Overseas Investors Buying Property in Australia
Find out your rights as a foreigner looking to buy Australian properties - where are overseas investors buying property in Australia.
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Buying Property in Australia as an Overseas Investor
Under the Foreign Investment Review Board (FIRB) investors will be able to discover just where they are legally allowed to buy property in Australia. The Australian government runs this website, which has a wealth of investor information, primarily for the foreigner looking to invest into property in Australia.
A foreign buyer can purchase, own and or invest property in Australia via several different ways and although the Australian government goes to great lengths to protect Australian nationals they do actively encourage foreign investment. As long as the local or national Australian population are not being compromised by foreign buyers the ability to invest is fairly open.
Foreigners can for example purchase in a resort complex that has been designated as acceptable to the foreign investor. Also, a property from a real estate developer can be bought, as long as the developer has in place an agreement from the government to allow foreigners to buy property in Australia.
If you are looking for Australian Property Listings, or general international Real Estate Listings for sale and for rent start your search by looking in the Australian Real Estate Listings section of International Property Directory.
Australia, like many other leading economies, has a lot of interest in its property sector, and foreign buyers will consider this location among others like Canada and the USA for investing in real estate.
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