Australia welcomes foreign property buyers, but like most countries there are some rules that need to be followed.

  THE RULES*

The following guidelines indicate the type of property foreign buyers may purchase without any limit or restriction:

-Brand New Under Construction Property.

-"OFF-THE-PLAN" Apartments, Flats, Townhouses, Condos, Units.

-New Property not Previously Occupied in the past 12 months.

-Residential Land, Providing a Home is Built Within 4 Years. Newly Built Homes.

-Any Commercial Property.

In Australia, foreign investors generally cannot purchase old properties.

FEES: Normally an FIRB application costs AUD$5,500

Buying property  does NOT assist with migration.

*Rules, laws, fees, and regulations can change without notice.

 

CITYLIFE INTERNATIONAL REALTY IS A LONG-ESTABLISHED, AWARD-WINNING INTERNATIONAL ESTATE AGENT, BASED IN HONG KONG, THAT SPECIALISES IN AUSTRALIAN REAL ESTATE OPPORTUNITIES.