Important new changes to Australia’s foreign investment policy
The Australian Government has announced it will shortly amend its Foreign Investment Policy.
This amendment will have a material effect on residential land buyers.
The big change is that temporary residents may purchase second hand dwellings. This took effect from 18 December 2008, but will change again shortly.
For more information please read our brochure
If you have any concerns or need any assistance regarding Australia’s Foreign Investment Policy please contact us.