Foreign Investment Finance

Welcome to our guide on residential foreign investment in Australia. As a foreign investor, you may be interested in investing in Australian property. Australia is a popular destination for foreign investors due to its stable economy, strong property market, and high standard of living. However, there are some important things to consider before making an investment.

1. Regulations

Foreign investment in Australian residential property is regulated by the Foreign Investment Review Board (FIRB). All foreign investors must obtain approval from FIRB before purchasing residential property in Australia. Approval is required regardless of whether the property is new or existing. The approval process can take up to 30 days, so it’s important to plan ahead.

2. Property types

Foreign investors are generally not allowed to purchase established properties for investment purposes, with some limited exceptions. However,
foreign investors are allowed to purchase new properties that have not yet been occupied or sold. This means that you can purchase off-the-plan properties or newly constructed properties.

3. Financing

Foreign investors may have difficulty obtaining financing from Australian lenders. Some lenders have strict requirements for foreign investors, such as larger deposits or higher interest rates. It’s important to research your financing options and consult with a financial advisor before making any
investment decisions. We have a panel of lenders who will lend to foreign investor depending on your type of Visa type.

4. Taxes

Foreign investors may be subject to taxes on their Australian property investments. This includes stamp duty, land tax, and capital gains tax. It’s
important to understand the tax implications of your investment and seek advice from a tax professional.

5. Property management

If you’re investing in a rental property, you’ll need to arrange for property management services. This can include finding tenants, collecting rent, and maintaining the property. It’s important to choose a reputable property management company that can help you navigate local regulations and ensure your investment is well-managed.

In conclusion, investing in residential property in Australia can be a lucrative opportunity for foreign investors. However, it’s important to understand the regulations, property types, financing options, taxes, and property management requirements before making any investment decisions. If you
have any further questions or would like to discuss your investment options, please don’t hesitate to contact us.