Property Finance

Whether you’re an expatriate, a Singapore national or a resident of any other country, we can help you to finance property in Australia and New Zealand. We also have expertise in finding the right mortgage solution for people looking to purchase property in Singapore.

Why is investing in Australian and New Zealand property so attractive?

• Long term annual growth is a key factor.
• Relatively high rental returns in both Australia and New Zealand – 4% to 6% p.a.
• Stable economic and political environment
• Property can be purchased by non-residents
• For expatriates it provides long term financial stability and a home to live in on return to their country of birth.
• Favourable tax concessions for non-residents
• Option to borrow in domestic or foreign currencies

Government approval

There are a few key guidelines for foreigners purchasing property in Australia, New Zealand or Singapore.

Australia

Foreigners are eligible to purchase new properties including properties being sold off the plan, properties that have not been previously sold by a developer or rented out for a period of no more than 12 months. Vacant land can also be purchased as long as property development commences within 24 months. Foreigners are not eligible to purchase second hand property.

For further information, please refer to the Foreign Investment Board’s website.

New Zealand

There are no restrictions for foreigners purchasing property in New Zealand apart from the purchase of land that is deemed to be in a sensitive area. Sensitive areas tend be in the coastal areas or on the smaller Islands of New Zealand.

Singapore

Foreigners are eligible to buy apartment units without seeking approval from the Singapore Authorities however, approval from the Singapore Land Authority is required to purchase land titled property such as houses, bungalows and vacant plots of land.

For further information, please refer to the Singapore Land Authority website.