Great exchange rates.Check with your CPA, but I don't think you pay any taxes just to transfer the money.The US laws do extend worldwide though, so potentially you will have to pay something on the capital gains, but you do that probably even if you don't transfer the money back to the US.We do have a 1031 exchange law, but I don't think you can 1031 funds from Australia to US investment property, but you might ask a 1031 expert about that.You might also check to see if Australia has any kind of tax treaty with US so that you don't pay double taxes. 

What DOES apply is the fact that the US taxes its citizens on their world wide income.

pid=20601087&sid=ayHp841RcKAY&refer=worldwide Citigroup, Bank of America May Look

NatGas is the only feasible alternative to oil, though it's not as inexpensive as TB Pickens suggests.He's finally driving home the REAL advantage - that it IS an alternative nd can be used to put Arabia back where it belongs - on the dunes, looking for WATER, not more oil to use as a weapon against the willing worldwide sheep.Israel will probably be attacked for having another handle on the levers, but they're rather used to being attacked now.

Home school my children so we could travel worldwide--I would invest overseas too.

here's an idea *evil grin* why not create credit for other countries and sell them things they don't need at high retail prices that will decline in value, then they will have to pay interest (after qualifying the customers of course). and also buy high profit investments worldwide (mainly cash producing ones that increase in value), particularly businesses with low overhead and start-up/acquisition costs. might it tip the scales more in our favour if we stopped being the ones spending and started being the ones investing, as a country?

(and worldwide, actually) come from Ecuador, I'm guessing that a lot of money is flowing into that country.

All world-wide income of a US citizen or resident alien is taxed unless specifically excluded by statute. 

Since you reside in CA you must report all income earned world wide on your CA and federal income ta returns.

He has been under fire from multiple Govt's worldwide, and lost his Paypal revenue generator.