Until recently people with a HELP loan who moved overseas did not have to repay their debt as long as they remained offshore residents.
From 1 January 2016 no matter where you live, the requirements for repayment of a HELP debt are the same. All people with a HELP debt who exit Australia with the intention to work overseas for more than 6 months in a 12 month period will be required to notify the ATO. People who are already overseas at this time have until July 2017 to notify the ATO.
For more information about your obligations to repay your HELP loan please contact us on (02) 9908 9888.