Buying Land
#1
Buying Land
Maybe someone can shed some light on this. As a non resident in Australia you can't buy a house but can buy land, is this correct ?. Also can you buy off plan, ie buying a house before it is built ?.
#2
BE Forum Addict
Joined: Jan 2003
Location: Brisbane
Posts: 1,576
Re: Buying Land
Originally posted by Amazulu
Maybe someone can shed some light on this. As a non resident in Australia you can't buy a house but can buy land, is this correct ?. Also can you buy off plan, ie buying a house before it is built ?.
Maybe someone can shed some light on this. As a non resident in Australia you can't buy a house but can buy land, is this correct ?. Also can you buy off plan, ie buying a house before it is built ?.
The theory is non residents can only buy new property or build new property (to improve the houseing stock) and then must sell to residents.
I just don't know how much the gov enforces these rules and how easy it is to get around them.
#3
Re: Buying Land
Originally posted by Amazulu
Maybe someone can shed some light on this. As a non resident in Australia you can't buy a house but can buy land, is this correct ?. Also can you buy off plan, ie buying a house before it is built ?.
Maybe someone can shed some light on this. As a non resident in Australia you can't buy a house but can buy land, is this correct ?. Also can you buy off plan, ie buying a house before it is built ?.
try this link for FAQ on the FIRB
:lecture:
http://www2.reiwa.com/content-foreign.cfm