Australian real estate immigration conditions, Australian house purchase immigration conditions

If there is investment immigration, you need to have proof of assets of 800,000 Australian dollars. Quanxin Immigration has immigration procedures in this regard.

If you buy a house in Australia, you cannot apply for immigration.

Overseas people can buy a house in Australia, but they cannot immigrate to buy a house in Australia. In recent years, as Australian housing prices continue to be the same, Australia has continuously tightened the policy of overseas people investing in Australian real estate. However, due to the demand for overseas asset allocation, children's study abroad, vacation investment properties, etc., Australian real estate is still the first choice for Chinese buyers.

Aozhen Immigration reminds that Australian immigration methods are mainly divided into skilled immigration and family-based immigration. Among them, nearly seventy percent of the people who immigrate to Australia through skilled immigration, and skilled immigration can be subdivided into: Australian employer-sponsored immigration, Australian independent skilled immigration, Australian state-sponsored immigration and Australian business investment immigration.

For domestic applicants, under normal circumstances, they can choose to study in Australia for a period of time, and then apply for 189 visa, 190 visa or 489 visa for Australian skilled immigrants, or 457 visa, 186 visa or 187 visa sponsored by Australian employers. Of course, if you meet the requirements, you can also directly apply for Australian skilled migration in China, or Australian employer sponsored immigration. For investors, they can apply for the Australian investment immigration 188 visa or 132 visa.

The immigration requirements for buying a house in Australia are as follows:There is no immigration program to buy a house in Australia, and there are currently two types of transactions:

1. Australia 188 Visa Category A - Innovative Business.

1) Under 55 years of age or state** exempt.

2) Assets above $800,000.

3) In the past 4 years, there have been 2 years.

Minimum ownership of 30% or more of the shares.

The company's sales exceed the standard amount (up to 2 companies combined).

4) Score of 65 or above.

5) Invest in starting a business in Australia.

6) Obtain an invitation to "Intended Application".

2. Australia 188 Visa Category C - Significant Investor Category.

1) No age, language, management experience requirements.

2) Invest in the amount of the marker above AUD to buy state bonds or**.

3) Simple proof of funds (company, real estate, **, parents, relatives and friends) 4) Obtain an invitation to "intent to apply".

AustraliaThe Commonwealth of Australia, abbreviated as Australia, with its capital Canberra, is located between the South Pacific Ocean and the Indian Ocean, and consists of mainland Australia, Tasmania and other islands and overseas territories. It is bordered by the Coral Sea and the Tasman Sea in the Pacific Ocean to the east, and the Indian Ocean and its marginal seas to the north, west and south. With a total area of 7,692,000 square kilometers and a coastline of 36,735 kilometers, the northern part has a tropical climate, most of which is temperate.

The country is divided into 6 states and 2 territories, and as of October 2022, Australia's total population is 26.17 million.

Australia is a developed modern industrial country, the most economically developed country in the southern hemisphere, the world's fourth largest exporter of agricultural products, and an important producer and exporter of mineral products in the world. Agriculture and animal husbandry, mining industry is a traditional industry, manufacturing and high-tech industries are developing rapidly, the service industry has become the leading industry of the economy, the development of foreign countries, the economy to maintain rapid growth.

Australian immigration policy: According to the regulations of the Australian Department of Commerce and Immigration, foreigners can purchase Australian real estate through investment immigration visas.

There are three types of investment immigration visas in Australia: 188A visa, 188B visa and 888 visa. Among them, the 188A visa is applied for by investing in a business, while the 188B visa is applied for by purchasing Australian real estate.

There are requirements for the minimum investment required for the 188B visa, as well as other eligibility requirements.

Australia** Taxes are levied on foreign home buyers. Taxes and fees for foreigners buying a house include stamp duty and other taxes. Among them, foreigners in Australia need to pay stamp duty when buying property.

In addition, if the property purchased by a foreigner is an investment property in Australia, it is also subject to capital gains tax of 10%.

Things to note when buying a house in Australia:

1. Pay attention to the orientation of the house

The orientation of the house is a problem that tenants are more concerned about, because the quality of the orientation is one of the important factors that determine the comfort of living in Yuzhou and the lighting of the house, and it has no impact on the property.

2. Architectural style

The architectural style and the type of house also have a great influence on the ** debate, and the Victorian style architecture in Australia is more popular, because it is more artistic value, but the style of the house is not as special as possible, and it is too unique and often lacks popularity.

Australian immigration policy: People who do not have the right of abode in Australia can buy real estate, land, cars and other properties in Australia, but it is impossible to rely on the purchase of real estate to obtain immigration qualifications. Australia's immigration policy currently accepts foreign immigrants into several categories: refugees, family immigration, business immigration, skilled and hired immigration, and accepts direct long-term residence immigration from a few countries, but it is not yet open to Chinese citizens.

Australian Housing Immigration Policy 1Foreigners apply to FIRB to buy Australian real estate. The Real Estate Institute of Australia (REIA) is a regulated way for Australian outbound investment that is comparable to the open practices of countries such as the United States.

It is suitable for overseas people who buy and invest in Australian property with the goal of increasing the number of new homes**. In addition, non-statutory bodies advise ** on behalf of Australia's overseas investment policy and provide some relevant purchasing guidance. Clause.

2. The guiding principle of the FIRB's foreign investment approach for foreign buyers who buy Australian property is to introduce it into a new home to increase **. Eligible foreigners (mainly temporary residents and foreign ex-type non-residents) can buy property in Australia according to their investment, housing and other needs! 1.

Temporary ResidentsTemporary residents either hold a temporary visa that allows them to stay in Australia for more than 12 months (regardless of how long they stay on the visa) or apply for a permanent visa and hold a bridging visa that allows them to stay in the country until the application is finalized. Before purchasing a residential property, they need to apply for and obtain approval from the FIRB for foreign investment, which needs to meet certain criteria: (1) The temporary resident population can only purchase a maximum of one completed dwelling, which must be their primary place of residence.

They cannot rent out any part of the property and must ensure that the property is vacant at the time of settlement. (2) Reconstruction can indeed increase the housing stock, and they can usually buy the houses that have been built for reconstruction; The project will be completed within four years from the date of approval, and existing houses shall not be rented out until they are demolished and reconstructed. (3) Temporary residents cannot purchase existing houses as investment properties.

For new homes, the temporary occupants face few restrictions. As long as the FIRB approves each acquisition, they can buy as many homes as they want. Of course, temporary residents can also purchase vacant land for residential development, but the development needs to be completed within four years from the date of approval, and a certificate of completion of the project must be submitted within 30 days of receipt.

2.Foreign Non-Australian Resident Foreigners are non-citizens who do not ordinarily reside in Australia. They include individuals, foreign countries**, companies and general partners of limited partnerships that meet the definition of a foreigner, as well as trustees of trusts who meet the terms of this provision.

Before purchasing a residential property, these individuals need to apply for and obtain approval from the FIRB for foreign investment, which needs to meet certain criteria: (1) cannot purchase an established home, but can purchase a new home unconditionally. Although FIRBs generally require approval before each acquisition, there is no limit to the number of new homes they can buy.

2) Foreign non-Australian residents are usually allowed to buy existing homes for redevelopment. As long as the redevelopment does increase the housing stock, the project will be completed within four years from the date of approval, and the existing houses will not be rented out or rebuilt until they are demolished. (3) Purchase vacant land for residential development, but it must be completed within four years from the date of approval, and the completion certificate of the project shall be submitted within 30 days after receipt.