You can open an Australian bank account from overseas before you even arrive, but here’s the catch: only two Australian banks currently offer this option. You’ll need your passport, visa, and arrival date. Setting up banking before you land means you can hit the ground running instead of scrambling while jet-lagged.
Superannuation is Australia’s mandatory retirement savings system. Your employer contributes 11.5% on top of your salary (not deducted from it). If you’re on a temporary visa and eventually leave Australia, you can cash it out when you go. If you’re American, there are tax implications on your US return worth understanding early.
Open Australian bank account from USA before moving. Two banks accept applications 14 days before arrival. One requires no Australian address. Step-by-step guide.
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You're going to love Australia's Superannuation. For one, it's a 9.5% employer compulsory contribution. And you can cash it out when you move back home.
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