unpack what non-residents need to know about investing, saving and building a future in Australia. They cover common mistakes to avoid, how tax residency really works, why a tax file number is a must and what you need to think about before buying property.Fei also shares her own experience coming to Australia as an international student, plus the mindset shifts, cultural differences and legal steps that matter most when starting out in a new country.Whether you’re on a temporary visa, new to Australia, or just trying to get your head around how the system works, this episode is packed with practical advice to help you make smarter money moves.----Want to find an Adviser that suits your financial needs:https://www.linkwealth.com.au/Get in touch with Josh: https://www.linkwealth.com.au/josh-lee-link Get in touch with Billy:https://www.linkwealth.com.au/billy-norman-linkJosh's TikTok:  https://www.tiktok.com/@joshleefinadv Billy's TikTok:  https://www.tiktok.com/@billynormanfp    Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified   Our Financial Services + Credit Guide: https://www.linkwealth.com.au/financial-services-and-credit-guide ----    General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.