Hi I’m an Australian citizen and hold a Maltese passport?I want to know if I am trading crypto can I open up a back account in Malta and release my funds in a Maltese bank account! Were I would like to purchase property.would I have to pay tax in Australia? information would be appreciated.
If you live in Australia, expect the ATO to want a chunk of your capital gains, releasing funds in another country does not change your tax residency status. Consult an accountant.