What are the requirements for buying and selling Australian real estate? What are the rules for China people to buy Australian real estate?

What are the requirements for buying and selling Australian real estate? What are the rules for China people to buy Australian real estate? For China residents, non-Australian residents are actually foreign China citizens who don't live in Australia, including those who hold short-term visas and can stay in Australia for a relatively limited time. For such families, it is generally unlikely to buy real estate directly in Australia. If you want to buy, you must submit a FIRB application to get the qualification to buy, and you can only buy a new house.

If you want to buy a second-hand house, you must have a temporary visa that allows these people to stay in Australia for more than 12 months, and you must apply through FIRB to buy a second-hand house in Australia, and you can only apply for it yourself. Therefore, even if you meet the requirements, there is not much room for investment. If you live by yourself, you can

Therefore, it can be seen that one of the most important criteria for buying a house in Australia is to obtain an FIRB application first. If it is not approved or violates FIRB requirements, it will be punished.

The details are as follows: pure foreigners: fine of $ 2040+ payment of FIRB application fee.

Australian visa holder: fine $ 10200+ late application fee.

In addition, the above two people may also face a civil lawsuit penalty of 10% of the house price.

Australia's villa area is relatively large, and comfort is the initial intention of holiday travel. Single-family villas are suitable for the pursuit of such people. On the one hand, investing in single-family villas can be subletted to such people to live at home and abroad, on the other hand, retirement is also a good choice. I used to live in a community for the aged, but now I live in a foreign single-family villa, which is a comfortable enjoyment. Everyone can invest to make a profit, and also provide financial support for their own entertainment activities.

The real estate industry is a promising investment industry in recent years. With the rapid increase of population and the decrease of land resources, it can be said that housing difficulty is a key problem. China people can invest in buying houses in Australia or lease existing ones. Australian banks can lend 80% of the house, which means that you can make a down payment of 20% when buying a house in Australia. Housing rental can settle bank loans. From another perspective, Australia's material and cultural conditions are the most critical.