Wednesday, September 30, 2020

Buying A House In Australia When Moving From New Zealand

 

There are numerous New Zealand citizens that buy property in Australia every single year. While there are some restrictions in place, the truth is that the process is pretty straightforward.

Basically, if you are not a resident and you are moving to Australia from NZ, you need to be approved by the FIRB (ForeignInvestment Review Board). The house that you purchase has to be a primary residence. When you do not want to live in the country full-time, you have to purchase new-build properties.

Obviously, since you are reading these paragraphs, you are moving to Australia from New Zealand so we do not have to worry about property investments. With this in mind, here is what you have to know about the subject.