>FWIW, if you can secure "temporary resident" status in Australia, you can avoid tax on any business you held anywhere in the world before you arrived. So a successful US businessman could go and live on the Gold Coast, transfer all profits from the US business to Australia, and pay no income tax whatsoever. The purpose is to draw in successful businesspeople/entrepreneurs who will hopefully do it again in Australia. Those aussies are smart.

I like it. I was just about to load up and head that way. I thought I was a millionaire, until I figured out it was "assets" they were talking about!

Alas, I'm only a thousandaire.