We are often asked about the possibility of non-Australian citizens buying Australian property. Here is a précis of the Foreign Investment guidelines.

Full details are contained in the Australian Government's Foreign Investment Review Board website

www.firb.gov.au

The Australian Government seeks to encourage inward foreign investment, acknowledging that it is a positive contributor to economic growth. Australia operates a 'screening' process which is transparent and very liberal. Generally speaking, proposed investments are approved unless considered contrary to the national interest.