I stayed on for quite some time after my accreditation, that's where i had to do my practice, right.

I had my undergraduate years the hard way back then.
My mum was with me from yr1, plucking at Mornington for 5 years for my tuition fees, of  course me part time like a horse too. Surely, I would not be going away so soon after the hard work.

I took my practice to SG too.
Just be where it fits best to you.

Then not that bad. Thought will be like 40% tax. Btw as a foreigner there, does the medical insurance goes up in price as we age like Malaysia or you get to lock in the price from the moment you purchase it?

You are so fixated with tax, but did you realise your single tier dividend already includes 30% tax paid?

Medicare is not private insurance. It’a a universal healthcare scheme where PRs and Citizens are given access to free healthcare. On top of the income tax rates, you get taxed another 2% (from your taxable income) under the Medicare levy. With a taxable income above $180k, there’s an additional 1% - 1.5% Medicare levy surcharge that gets added on top of the 2%. The surcharge can be circumvented by taking up private health insurance.

Private health insurance here works very different from medical insurance in Malaysia. It’s highly regulated and age does not have any bearing on the premiums. Insurers can apply to increase their premiums with the government once a year.

I don't like that I am getting tax on dividends at more or less same rate with my salary. I am getting my dividends tax free in Malaysia. And no I am talking about franking credits as I am not interested in Australia stocks.

That’s fine, you do you. I’m not here to give tax advice.

MY has moved on to single tier regime while AU still has franking credits so I’m a little confused by your last sentence.
In any case, I’m sure you know what you’re doing so will leave it at that.

I think I will give you an example
Malaysia tax resident
Say I earned SGD10k in dividends from sg, I get to keep the full amount of dividend cause it's not taxed by Malaysia govt.

Australia tax resident
Say I earned SGD10k in dividends from sg, now this SGD10k will be added into my income tax. I don't get to keep my full SGD10k.

Hopefully it's clearer now.

In first scenario, the 17% tax paid is not recoverable.

In second scenario, the gross 12k dividend is added to your income while the 2k tax paid is claimed as a tax offset in AU.

Depending on your individual circumstances/structure and foreign country dividend tax rate, you may either get a refund back or have to top up.

—

So I agree, there is a scenario where you may be worst off as an AU tax resident, but it must be said there is also a scenario where you might be better off.

Again, not tax advice.

Okay, allow me to share my thoughts and pardon the wall of text.

For visa subclass 189 (skilled independent), looking at the last few invitation rounds, the last round Architects were invited to apply was two rounds ago back in December 2022, but the points cut-off was 85. Prior to that, there October 2022’s invitation round had a points cut-off of 65. Going further back, there hasn’t been any ITAs issued for Architects since 2020 (and possibly earlier as I haven’t gone through older data).

May I know why she wasn’t invited to apply back in October? If I had to take a guess, your daughter hasn’t submitted an Expression of Interest (EOI) through SkillSelect yet, which is a huge no-no. Regardless of what her score is at this point, I would suggest her to submit her EOI ASAP and start gathering all her documents required for the application (e.g. IELTS cert, skills assessment, relevant forms, etc.). Ideally, this should’ve been done once she’s gotten her degree. What this does is, it puts her in the queue immediately and she won’t miss any chances just in case a surprise invitation round comes up. Also, being in the queue early helps as well.

Let’s take an example where there’s a pool of 200 EOIs for Architecture where 50 EOIs have above 80 points, 100 have exactly 80 points and the remaining 50 scored below 80. The order of priority for invitation is first based on points, followed by EOI submission date. Say, if your daughter is sitting at 80 points and she’s number 101 in the queue, but the the quota for ITAs is 100, then your daughter is going to miss out even if the points cut-off is 80. The first 50 EOIs with points higher than 80 will get their invitation, while the next 50 ITAs will go to those with 80 points based on the order of their application date.

I would suggest her to submit an EOI through SkillSelect ASAP for both visa subclass 189 & 190 (Victoria). I reckon she might receive her ITA quicker through 190 than 189, considering she’s already working in Victoria.

I won’t be able to advise further without stepping into uncharted territory, but other than submitting her EOI, I would suggest her to look into the following items:
1. Requirements and chances of getting ITA through subclass 190 via Victoria’s state nomination
2. Extending her TR
3. Checking with her employers on possibly getting them to sponsor her through subclass 186

I remember back when I applied for my 189, I was able to find details on the number of ITAs the Department of Home Affairs plan to issue each year and the number of EOIs in the pool. I can’t remember where I found those details, but if you’re able to do so, that will help you gauge when she’ll potentially get her ITA.

Now, please do not take what I’ve said as migration advice, but as a rough guidance. If your daughter feels overwhelmed with the process, please consult a reputable, registered MARA agent.

What 17% tax for first scenario? There is no dividend tax from Sg side or Malaysia side. So if I am paid SGD10k from sg side, I get to keep the full SGD10k. That's not the case if I am Australia tax resident.

Btw, what is this "while the 2k tax paid is claimed as a tax offset in AU."? It's based off  your tax bracket if I am not wrong. So if you are in the say 32.5% tax bracket, the dividends from sg side will be added further to your income tax and will be taxed at 32.5% too  (provided it didn't cross the limit of AUD120k) even though it's tax free from sg side and would have been tax free if you are a Malaysian tax resident. That's 32.5% loss just like that.

Hopefully it's clearer now.

I suggest Aus is not for you. You have no interest in career, family  and life outlook apart from your investments and their returns. 

I know what you mean. This is an open forum, there are ppl reading.

Just don't poke the bee hive for the sake of you making a point. (you have been harping on this way too long. Just keep, enjoy your SG dividen).

Whose door are you trying to knock?

Tax structure can be changed as deem fit by one gov.

A wise man would not spoil a  tasty soup (for himself too). You are not the first nor the last.

Hope you can read me well

No one's door.

Reason is I can FIRE if I dont move to Australia. With all the taxes I don't think I can FIRE. Maybe yes but take longer (which I don't want to wait). The reason for FIRE is to have early retirement and enjoy life.

I agree and I already start seeing the changes in Malaysia even though it's still cheap for now. 3% tax Vs say 32.5% tax.

You do you.
You don't seem to read me, you are knocking on lhdn door.

Be wise and not going around with a drum and trumpet on my tax free SG dividen income. You want otherwise?

Bro, they already know long time ago.

Lhdn already said they are going to tax all foreign source by 2025 or 2026 (can't remember which) that are remitted into Malaysia at 3%.

It was supposed to be implemented this year but huge backlash hence postponed.

I was looking at UK and Canada too and they have tax shelter stuff their resident for retirement. Australia only have super and that's even tax 15%.

All the best to you. Yes, there are many options

Maybe I am just stupid that I can't find any tax shelter in Australia for retirement purpose or maybe it just doesn't exist apart from super.

All the best bro, whatever your objectives are.

I won’t comment further as I might be wrong and don’t want to mislead or give wrong advice.