Offshore Buyers
 
 

The Australian Government's approach to foreign investment policy is to encourage foreign investment consistent with community interests. In recognition of the contribution that foreign investment has made and continues to make to the development of Australia, the general stance of policy is to welcome foreign investment. There are however some restrictions.

In general, foreign investors are able to purchase new properties so visit our New Projects page.

The Foreign Investment Review Board (FIRB) has released a new streamlined application form. The form should be completed by foreign persons proposing to acquire an interest in Australian residential real estate as individuals (and not through a company or trust).

The following do NOT require foreign investment approval:

  • Australian citizens, residing in Australia or abroad.
  • Holders of Australian permanent resident visas.
  • Persons entitled to hold a special category visa (this category usually only applies to New Zealand citizens acquiring residential real estate); and

Australian citizens and their foreign spouses purchasing residential real estate as joint tenants.

Download the FIRB R2 Form

R2 Form: Information Guide and Application for Approval to Purchase Residential Real Estate - 193 KB

This form is provided in PDF format so you will require Adobe Acrobat Reader. If you do not have it, you may download it here for FREE.

For Further information on Australia's Foreign Investment Policy:

You could also visit the FIRB's website at http://www.firb.gov.au/

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