Foreign investment in real estate is highly appreciated by many businessmen thanks to its large and stable profitability. In particular,Australian real estate is considered a lucrative market for many investors.
From the developed real estate market…
The Australian real estate market has a fast-growing and quite dynamic growth rate. Australian property values are growing rapidly (from 7-10% per year), especially in the two cities of Sydney and Melbourne. According to HSBC, the Australian real estate market mainly grows in the segment of garden villas and apartments because of its convenience and reasonable investment costs. When searching for property in Australia, people often tend to look for a house in Melbourne because this is a large city, has a developed infrastructure, a quality education and health system, and many job opportunities. do and ensure security.
Under Australian law, foreigners are allowed to invest in real estate in Australia and have the right to own it permanently. You just need to apply for a license from the Foreign Investment Regulatory Board (FIRB). The transaction of buying and selling houses in Australia will have to be done through the lawyer of both the buyer and the seller, the lawyer will represent the buyer to check the legality and construction process … to ensure the property for the buyer. The Australian real estate market is also highly transparent, so investors can be completely assured when investing in Australian real estate. Coming to the benefits When buying real estate in Australia, you will enjoy many attractive benefits. First, it’s the monthly rental income and the year-over-year growth in house prices. If you have children preparing to study in Australia, buying property is also extremely beneficial and convenient for your children. It will be easier to prove finance because the buyer already has legal assets in Australia. The monthly rent amount can also help your children cover their daily living costs in Australia.
Upon completion of the course, if your children do not intend to stay in Australia, you can sell the home they invested in. In case your children intend to settle in Australia, you do not need to worry about housing and accommodation. Besides, for those who intend to immigrate to Australia, owning real estate also helps you get extra points in the assessment scale, so that the whole family of 3 generations can settle down together in Australia. Australia in a short time with simpler procedures.
With practical advantages and benefits, it can be seen that investing in Australian real estate is a smart choice for Vietnamese businessmen. If you intend to invest in this segment but are still confused, let MattLaw help you. Mattlaw owns a team of professional staff, rich in professional experience with high enthusiasm, ready to serve you. We will work directly with customers and investors in Vietnam to understand their needs, and then devise appropriate strategies to help them achieve their goals effectively.