Rich Harvey

speaker
1,863 appearances 17 recordings 1 series first heard Jan 2022 last heard Oct 2022

Rich Harvey’s voice in public audio — every appearance, attributed to the second.

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thing back here.
It can be done.
You can buy property remotely.
We've done a lot of work for expats over the years and helped a lot of people buy properties from 500,000 through to 10 million.
What we do is we walk through, we'll do a live walkthrough video and just getting a second perspective and eyes and ears on the ground makes a huge difference.
A lot of expats want to do a renovation and trying to do a renovation remotely can be really tricky or they want to do a build remotely.
But as you would know, construction costs have gone through the roof.
So it's really important if you are going to go down that route that you appoint a good project manager to undertake that renovation for you.
You do need to get the right tax advice if you're an expat and there are specialist advisors that can provide that.
Also getting loans.
If you're earning dollars in US dollars or Sing dollars or Hong Kong dollars, there's special loans.
You can get multi-currency loans, but you've got to watch that because you're exposed to exchange rate fluctuations.
So again, make sure you get specialist advice.
And we've got brokers that are based in Singapore and Hong Kong that can help you.
Well, it's quite significant.
We've just had massive floods again in New South Wales this week.
There's been flooding in Brisbane the last couple of years.
So you've got to be really careful on where you buy your property and make sure it's not going to be flood affected or adversely affected by some kind of natural disaster as well.
Another thing to think about is foreign buyer duty.
There's rules around your tax status and how many days you spend in Australia.
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