UK Migrants Service
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Foreign Investment Board
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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, just look for FIRB "yes" in the upper right hand corner of each property page. However, most properties can become FIRB approved...
Foreign nationals can buy:
- 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 GUIDES |
| Australian Citizen or Permanent Resident |
No Restrictions |
| Temporary Resident, Retiree or Student |
Can buy new property without restriction or an established property provided 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. |
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Dean Clemitshaw |
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10 Wirra Lane, Lakelands |
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Western Australia - 6210 |
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Tel. +61 8 9581 7010 |
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Mob. 0421312161 |
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info@d-zinebuilding.com.au |
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