Getting a mortgage
Jun 6th 2007 | 11:14 pm
#1
Thread Starter
Forum Regular
Joined: Mar 2007
Posts: 93
Getting a mortgage
Just wondering,can you get a mortgage whilst on a RSMS visa?
Cheers
Cheers
Jun 6th 2007 | 11:23 pm
#2
Forum Regular
Joined: Jun 2006
Posts: 97
Re: Getting a mortgage
We have just bought a house with mortgage on a 457 visa, had to apply for Foreign Investment Review Board Approval. Have to sell house if we don't have PR by the time visa expires, we also cannot rent house out or buy second house for investment. Once you have PR though you can do as you please.
Jun 7th 2007 | 1:43 am
#4
Lost in BE Cyberspace
Joined: Nov 2005
Posts: 28,175
From: at the bottom of a wine glass
Jun 7th 2007 | 9:38 am
#5
I don't re Member
Joined: May 2004
Posts: 1,372
From: Termite Country (Tanah Merah)
Re: Getting a mortgage
We have just bought a house with mortgage on a 457 visa, had to apply for Foreign Investment Review Board Approval. Have to sell house if we don't have PR by the time visa expires, we also cannot rent house out or buy second house for investment. Once you have PR though you can do as you please.
Andrew
