If you are going to move to Australia, you should think about buying a property, because it can be important both for you and for your family.
As soon as you get permanent residence in this country, you have full rights to purchase property. You can buy a property for exclusive use or as an investment. If you are new to this business, it is better to turn to specialists such as Zaki Ameer.
If you are not a permanent resident of Australia, you can still buy a property, although some restrictions apply.
Not being a permanent resident, you cannot buy an apartment house installed in Australia. It will not work through a trusting or business relationship either.
But you can purchase other types of Australian property, including new housing, wastelands and real estate to be renovated. Before buying a property, the Foreign Investment Review Board reviews your case, and only after its approval will you be able to make a purchase.
If you are someone who temporarily resides in Australia, then any property is available to you for purchase as a sole residence in Australia also after receiving approval. Being a temporary resident, you cannot rent out such housing as an investment.
Thus, you can buy any type of property, both for living and for investment, if you are a citizen or permanent resident. Non-residents will face a lot of restrictions, but they will still be able to buy property. Such property can be newly built real estate or land that will soon be built up.
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