Australia is a great country boasting fabulous beaches, great weather and a good lifestyle. So it comes as no surprise that real estate sparks the interest of high wealth investors who want a home away from home, or simply as a natural consequence of close social ties in Australia.
Aside from the regular approvals required by the Foreign Investment Review Board (FIRB) and structures appealing to sophisticated investors, some of the most common forms of property ownership are outlined below.
This post is intended to provide a quick introduction to common ownership forms of real estate in Australia. It is not intended for corporate investment vehicles, managed investment trusts, real estate investment trusts and sophisticated commercial investors with more complex tax considerations.
Should you have any questions in relation to the above or in relation to more complex arrangements, we will be glad to assist you.