Can an Australian Citizen living outisde of Autralia borrow?
Yes, an Australian Citizen can take out a home loan, based on their income, provided the income currency type meets with the requirements of the lender used. Some income currency types are restricted, so a percentage of the income will be removed to allow for foreign currency fluctuations. The deposit required varies also depending on what currency your income is earned in. For a comprehensive analysis of your borrowing capacity, it is best to contact us with your circumstances for a full assessment
Can a non-resident, non Australian Citizen, invest in Australia?
Yes, we have major bank lenders that can assist you who are seasoned in this type of lending. Loans can be self-supporting in Australia if rent and income earned in Australia sufficiently services the loan to the banks standards. If the loan is not self supporting in Australia can be considered, but income needs to be verified following strict guidelines to meet with Australian lending standards.
Are permanent residents of Australia eligible for the First Home Owners Grant?
Generally speaking yes, you are eligible for the FHOGs available in your state or territory, provided you meet all the other eligibility criteria. You do not have to be an Australian Citizen only to apply if you have permanent residency.
What about Temporary Australian residents on working Visas?
We have lenders that are now considering Visa's 160, 162, 163, 165, 161, 164, 188 and 457. Obviously on a temp visa you must also be residing in Australia
What countries will Australian banks lend to residents of ?
Wilson Financial has major bank lenders that will lend to over 55 countries. As bank policies change so frequently we would prefer not to provide a list should one fall on or off at some time, however we are always happy and ready to provide a quick response to your enquiries and vet what options would be available to you.
When do you need Foreign Investment Review Board approval (FIRB)?
Foreign investors are urged to seek legal advice with their conveyancer or solicitor handling the purchase to ensure they meet any FIRB requirements. You can find more information at www.firb.gov.au and we are happy to recommend solicitors that can assist with your FIRB approval should you require one. Please note that the onus for obtaining prior approval of FIRB rests with the purchaser, not the bank. Purchasing real estate without approval when not qualified to do so, can be liable for heavy penalties.
Yes, an Australian Citizen can take out a home loan, based on their income, provided the income currency type meets with the requirements of the lender used. Some income currency types are restricted, so a percentage of the income will be removed to allow for foreign currency fluctuations. The deposit required varies also depending on what currency your income is earned in. For a comprehensive analysis of your borrowing capacity, it is best to contact us with your circumstances for a full assessment
Can a non-resident, non Australian Citizen, invest in Australia?
Yes, we have major bank lenders that can assist you who are seasoned in this type of lending. Loans can be self-supporting in Australia if rent and income earned in Australia sufficiently services the loan to the banks standards. If the loan is not self supporting in Australia can be considered, but income needs to be verified following strict guidelines to meet with Australian lending standards.
Are permanent residents of Australia eligible for the First Home Owners Grant?
Generally speaking yes, you are eligible for the FHOGs available in your state or territory, provided you meet all the other eligibility criteria. You do not have to be an Australian Citizen only to apply if you have permanent residency.
What about Temporary Australian residents on working Visas?
We have lenders that are now considering Visa's 160, 162, 163, 165, 161, 164, 188 and 457. Obviously on a temp visa you must also be residing in Australia
What countries will Australian banks lend to residents of ?
Wilson Financial has major bank lenders that will lend to over 55 countries. As bank policies change so frequently we would prefer not to provide a list should one fall on or off at some time, however we are always happy and ready to provide a quick response to your enquiries and vet what options would be available to you.
When do you need Foreign Investment Review Board approval (FIRB)?
Foreign investors are urged to seek legal advice with their conveyancer or solicitor handling the purchase to ensure they meet any FIRB requirements. You can find more information at www.firb.gov.au and we are happy to recommend solicitors that can assist with your FIRB approval should you require one. Please note that the onus for obtaining prior approval of FIRB rests with the purchaser, not the bank. Purchasing real estate without approval when not qualified to do so, can be liable for heavy penalties.
ACN 104 107 084 - Elizabeth Wilson & Associates Pty Ltd
Elizabeth Wilson & Associates Pty Ltd is a registered credit representative (CRN #383371) of Astute Financial Management Pty Ltd - Australian Credit Licence Number 364253
Elizabeth Wilson & Associates Pty Ltd is a registered credit representative (CRN #383371) of Astute Financial Management Pty Ltd - Australian Credit Licence Number 364253
