Search found 3 matches

by Huang
Wed Jun 19, 2019 7:49 pm
Forum: Home Loan Forum
Topic: What are the rules around foreigners buying property in Australia?
Replies: 5
Views: 2199

Re: What are the rules around foreigners buying property in Australia?

That’s great. How does the borrowing power calculations differ from lenders in Hongkong? Is HKD an acceptable currency? Is the proposed rental income from the property taken into consideration for serviceability?
by Huang
Wed Jun 19, 2019 5:37 pm
Forum: Home Loan Forum
Topic: What are the rules around foreigners buying property in Australia?
Replies: 5
Views: 2199

Re: What are the rules around foreigners buying property in Australia?

Thanks for the information so far. I was specifically looking for information on vacant land with the intent to develop within two years. What specific FIRB conditions do I have to meet to purchase vacant land as a foreign citizen?
by Huang
Wed Jun 19, 2019 3:59 pm
Forum: Home Loan Forum
Topic: What are the rules around foreigners buying property in Australia?
Replies: 5
Views: 2199

What are the rules around foreigners buying property in Australia?

I’ve found a property in Australia that may be worth investing in. I travel to Australia once every few years as my sister is married to an Aussie. I was told that the foreign buyer stamp duty and other government fees are quite high. What are the rules around foreigners buying property in Australia...

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