457 Visa holders and buying property in WA
#1
Forum Regular
Thread Starter
Joined: Sep 2007
Location: Perth, Western Australia
Posts: 83
457 Visa holders and buying property in WA
Hi All,
We are in Perth on a 457 visa and to help us settle in we would like to buy a home to call our own.
Not being PR I know that we arent entitled to the first time buyers grant but can we still benefit from not paying stamp duty on a house that is less than 500k?
Any one know?
Cheers,
Cheekymoo
We are in Perth on a 457 visa and to help us settle in we would like to buy a home to call our own.
Not being PR I know that we arent entitled to the first time buyers grant but can we still benefit from not paying stamp duty on a house that is less than 500k?
Any one know?
Cheers,
Cheekymoo
#2
Re: 457 Visa holders and buying property in WA
Hi All,
We are in Perth on a 457 visa and to help us settle in we would like to buy a home to call our own.
Not being PR I know that we arent entitled to the first time buyers grant but can we still benefit from not paying stamp duty on a house that is less than 500k?
Any one know?
Cheers,
Cheekymoo
We are in Perth on a 457 visa and to help us settle in we would like to buy a home to call our own.
Not being PR I know that we arent entitled to the first time buyers grant but can we still benefit from not paying stamp duty on a house that is less than 500k?
Any one know?
Cheers,
Cheekymoo
We bought land in Perth in Dec2006 which was significantly below $500K and we had to pay stamp duty. However it could be different in each state.
Regards
Allan
#3
BE Enthusiast
Joined: Dec 2003
Location: Currently Sydney, but returning to UK in April
Posts: 504
Re: 457 Visa holders and buying property in WA
I'm afraid I can't answer your question, just wanted to make sure you knew to get permission from the Foreign Investment Revivew Board (FIRB) before you buy.
#4
Re: 457 Visa holders and buying property in WA
all i know is stamp duty is for houses under $500 for first time buyers only
(recently bought in)
Not sure if that covers temp visa's or not
Try Pm'ing Julesandco as they are on business visa so temp to, Jules may have more info for you!
(recently bought in)
Not sure if that covers temp visa's or not
Try Pm'ing Julesandco as they are on business visa so temp to, Jules may have more info for you!
#5
Forum Regular
Thread Starter
Joined: Sep 2007
Location: Perth, Western Australia
Posts: 83
Re: 457 Visa holders and buying property in WA
If only there was a document that held all of this useful information for us newbies.
I see from your profile that you are in Secret Harbour or heading towards it?
We have a rental property there and its paradise
Cheers,
Ann
#6
Forum Regular
Thread Starter
Joined: Sep 2007
Location: Perth, Western Australia
Posts: 83
Re: 457 Visa holders and buying property in WA
Ann
#7
Re: 457 Visa holders and buying property in WA
Hi All,
We are in Perth on a 457 visa and to help us settle in we would like to buy a home to call our own.
Not being PR I know that we arent entitled to the first time buyers grant but can we still benefit from not paying stamp duty on a house that is less than 500k?
Any one know?
Cheers,
Cheekymoo
We are in Perth on a 457 visa and to help us settle in we would like to buy a home to call our own.
Not being PR I know that we arent entitled to the first time buyers grant but can we still benefit from not paying stamp duty on a house that is less than 500k?
Any one know?
Cheers,
Cheekymoo
#8
Re: 457 Visa holders and buying property in WA
Allan
#9
Forum Regular
Thread Starter
Joined: Sep 2007
Location: Perth, Western Australia
Posts: 83
Re: 457 Visa holders and buying property in WA
Hi Ann, yeah we went on a reccie back in Aug 06 and came back with some land in Secret Harbour, hoping for our visa any day now and the house build starts next month. Glad you like SH gives us some reassurance that what we're doing is the right thing. Where you looking at buying?
Allan
Allan
My only concern is that the new builds take up all of the land and very little is left for the garden - we are looking at older properties that have smaller houses but much more land to enjoy. May have to put the plan on hold as we dont qualify for not paying stamp duty or first time buyers bonus and collectively this would amount to $22k - the price of a very nice swimming pool.
Need to stay in rental until we can apply for residency then house hunt. No worries though as we arent going back. no way!!!
Ann