u/Federal_Ride_7976

Hi,

I relocated 6 months back from Australia. I have ETFs/stocks and cash over there. I recently consulted a financial advisor who suggested I make a notional sale of my ETFs which would mean I pay the taxes based on the returns on my last day in Au. It's not an actual sale, so I still get to let the money grow in AUD.

When I plan to liquidate the fund, I don't have to show it my Australian tax filing as it's already been taking care of due to the notional sale.

This sounds good to me but would like to get advise on anyone who has done this or have better suggestions with managing stocks in Australia.

Thanks!