Welcome to the forums.
Many Australian banks may have a problem with an applicant presenting their foreign income. In order to have a good chance of getting the income approved by a lender, you’ll need to provide a relevant income evidence for it and the policies will also vary depending on your type of employment.
This means, you’ll need payslips if you have a regular job or certified tax returns if you’re self-employed. Since you’re working on a contract basis, your foreign income may be accepted if you can provide one or more of the following:
- A letter from your employer.
- A copy of your employment contract.
- At least 3 to 6 months of bank statements showing your salary being deposited into your account, if applicable.
- Tax returns for the last financial year.
- Tax returns for the last 2 years or,
- An accountant’s verification letter if your tax returns are unavailable.
Another thing to keep in mind is that most lenders will require that your documents be written in English. If your financial documents are written in Japanese or any other foreign language then you may need an interpreter’s certificate, which is an official document that translates the original financial document to English and has been certified.
Cheers,
Otto