Can non-residents buy property in Australia?

Oct 17, 2019 10:03:15 AM

In December 2015, the Australian Government introduced legislation that changed the way non-residents buy property in Australia. Under the new laws, foreign investors are limited in the types of property they can purchase and must first apply for approval to purchase from the Foreign Investment Review Board (FIRB). While it is much harder for non-residents to buy property in Australia, it’s not impossible.

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Topics: Financial Advice, Home Loan Advice, Mortgage Advice, Buying property in Australia, Non-resident buyers, Australia Mortgage Broker, Non-resident lending