What should I pay attention to when buying a house in Sydney?

1. Current situation and legal changes related to overseas home purchase.

As we all know, the political system and market value system of many overseas countries are different from those of China, and the countries where China people are willing to buy their own homes overseas are complete democracy, authoritarian system (semi-democracy) and constitutional monarchy. These countries have no plans for development in the planning of national construction (China will have a short-term development plan of 5- 10 years and a long-term development plan of 10 years or more). The development of these countries depends on the actions of different elected leaders after they take office.

For example, in the United States, one of the measures taken by the current President Obama to treat illegal immigrants is that the children of illegal immigrants enjoy normal 12 years of free education like American citizens; The new President Trump's measures to treat illegal immigrants are to drive them out of the United States and build a "Berlin Wall" building on the US-Mexico border.

2. Potential international turmoil.

This category is China citizens who are classified as some immigrant island countries or some people who buy houses in developing countries. This is the case with the Malaysian real estate boom in China in recent two years.

3. Confirm whether the property right is permanent, and if a loan is needed, whether the credit can come down smoothly!

This problem also applies to China people who buy houses in some developing countries. First, what are the categories of real estate property rights in this country? For example, Malaysia has 99 years of property rights (short-term property rights) and 999 years of permanent property rights. The amount of house payment required for different property rights, as well as the surrounding related supporting facilities (such as businesses, clubs, schools, hospitals, etc.). ).

Secondly, if the overseas purchase involves mortgage loans, it is also necessary to provide the assets of the owner's home country or the relevant assets and credit evaluation report of the country of origin. Different countries have different auditing standards. Many overseas home buyers in China are planted in this article. The purchase price must be remitted to the account of the real estate developer, and never let others transfer it!

If you are familiar with the overseas purchase process, there is nothing wrong with it. If you are not familiar with it, it is time for you to use some international real estate agents to sort out and solve related problems. There is no denying that a good international real estate agent will often make your overseas home purchase more effective.

4. Don't confuse buying a house overseas with immigration.

Many real estate developers or overseas real estate agents advertise that buying a house can change the country's permanent residency. It should be noted that these advertisements were designed by immigration offices and real estate agents in some countries in order to attract investment in that country. At least in some countries where China people prefer to buy a house overseas, whether you can get a green card will be evaluated according to the purpose of buying a house in that country.

5. Calculate the relevant funds in the later period of house purchase.

Although some countries buy houses as permanent property rights, they still have to pay relevant taxes to the government every year after buying a house.

6. Integrate into local society.

There are a certain number of local Chinese groups, and Chinese can quickly integrate into these places to buy a house. If you buy a house in some countries where local people dominate, please respect local customs and avoid racial conflicts.

Article source:

Zhejiang Haier Deng stairs WeChat official account: overseas home ownership is in full swing. What are the pros and cons?