Guest clark66 Posted September 29, 2011 Report Share Posted September 29, 2011 Hi fed up renting, would like to buy, can we? do we pay stamp duty? are we classed as first time buyers? help:arghh: Quote Link to comment Share on other sites More sharing options...
Guest sunnywa Posted September 30, 2011 Report Share Posted September 30, 2011 You can buy a house on a 457 visa, but I think you are restricted to buying a brand new house never lived in before. An application has to be made to the Forgein Investment Review Board ( this is just a formality) You do not qualify for the first time home owners grant as this is only available to permanent residents. You will be liable for the stamp duties etc etc Quote Link to comment Share on other sites More sharing options...
Guest 4YearItch Posted October 27, 2011 Report Share Posted October 27, 2011 Hi The only reason we got our residency status was for buying a house. As sunnywa has listed, it's just not worth it on a 457 visa. The other downside is when you leave the country you have to sell as it's not allowed to have any foreign investment. Quote Link to comment Share on other sites More sharing options...
Guest misscathcart Posted December 3, 2011 Report Share Posted December 3, 2011 Have the rules changed as around ten years ago we applied to FIRB and were able to buy a home as British citizens with only tourist visas subject to the following: The property had to be new, the builder had to have built a certain number of homes to the same design and sold them to Australians. When the property was sold the buyer had to be Australian. I think you will find there are plenty of homes owned by people from overseas. Quote Link to comment Share on other sites More sharing options...
Guest donki Posted December 5, 2011 Report Share Posted December 5, 2011 As far as Im aware you dont have to buy a new house ... you do have to have a minimun of 20% deposit plus the required stamp duty Quote Link to comment Share on other sites More sharing options...
derham Posted December 5, 2011 Report Share Posted December 5, 2011 Guy's if you are a first time buyer and the house valueis under $500K you dont pay any duty http://www.finance.wa.gov.au/cms/content.aspx?id=2011 Quote Link to comment Share on other sites More sharing options...
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