Can China people buy a house abroad?

In the concept of most families in China, the house is the only place with a home, so the significance of real estate to every family is self-evident. Nowadays, more and more families come to Australia for various reasons, so if they don't get an Australian green card or an Australian visa, can China people buy real estate on this land? If you don't know, today we will tell you whether China people can buy a house in Australia. How to buy?

Can China people buy a house in Australia?

In Australia, there are actually many people from China, and you may see China people everywhere on the road. Since so many people from China come to Australia, do they all rent houses? Of course not. China people can buy a house in Australia. Of course, you don't need a visa You can buy Australian real estate even if you are not in Australia. In fact, the Australian government is more relaxed about overseas people buying Australian real estate.

How do China people buy a house in Australia?

Now that we know that China people can buy a house in Australia, we need to know how to buy a house in Australia. First of all, we should understand the difference between foreigners and non-foreigners in Australia. Because this difference is very different in the process of buying a house. The Australian government understands foreigners as non-resident foreigners (neither foreigners) who do not hold any valid Australian visa for more than 12 months abroad.

As a matter of fact, many China buyers are not foreigners, so we need to know what are the differences and policies when buying Australian real estate. First, foreigners can only buy brand-new houses in Australia, not second-hand houses, which can be said to be one of the few restrictions. If you want to buy a second-hand house, you must hold a valid visa of Australia 12 months or more, and the second-hand house you buy can only be occupied by yourself.

Secondly, if you want to buy a house in Australia, you need to submit a personal application to FIRB. This is necessary. Only through FIRB can you buy a house in Australia. FIRB application requires a certain fee. The specific cost is related to the price of the property you bought. After submitting the application, FIRB will agree to your personal investment application within two weeks. Generally speaking, as long as your application does not violate the policies of the Australian government, you can pass it, and it is not difficult to apply. How to apply for FIRB when buying a house in Australia?

So China people want to buy a house in Australia, as long as they meet the policy, as long as you have money. Moreover, Australia's housing policy is different from that in China. In China, there are restrictions on buying a house, but not in Australia. Although the purchase of real estate is divided into old and new, there is no difference in quantity. If you have sufficient funds, you can buy multiple properties in Australia.

Why do China people buy Australian real estate?

First of all, the Australian real estate market is relatively stable. Australia's real estate market is safe and professional, and the professional one-stop trading system can not only provide convenience for strangers who come to Australia to invest, but also facilitate the implementation of house purchase procedures. The Australian government has strict control over professionals engaged in Australian real estate transactions, and the punishment for those real estate professionals who violate the law is very severe. It avoids the chaos in the real estate market and provides a good guarantee for buyers. Let China people invest with confidence and boldness.

Secondly, in buying a house in Australia, apart from capital, the ownership and land use right of Australian houses are permanent property rights, while in most parts of Australia, the land is privately owned, and the land use right and ownership owned by the owners are permanent inheritance. And there is no inheritance tax.

Moreover, the proportion of loans in Australia is relatively high, and the high loans in Australia can reach 70%~80%, and the repayment time is reasonable. There is no need to repay the loan immediately after handing over the house. Generally speaking, Australian real estate is an auction house, so you have at least two years to prepare it for you.

There is also Australia's real estate policy, with many preferential policies and many benefits. The Australian government encourages the sale of houses over 1 year to be halved, the value-added tax for houses under 1 year is 49%, and the value-added tax for houses over 1 year is 25%, which can effectively control real estate speculation. Reduce the vacancy rate of houses. Bring fast and high return on investment to investors who buy houses.

In fact, Australian real estate has many advantages here. If you want to know, you can pay attention to the related articles on this site, or you can consult directly. You can also get the latest quotation of Australian real estate, and let professional Australian real estate consultants provide you with housing guidance.

Warm reminder: investment is risky, so be careful when choosing.

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