The deal is the latest in the partnership programme FEIFA launched last year.
According to Elston Partners, its Managed Discretionary Account (MDA) allows Australian expats to own a portfolio of investments, which is managed on their behalf.
Upon return to Australia, the portfolio can be liquidated “free of all taxes”, or clients can choose to continue the MDA by transferring into a domestic version of the scheme, at no cost.
“With over one million Australian expats living overseas, this provides an excellent opportunity for our members to provide a quality service that falls outside of their normal scope,” said FEIFA chief executive officer Paul Stanfield.
“This is potentially very attractive to them of course, extending their business capabilities and increasing long-term income streams.”
FEIFA, a non-profit trade association for English-speaking IFAs based in continental Europe, represents more than 300 advisers. The federation was launched in 2009.
