Why Buy an Australian Property
Australia is enjoying one of it's most successful economic periods
and the property market has benefited greatly from this.
With steady growth in GDP (approx 2 to 3%pa), traditionally low
interest rates and it's lowest unemployment rate for decades, the
safe investment environment is expected to continue.
There are many reasons why to buy an Australian Property, they
include:
Strong Investment Performance
Australia has been one of the worlds most consistent Property
markets over the past 30 years, providing secure returns in excess
of 7%pa over this period, and has experienced fewer years of
decline than almost any other international property market.
When this is coupled with the fact that the Australian Property
market has shown an ability to resist downward shifts in prices,
this allows investors to hold property over the long term with
great confidence.
The Australian property market is underpinned by a strong and
regular inflow of migrants and a stable economic base that further
ensures that the demand for Australian property continues to grow
from both the influx of new arrivals and the increasing demand of
the local market for quality Australian property.
A stable rental market also ensures that investors can readily
obtain tenants for their property, essential for the long-term
success of any investor.
For a quick Snap Shot of each State of Australia, simply select
from the adjoinging map.
Safe Legal Structure
Almost all property offered for sale in Australia comes with clear
and distinct freehold title. The legal system is weighted heavily
to protect the interests off all landowners and does not
discriminate against foreign owners in any way.
Furthermore, the strong consumer laws that govern the standards of
construction will ensure you can safely rely on developers
delivering you a property built to the most stringent
specifications, that will look as new for many years to come. In
Australia, the building industry is a well respected and highly
skilled profession that takes great pride in the quality of its
workmanship.
The laws protecting the interests of landlords are very clear and
ensure that you are always safeguarded against issues of squatters,
of delinquent tenants to further enhance your investment through
the legal system.
Future Migration to Australia
If you are contemplating migration to Australia at some future
date, then acquiring property prior to your arrival is indeed
beneficial.
Not only will it allow you to possibly acquire your future
residence at “today’s” price rather than the increased value when
you actually relocate, but it will provide you with a strong
financial platform upon your arrival to build a more secure life in
your new country.
It may also provide you with distinct tax planning advantages to
reduce the impact of Australian taxation when you become an
Australian resident.
Future Expatriate Return to Australia
As an Australian expatriate it is very likely that one day you will
return to Australia to live and work.
Acquiring property during your time, as an expatriate is far more
affordable due to the improved financial circumstances most
expatriates find themselves in. This coupled with the fact that you
are also going to have the benefit of being a landlord and
collecting rent, usually means that you can afford a substantially
better property than you could have afforded whilst living in
Australia.
This may mean that you can return to live in a better suburb than
you ever possibly thought, acquired in a much more affordable way
and with the further benefit of substantial tax benefits available
to you whilst living abroad.
Accommodation during children’s study in Australia
If you are contemplating having your children educated in
Australia, be it for High School or University, then purchasing an
Australian Property for them to live in during the period of study
can provide many benefits.
The cost saving of not paying rent plus the growth in value of the
property can in fact recover all the cost of the education, giving
you a Free degree for your child.
Tax planning benefits for Investors, Expatriates & Intended
Migrants
The Australian tax system is extremely friendly for Australian
property investors based abroad.
It is indeed possible to invest “Tax Free” when you structure your
purchase with a prudent level of borrowing, and take advantage of
the significant tax incentives offered to you by the Australian
Government.
For investors, this can mean a safe tax-free investment in
Australia.
For Expatriates and Intended migrants, these tax incentives can be
built up to offset future Australian income such as salary or
retirement income, ensuring a tax free retirement or significant
tax free earning period when you do relocate or return to
Australia.
Our Free Property Tax Estimator will quickly demonstrate the
taxation and financial advantages of being an Offshore based
Australian Property Investor.
Whatever your motivation for considering Australian Property
investment, I am sure that when you compare the quality, variety
and safety of Australia to any other property market, it will stand
tall to justify your decision to include Australian property as
part of your portfolio.
