Why buy a house in Australia? What are the benefits?

Do you need any proof to buy a house in Australia? In fact, buying a house in Australia is relatively loose at present, and no special proof is needed. For China citizens, buying a house in Australia is the same as the normal process of buying a house, without any special proof, but without any materials. Let's see what we need.

Do you need any proof to buy a house in Australia?

For buying a house in Australia, no special certificate is needed, but in the process of buying a house, some materials will be involved more or less, but similar to buying a house in China, the necessary materials are inevitable.

Unlike in China, although you don't need special certificates to buy a house in Australia, you need to apply for FIRB. In the application process, you only need to fill in the application form for foreign investment on the website of the Australian Taxation Bureau (ATO), and you may also need to fill in some personal information here, so this part can be regarded as a little proof. How to apply for FIRB when buying a house in Australia?

In addition, if you need a loan, you need to apply for a loan, so you need some necessary materials to apply for a loan, so if these are proofs, you need statistics.

What materials do you need for a house loan in Australia?

For buyers who need loans, some materials are needed when applying for loans. Choose different lending institutions, the material requirements may be slightly different, but basically all need the following points.

(1) Assets: original real estate, deposits, cars, real estate, etc.

(2) Liabilities: other loans and other liabilities.

(3) Income: including the annual income letter and payroll of the unit or company, as well as other investment income, such as rent and dividends.

(4) Expenditure: living expenses, childcare expenses, travel expenses, entertainment expenses, etc. This part generally does not need to be written, just fill in the form to inform.

In addition, investors also need to provide proof of identity, that is, 100pointsID. At present, the new bank policy stipulates that loan applicants need to provide passports (70 points) and driver's licenses (40 points).

Do you think these proof materials are very complicated, but they are actually very simple, because Australia still supports overseas people to buy new houses, so there are no more restrictions, so the procedures in the process of buying a house are very simple, just compare them with those in China, and Australia's first-hand housing policy is quite humanized:

1. The down payment for buying a house in Australia is only 10%.

2. There is no pool area for Australian real estate, and the real estate area is calculated according to the interior area.

3. Before the real estate construction is completed, the buyer does not need to pay other fees, and then repays the mortgage loan after obtaining the real estate.

So we can see that if you want to buy a house in Australia, some procedures are still needed, which we should understand. After all, if you buy a house abroad, even at home, some procedures are essential, while buying a house in Australia is relatively good. For more information about buying a house in Australia, you can consult us directly, and a professional house purchasing consultant will give you a detailed answer.

Related articles: