The ultimate house buying guide for Australian Temporary Residents! There are so many things to consider: 

- Bank Lending 

- Extra Govt Fees 

- Property Buying Restrictions 

 

So should you buy a home or investment property on a Temporary Visa, before getting your Permanent Residency? 

 

We have Suman Dua & Jolly Dua from Nationwide Migration to discuss: 

- Type of temporary visas eligible to buy property & where migrants are entering 

- Are migration levels really dropping off 

- Why middle ring Brisbane, e.g. Strathpine, Redcliffe etc could see a huge influx of immigrants and housing demand.. 

- Federal & State Government requirements 

- Foreign Investment Review Board costs 

- Stamp Duty costs 

- Buying with an Australian PR/ Citizen 

- Capital Gains Tax 

- Buying as a New Zealand citizen 

- How to get a loan 

- Interest rates 

- Bridging visas 

- And so much MORE 

 

This episode is PACKED with extreme detail.Thank you to: www.sumandua.com.au

 

 

 

 

Discussion Points:

00:00: Introduction

02:10: Busting migration myths & talking visas 

14:21: Are migration levels really dropping off?

17:55: Temporary visa holders plugging skills shortages

20:54: A deep dive into FIRB

23:18: Buying property as a temporary resident 

35:23: The situation for New Zealand investors

41:48: What to ask the professions: grants, stamp duty, tax & joint tenancy

48:44: Should temporary residents actually consider property investing?

56:11: Looking at the lender perspective 

01:04:04: What can I buy and how much can I borrow?

01:12:41: Conclusion

About The Host:

 

Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music. 

 

PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time. 

Resources:

• Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/
• Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty
• Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta

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