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Aus Property Mastery with PK

Ultimate Guide: Aussie Property On Temporary Visa

21 Jul 2024

Description

The ultimate house buying guide for Australian Temporary Residents! There are so many things to consider:  - Bank Lending  - Extra Govt Fees  - Property Buying Restrictions    So should you buy a home or investment property on a Temporary Visa, before getting your Permanent Residency?    We have Suman Dua & Jolly Dua from Nationwide Migration to discuss:  - Type of temporary visas eligible to buy property & where migrants are entering  - Are migration levels really dropping off  - Why middle ring Brisbane, e.g. Strathpine, Redcliffe etc could see a huge influx of immigrants and housing demand..  - Federal & State Government requirements  - Foreign Investment Review Board costs  - Stamp Duty costs  - Buying with an Australian PR/ Citizen  - Capital Gains Tax  - Buying as a New Zealand citizen  - How to get a loan  - Interest rates  - Bridging visas  - And so much MORE    This episode is PACKED with extreme detail.Thank you to: www.sumandua.com.au         Discussion Points: 00:00: Introduction 02:10: Busting migration myths & talking visas  14:21: Are migration levels really dropping off? 17:55: Temporary visa holders plugging skills shortages 20:54: A deep dive into FIRB 23:18: Buying property as a temporary resident  35:23: The situation for New Zealand investors 41:48: What to ask the professions: grants, stamp duty, tax & joint tenancy 48:44: Should temporary residents actually consider property investing? 56:11: Looking at the lender perspective  01:04:04: What can I buy and how much can I borrow? 01:12:41: Conclusion About The Host:   Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.    PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.  Resources: Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/ Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta Disclaimer: No Legal, Financial & Taxation Advice The Listener, Reader or Viewer acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only; We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information; We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer; The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant; The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances; We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.  See omnystudio.com/listener for privacy information.

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