New Zealand citizens loans

Who is this page for?

This page is for New Zealand Citizens or New Zealand Permanent Residents (PR) who are living in either Australia or New Zealand and who would like to apply for a home loan to buy real estate in Australia.

How much can you borrow?

New Zealand citizens or residents living in Australia can borrow up to 95% of the value of a property. This is because in practice NZ citizens are allowed to live in Australia indefinitely.

New Zealand citizens or residents living in New Zealand can often borrow up to 95% of the value of a property in Australia. Despite being a non-resident borrower, many banks will treat you the same as if you were an Australian citizen living in Australia.

Is Australian Government approval required?

No Foreign Investment Review Board approval is not required for New Zealand citizens however it is required for New Zealand permanent residents.

Are first home benefits available

The Australian government’s first home owners grant and other benefits are available for permanent residents as if they were citizens of Australia. New Zealand citizens are considered to be permanent residents of Australia and so are eligible for the grant.

Please refer to your state governments first home buyer website for information about which benefits are available in your state.

Apply for a loan

We are mortgage brokers that specialise in helping people without Australian citizenship to apply for loans in Australia.

If you would like to buy a property in Australia and would like to know more about how we can help then please contact us or enquire online.