Who can buy what on the Australian real estate market
Foreigners non-residents
Can buy
with FIRB* Aproval
Vacant land
Must build on a residential property within 4 years
New Dwelling
No rules for the occupancy
Can rent it
Can buy it as much as you want
Without FIRB* Aproval
Established dwelling
If the property is part of
« Integrated Tourism Resort* »
If it was built by a developer
who obtained an Exemption Certificate
Who are they ?
Tourists
Persons with initial visas of less than 12 months
The others
Who are they?
New Zealand citizens
Permanent Residents
Australian citizens
Can buy
Anything they want
Without FIRB* Aproval
Temporary residents
Can buy
All types of property already
listed for Foreigners Non-Residents
The same rules apply
With FIRB* Aproval
An established dwelling
Principal residence
The only one in Australia
No renting / no subletting
Commit to reselling within 3 months if it
ceases to be your principal residence.
With special FIRB* Aproval
Have an Established Dwelling
Exemption Certificate
Buy via auctions
Who are they ?
Migrants
Visa with an INITIAL validity of
more than 12 months continuously
Bridging visa after applying
for a permanent visa