Welcome to all Overseas Investors

Australia encourages overseas Investors to purchase homes, apartments and property in Australia. Australian Property is an easy asset to maintain from overseas. We at PRG Property Investments are well experienced in assisting overseas Investors to purchase property. We also arrange the management of the property on your behalf by appointing qualified Property Managers to obtain tenants and fully manage the Property. Government legislation ensures that the Tenants And Landlords rights are protected by law. Most Property purchased in Australia is Freehold Title, meaning that it is owned by the Investor.

Purchasing Guidelines

" Australian Citizens and Permanent Residents can acquire any property in Australia." The Australian Government through the Foreign Investment Review Board (FIRB), regulates the sale of Australian Property to overseas persons and corporations. Most of PRG's properties qualify for purchase by overseas Investors. " Foreign Nationals can purchase:" New Property Residential Projects or Apartments - up to 50% of the total project can be purchased by foreign nationals. Vacant Land - only if construction begins within twelve months of purchase. See our House & Land Packages. Established Property - only if an additional amount of no less than 50% of the original property cost is spent on an additional construction (consent of FIRB is required). Please confirm your circumstances with your professional adviser. This information should not be construed as advice.

 

FIRB Approval

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