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Investing in Australian land plots is comparably easy to other Asian countries like Thailand, the Philippines, and Indonesia.
Foreign investors generally only have to apply for approval to the Foreign Investment Review Board (FIRB), but few applications have been rejected.
Worth mentioning is that your nationality and what land type you plan to buy affect the requirements. In this article, I present the key information when foreigners buy land in Australia.
Topics covered:
- Can foreigners buy land in Australia?
- Land Types Available to Foreigners
- Process of Buying Land in Australia
- Land Prices in Australia
- Taxes
Can foreigners buy land in Australia?
Australian citizens can own land on a freehold basis, which is contrary to developing countries like Vietnam where land is controlled by the state. As such, in this article, we primarily focus on how it works when foreigners acquire land in Australia. Continue reading How to Buy Land in Australia: A Complete Guide