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Foreign Investor
Information
Australia encourages
overseas Investors to purchase homes, apartments and property in
Australia.
Australian Property is
an easy asset to maintain from overseas. We at Property Investment
Essentials are experienced in assisting overseas Investors to purchase
property. We also arrange the management of the property on your behalf
by appointing qualified Property Managers to obtain tenants and fully
manage the Property.
Government legislation
ensures that the Tenants And Landlords rights are protected by law. Most
Property purchased in Australia is Freehold Title, meaning that it is
owned by the Investor.
Purchasing Guidelines
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" Australian Citizens
and Permanent Residents can acquire any property in Australia."
The Australian
Government through the Foreign Investment Review Board (FIRB), regulates
the sale of Australian Property to overseas persons and corporations.
Most of the properties Property Investment Essentials recommend qualify
for purchase by overseas Investors.
" Foreign Nationals can
purchase:"
-
New Property
-
Residential Projects or
Apartments - up to 50% of the total project can be purchased by
foreign nationals.
-
Vacant Land - only if
construction begins within twelve months of purchase. See our House
& Land Packages.
-
Established Property -
only if an additional amount of no less than 50% of the original
property cost is spent on an additional construction (consent of
FIRB is required).
Please confirm your
circumstances with your professional adviser. This information should
not be construed as advice.
FIRB Approval :
_________________________________________________
For more information
please visit the
Foreign Investment
Review Board.
 
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