457 Visa

Government Abolishes 457 Visas

personOtto Dargan access_timeApril 19, 2017

Can I still buy a property in Australia? Late yesterday, the Turnbull Government announced that it would be axing 457 visas, a scheme that has been around for over 20 years. The current scheme has instead been replaced with two new temporary visas, each with stricter eligibility...

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Can I Get A Home Loan If I’m On The SOL?

personOtto Dargan access_timeMay 23, 2016

Which visa types will the banks accept? To all foreign citizens planning to live and work as a permanent resident in Australia, heads up! The Australian government has just released the list of skilled professions that will be accepted for a permanent resident visa status in...

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Foreign Investors Face Tough New Penalties

personOtto Dargan access_timeAugust 28, 2015

Last week, the Federal Treasurer Joe Hockey introduced into parliament tough new laws for foreign investment in Australian property. These new laws are set to come into effect by 1 December so if you’re planning to invest in Australian real estate, listen up. Breaches of Foreign...

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How Your Australian Spouse Can Help You Get A Mortgage

personOtto Dargan access_timeApril 24, 2015

Australia is one of the most beautiful countries in the world with thousands of migrants heading Down Under every year. Some people travel here for the love of adventure and to take in our many natural wonders but it’s no surprise that many choose to make the move for good...

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Why New Migrants Need A Mortgage Broker

personOtto Dargan access_timeJune 26, 2014

Buying a home or investment property in a new country can be difficult without the right advice. The increase in new migrants to Australia has seen several mortgage brokers, including Home Loan Experts, move to specialise in lending to people without Australian citizenship. Why...

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457 Visa Home Loan

personOtto Dargan access_timeJune 24, 2014

More than 50,000 skilled workers have migrated to Australia in the past year but did you know that you can buy a home on your 457 visa? On top of that, 457 visa holders can receive the same benefits as an Australian citizen or permanent resident. Unfortunately, not all lenders...

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Borrow Up To 95% On A 457 Visa

personOtto Dargan access_timeJune 13, 2014

457 visa holders living in Australia can now borrow up to 95% of the purchase price of a home including lenders mortgage insurance (LMI) thanks to a recent policy changes with one of our banks. What does approval depend upon? Approval is still subject to your financial situation...

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Why Do Foreigners Like Australian Mortgages?

personOtto Dargan access_timeApril 22, 2014

Do you qualify? If you’ve just arrived in Australia or have been living here for a number of years on a working visa you may be wondering if you are eligible for a home loan. In the infographic above, we’ve laid out the facts and dispelled the myths about Australian...

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Foreign Investment Tips From Experts

personOtto Dargan access_timeAugust 12, 2013

A stable economy and rising property prices make Australia one of the better countries to invest in, but what if you have never invested here before? How exactly does an international property investor get started in the land down under? If you have been asking yourself that...

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Australian Mortgages For USA Citizens

personOtto Dargan access_timeOctober 24, 2012

Contrary to popular belief, there are Americans that actually know where Australia is! In fact, each year, thousands of US citizens migrate Down Under to become expats to holiday and work, and some even end up buying their very own slice of the Australian dream. A large number...

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