Do you plan to buy property in Australia?
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Australia is popular among commercial property investors who look for a politically stable country with a strong economy in the Asia Pacific.
With a growing population, especially in the bigger cities, we’ll see a greater demand for commercial property here in the future.
Commercial property can give you high returns, but is rarely talked about compared to residential property. In fact, commercial property generally gives you a return of 5% – 12%, while residential property averages at around 3% – 4% in Australia.
In this guide, you’ll learn how you can invest in commercial property in Australia as a foreigner, where to invest, how high the taxes are, and more.
Can foreigners buy commercial property in Australia?
Foreigners generally don’t have any issues to invest in commercial property. However, you sometimes need approval from the Foreign Investment Review Board (FIRB).
Continue reading Investing in Australia Commercial Property: A Complete Guide