Overseas investors cannot avoid dealing with FIRB when buying properties in Australia. However, many overseas buyers are very vague about the concept of FIRB. This article mainly revolves around the definition of the term and its specific approval process and whether overseas investors ’home purchase applications will be rejected. These three points bring you today.…
Foreword Which is more suitable for investment, a large residence in the suburbs and an economic small apartment in the neighboring urban area? Since the annual rate of return is different, no clear answer can be given. Wanjia talked about the difference between the two in terms of past experience and how to look at…
As the most livable country in the world, Australia is favored by immigrants from all over the world for its safe and comfortable environment, friendly and civilized people, good education, and no natural disasters. Australian real estate has stable appreciation, high rate of return, lifetime ownership, one-time government taxation, no inheritance tax, etc., which can…
Foreword Australian real estate has consistently ranked first in overseas real estate investment with its advantages of stability and transparency. However, due to the very big difference between Australian socio-economic and China, many Chinese buyers are prone to some misunderstandings when investing in Australian real estate. In addition, for those who already own Australian real…
As we all know, the property tax in Australia is different in each province. Among them, Victoria, where Melbourne is located, is the most expensive 5%; if foreigners buy again, they need to increase the stamp duty by 4%. When buying a house in Melbourne, foreign buyers need to pay a lot of taxes, including…
Foreword Melbourne (Melbourne), Australia’s second largest city and the capital of Victoria, is a famous tourist city.As of 2017, it has been rated as the world’s most livable city for 7 consecutive years. Melbourne is also known as the “Australian Cultural Capital”. The internationally renowned fashion capital, its fashion culture such as clothing, art, music,…
Foreword “Negative gearing” is often said to be a powerful tool to help you accumulate wealth, which can save you thousands of dollars in taxes. In real estate investment, it is also one of the frequently misunderstood concepts. The so-called “gearing” means nothing but borrowing. When you borrow money to invest, no matter whether the…
Foreword For foreign students who have no income, can they buy a house with an Australian loan? I heard that Australian loans require detailed income certificates. Do international students need to provide income certificates? Do Australian mortgages require collateral? Can assets in China be used as collateral for Australian loans? It seems that most of…
Buying a home for the first time does not necessarily need to face tremendous pressure. As long as you can understand the precautions and effectively use preferential measures, understand some of the loan routines, it is not difficult to own your own property. Today, Wanjia shares content about how first-time home buyers can take full…
The real estate industry reflects the social class structure of Australia from one side The relentless housing boom in Australian cities, notably Melbourne and Sydney, is often described as a generational clash, with baby boomers shutting out young people. However, the sociological theory of social class suggests that parents’ wealth and social status will eventually…