I am an Austrlian citizen living overseas. I am NOT a resident for tax purposes.
i am trying to set up a term deposit in Australia.
ALL the banks require me to be a permanent resident or citizen LIVING in Australia.
is there a way around this?
That is a bank issue - not a tax issue.
That is a bank issue - not a tax issue.
Thank you for replying.
i understand. that makes sense.
however i find it surprising that ALL the banks require residency. perhaps the banks are unaware that there is no tax issue here?
BTW, for the past 10 years or so, i have never had an issue with this! It is only NOW that they have added this requirement.
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