Can non-residents invest in Australian real-estate?
Yes, non-residents who wish to invest in Australian real-estate must have approval from the Foreign Investment Review Board. There are conditions governing the approval for the following foreign investment property types:
- Residential Real Estate
- New Dwellings and Vacant Land
- Established Dwellings
- Commercial Real Estate
Are non-residents eligible for Ijarah Finance?
Yes! Ijarah Finance are proud to offer non-residents the ability to enter the Australian property market without having to enter into an interest-based mortgage. Applicants must already have approval from the Foreign Investment Review Board before making an application for Ijarah Finance.
A serviceability assessment will be undertaken to determine eligibility for Ijarah Finance. All documents must be translated by the National Accreditation Authority for Translators and Interpreters (NAATI).