Wednesday, July 17, 2019

Can You Have Your Own Property with Australia PR Visa?

Among so many preferred overseas destinations for you to choose from, Australia has emerged as one of the best and the most trusted worldwide when it comes to immigration. But the buck does not stop with migration, with Australia PR Visa which promises you and your family a lifetime of security and benefits you have your life sorted ahead for your future generations.

Being world-class in terms of providing a variety of wide-ranging courses in its top-level universities, along with Medicare and insurance to cover your colossal medical bills during any emergencies or healthcare problems, the Government of Australia ensures that you are taken care of in every possible manner.

For this, they have even dedicated a smartly structured social security system for you, that includes unemployment allowance, maternity benefit, tax exemption as well as disability and pension for the senior citizens. With affordable housing and a highly efficient transportation system, it becomes a comfortable transition when you Migrate to Australia in search of umpteen employment opportunities or a high quality of living.

One of the first things that must be taken care of, when you immigrate to Australia is the housing, as that is one of the most fundamental requirements for a migrant coming to live as permanent resident. Also, you need to take care of things like enrolling your children in to a school, opening a bank account, applying for a credit card, getting a driving license and much more. Accordingly, you must prepare your documents and applications, as they will be required at every step.

Once you have moved to the Australian province of your residence, you can even own your own property. But buying a property is a big choice, which requires in-depth research, studying the real estate market. When it comes to purchasing a property since you are an overseas buyer you must read between the fine line of the terms and conditions of the property, so as to not skip or miss any detail while buying a house.

One of the best things about getting owning your property in Australia, that you can do the same not only if you are permanent resident, but also as a temporary resident of the country. This can be done as long as you comply with the terms and conditions designed by the Foreign Investment Board.

If you wish to buy a property with an Australian partner or citizen, then the rules are different from that of yours.  In such a case as the only individual you will be required to get an approval from Foreign Investment Review Board (FIRB) prior to purchasing a property in Australia. You can visit their website for further clarifications regarding the same or have your Australia Immigration Consultants, check it for you, since they have better understanding of Australian immigrant rules regarding owning a property.

For further assistance on how can you own a property with Australia PR Visa, get in touch with our certified immigration professionals.

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