Game on or game over: The pitfalls of SMSFs investing in overseas assets

February 23, 2024

Presentations, Technical Resource
Investment standards

National Conference 2024

Investing in overseas assets offers SMSF trustees opportunities for diversification, but it comes with unique challenges that require careful planning. This session focuses on key considerations ranging from regulatory compliance and financial risks to asset management and exit strategies. Meticulous due diligence and robust risk mitigation are essential for navigating the complexities of international investments and ensuring audit readiness. Gain a comprehensive understanding of the pitfalls to be weary of to make sure your clients’ SMSFs remain compliant in the global investment landscape.

Following this session you will be able to:

Understand key Australian investment rules to build an awareness of the key regulatory compliance issues when investing in overseas assets
Identify and explore currency, tax, and cost factors effectively to mitigate associated financial risks.
Analyse and explore the key audit risks for SMSFs investing in overseas assets.
Be equipped with the knowledge to deal with the ongoing management of overseas investments and planning suitable exit strategies.

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The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association