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Buy a property in Australia


If you’re not a permanent resident in Australia, you still can buy a property in the country but restrictions apply. If you hold a temporary visa exceeding 1 year, you can buy a property. You’ll have to live in the property you are buying, but you can’t rent it at any rate. When your visa comes to an end, you’ll have to sell your property.

Good to know:
If you intend to buy a property in Australia, know that many taxes apply (insurance, local taxes etc.)

Useful links:
Department of Lands – Land ownership
lands.nsw.gov.au


Article written by Expat blog
Last update on 2009-06-10 20:55:10
Guide section: Accommodation

 

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