Can I buy real estate in Australia if I don't live there or have permanent residence?
Yes, foreign nationals can own Australian Real Estate so long as they meet the FIRB (Foreign Investment Review Board) approval. We apply for you at no charge. Foreign investors can invest in "Off the plan" developments, new properties and of course vacant land as well as house and land packages. Foreign investors can not invest in the established (second hand) property market.
Can I borrow money in Australia?
Australian lenders welcome foreign investors, and as long as you meet the lender's criteria, you can borrow up to 80% in Australia. Email lending@apsint.com.au for more information
I have heard about negative gearing, what is it?
Negative gearing is a form of financial leverage where an investor borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan. (When the income does cover the interest it is called positive gearing.)
A negative gearing strategy can only make a profit if the asset rises in value (capital gains) by enough to cover the shortfall between the income and interest which the investor suffers. The investor must also be able to fund that shortfall until the asset is sold. The tax treatment of interest expenses and future gain will affect the investor's final return too. Tax rules vary from country to country.Source - Wikipedia
What is better, house-and-land or units?
This really is in the "eye of the beholder" Both units, as well as house-and-land have enjoyed wonderful capital growth. Each has their place. Units can often be bought "off-the-plan" with very little money down while houses offer the opportunity to do things to add value like add a pool. Look at your investment budget and and weigh up the options with close consultation with you APS consultant.
Can I invest in commercial real estate?
Foreign investors can certainly invest in commercial real estate, not all commercial property requires FIRB approval. www.firb.gov.au
Will buying property in Australia help me to migrate?
Owning Australian Real Estate will not give you any extra points in your application for migration, but it shows good intent.
If you have any further questions, please feel to email us on enquiries@apsint.com.au
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