 Welcome overseas visitors.
Australia welcomes people living outside of Australia's borders
to purchase homes, apartments and property.
Australian property is an easy asset to maintain from overseas.
The Australian property industry is experienced in assisting overseas
and local investors obtain property, then manage the tenants and
look after the well being of their property.
Government regulations ensure that Landlord and Owner Rights are
protected and that the building is of the highest quality and standard.
Most property in Australia is Freehold Title, meaning that it is
owned and not leased.
There are, however, some important rules that you need to be aware of.
Purchasing Guidelines.
- Australian Citizens and Permanent Residents can acquire any
property in Australia.
The Australian Government, through the Foreign Investment Review
Board (FIRB), regulates the sale of Australian property to overseas
persons and corporations. There are many FIRB properties on our
site. However, most properties can become FIRB approved...
- Foreign nationals can buy:
- New Property
- Residential Projects or Apartments - up
to 50% of the total project can be purchased by foreign
nationals.
- Vacant Land - only if construction
begins within twelve months of purchase. See our
list of vacant land.
- Established Property
- only if an additional amount of no less than
50% of the original property cost is spent on improvements,
or additional construction (consent of the FIRB
is required).
- Commercial Property
- under AU$50M
Status |
Buying
Guidelines* |
Australian
Citizen or Permanent Resident |
No Restrictions |
Temporary Resident,
Retiree or Student |
Can buy new
property without restriction or an established property providing
it is your residence and it is sold when your visa expires.
Consent of the FIRB is required. |
Foreign National
or Foreign Corporation |
Can buy new
property. Can buy vacant land as long as building commences
within 12 months of purchase. Can buy an established property
only if an additional amount of no less than 50% of the original
property cost is spent on improvements or additional construction.
Can buy up to 50% of new projects or apartments, Consent
of the FIRB is required. |
Commercial
Property under AU$50M |
No Restrictions
to Foreigners. Some Rules apply. |
| * Please confirm
your circumstances with your professional advisor. This information
should not be construed as advice. |
FIRB Approval
For more information please visit the Foreign
Investment Review Board
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