My spouse started working in Australia on a 482 visa and my child and I (NZ citizens) joined him several months later. We have a rental property in NZ (former primary residence) and investments in the US that generate 5 figures of dividends a year. There is no pathway for citizenship for my spouse as they are over 40 unless I am able to take out citizenship and then sponsor him so we will most likely be leaving in the next 3-4 years to return to NZ or possibly the US.
I am currently not working so have no income besides the rental property income (which is cash flow negative this year) and 50% of the dividend income.
This is our first year doing taxes in Australia (we have accountants in NZ and the US) so I am trying to figure out 1) do both my spouse and I need to submit a tax return and 2) is my portion of the rental income and dividend income exempt from Australia's taxation of WW income since I am a NZ citizen here on indefinite status.
We are trying to find an accountant here but it's still early stages.
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