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Can foreigners invest and buy real estate in Australia?

Posted: 09/09/2009

The recent changes announced by the Federal Government has made it easier for foreign nationals to buy real estate in Australia.

Non citizens who are temporary residents in Australia, that is those that generally hold a temporary residents visa are not required to obtain Foreign Investment Review Board FIRN approval when purchasing

- new dwellings
- single blocks of land
- an existing / established dwelling if it is to be used as a principal place of residence.

This is good news for foreign buyers. So if your are living overseas eg London, China, Hong Kong, Malaysia, Indonesia, Singapore or anywhere in the world Buymycastle can help you find the right buyer's agent to assist you with your purchase.

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Saves you time calling and meeting all the agents in your area.
Compare agents offers online including commissions, marketing plans & more!
The whole process is stress free and helps you select the best agent to sell your property!

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