buying a house on 457 visa
Oct 31st 2005, 3:04 am
#1
surfer chic from Teesside
Thread Starter
Joined: Mar 2004
Location: Halls head, WA
Posts: 1,431
buying a house on 457 visa
Hi all
We have just been to see a house that we are hoping to go ahead and buy, the stamp duty is paid by the builder as part of the deal and we have to complete by 20th December.
Thing is we are only just about to post our PR application. We have decided to go ahead with the purchase anyways, and just lose out on the FHBGrant as gettinG the stamp duty paid will be more than the FHBG anyways, and it defo wont come through in time for 20th December.
The house is new, does anyone know of any restrictions about buying while on a 457 visa???
thanks
Laura
We have just been to see a house that we are hoping to go ahead and buy, the stamp duty is paid by the builder as part of the deal and we have to complete by 20th December.
Thing is we are only just about to post our PR application. We have decided to go ahead with the purchase anyways, and just lose out on the FHBGrant as gettinG the stamp duty paid will be more than the FHBG anyways, and it defo wont come through in time for 20th December.
The house is new, does anyone know of any restrictions about buying while on a 457 visa???
thanks
Laura
Oct 31st 2005, 4:02 am
#2
I don't re Member
Joined: May 2004
Location: Termite Country (Tanah Merah)
Posts: 1,372
Re: buying a house on 457 visa
Originally Posted by lauralollipop
Hi all
We have just been to see a house that we are hoping to go ahead and buy, the stamp duty is paid by the builder as part of the deal and we have to complete by 20th December.
Thing is we are only just about to post our PR application. We have decided to go ahead with the purchase anyways, and just lose out on the FHBGrant as gettinG the stamp duty paid will be more than the FHBG anyways, and it defo wont come through in time for 20th December.
The house is new, does anyone know of any restrictions about buying while on a 457 visa???
thanks
Laura
We have just been to see a house that we are hoping to go ahead and buy, the stamp duty is paid by the builder as part of the deal and we have to complete by 20th December.
Thing is we are only just about to post our PR application. We have decided to go ahead with the purchase anyways, and just lose out on the FHBGrant as gettinG the stamp duty paid will be more than the FHBG anyways, and it defo wont come through in time for 20th December.
The house is new, does anyone know of any restrictions about buying while on a 457 visa???
thanks
Laura
You do need to get permission from the FIRB www.firb.gov.au
You should ensure that your purchase is subject to getting approval from the FIRB.
We had no problems (bought an old house)
In QLD, you can claim your FHOG within 12 months after purchase if you purchase on a 457 and become a PR during that period.
Andrew
Oct 31st 2005, 6:24 am
#3
surfer chic from Teesside
Thread Starter
Joined: Mar 2004
Location: Halls head, WA
Posts: 1,431
Re: buying a house on 457 visa
Originally Posted by andrew63
Hi Laura
You do need to get permission from the FIRB www.firb.gov.au
You should ensure that your purchase is subject to getting approval from the FIRB.
We had no problems (bought an old house)
In QLD, you can claim your FHOG within 12 months after purchase if you purchase on a 457 and become a PR during that period.
Andrew
You do need to get permission from the FIRB www.firb.gov.au
You should ensure that your purchase is subject to getting approval from the FIRB.
We had no problems (bought an old house)
In QLD, you can claim your FHOG within 12 months after purchase if you purchase on a 457 and become a PR during that period.
Andrew
BONUS!!!
Thanks Andrew, does anyone know if you can do that in Melbourne too?? The extra money would really be a help and its such a shame to lose out on it for a matter of 12 weeks..... 
Anyone?.......................???
Laura
