My wife and I intend to retire to France, purchase a house and live off the earnings of our Australian superannuation investment. We also want to have access to Carte Vitale. Several issues arise with respect to this scenario:
• What are the ATO tax implications for both capital and returns on our Australian super fund if we are no longer residents of Australia for tax purposes?
• What is the tax liability under French tax laws for funds drawn down from our Australian based superannuation account?
• How can we access Carte Vitale and what will it cost pa?
I do someone can assist with this inquiry as it is extremely difficult to get definitive advice from a reputable and reliable source. The ATO web site has no information and it is virtually impossible to contact for advice. Many Australian expatriates make comment on a variety of blogs but much of the information is conflicting. Given the gravity of moving to France we need to have accurate and current advice to inform such an important decision.
I look forward to informed comment, preferably based on first hand experience. Thank you.