Tips For Foreign Investors
• Buying a home in Australia can be a complicated process. When you combine this with the sheer distance involved, it can be a very daunting experience. Therefore, it is important to evaluate the reasons why you are actually buying – could your criteria be met in another destination? If you are buying solely for investment, then the answer is probably yes.
• If, however, you are buying due to a lifestyle choice – such as emigration or retirement – then Australia, and its property market, has a lot to offer. Do be aware, though, that moving lock, stock and barrel to the other side of the world can come with its own problems – such as missing friends and family. In this instance it is a good idea to rent for a few months first if you can, just to be certain that you really are making the right decision.
• Use a buyer advocate.
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