Why invest in Australia - Buyer Guide

Page 20

FIRB Property Guide Account for: Foreign Investment Approval (FIRB) Application fee (https://firb.gov.au/apply-now)

Cost of hiring professional lawyers, accountants or any other advisors

Land Transfer Duty & Foreign Purchaser Additional Duty (https://www.sro.vic.gov.au/ foreignpurchaser) Cost of deposit for your property Foreign exchange rate

FOREIGN INVESTOR JOURNEY

Cost of full payment for your property Costs of mortgage

Strata levies (Maintenance fee) if you are buying an apartment and townhouse

START PLANNING AND BUDGETING FOR YOUR INVESTMENT

ENGAGE A TEAM OF PROFESSIONALS

A Conveyancer or Solicitor to look after legal matters

Ensure you qualify for the minimum requirements

A Mortgage Broker to advise how much you can borrow Accountant to help you with tax related issues A Buyer Agent or a Real Estate Agent if you want help inspecting the property or negotiating the contract

20

|

How to buy a property

Why invest in Australia


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.