Property in Australia has long been a popular choice for overseas buyers, and Western Australia is no exception.
Known for its strong economy driven by its mining, energy and resources sectors, high-quality of life, the state offers a safe and appealing destination for international property investors.
Whether you are an Australian expat, a foreign buyer who is soon relocating to Perth or an international investor looking to buy in Perth, Resolve Property Solutions buyer’s agents can help you in that journey.
Perth offers a diverse range of property options in a thriving market – whether you’re looking for urban apartments, expansive suburban homes or something in between. This dynamic market is ideal for both lifestyle buyers and investors looking to capitalise on the city’s growth.
How we help international buyers in Perth
Eligibility requirements for international buyers in Perth
Unlike some countries, Australia does not have overly restrictive foreign investment laws. However, non-residents must obtain approval from the Foreign Investment Review Board (FIRB) before purchasing residential property.
The FIRB is an Australian government body that regulates foreign investments, including real estate transactions. If you’re a non-resident or a temporary resident, you must obtain FIRB approval before purchasing a property in Australia.
In Western Australia, international buyers are also subject to meeting certain requirements.
As your buyer’s agent, we will discuss these federal and state eligibility requirements in detail with you so that you are aware of the impact of these regulations on your purchase.
Why international buyers in Perth need a buyer’s agent
Trying to buy property from another country can be challenging. Time zone differences, legal complexities, and unfamiliarity with the local market can make the process overwhelming.
This is why a buyer’s agent is invaluable for international purchases. With years of experience helping international clients, Resolve Property Solutions’ buyer’s agents are well-equipped to navigate these challenges on your behalf.
We offer deep expertise in the Perth property market, exceptional negotiation skills, and a streamlined handover process. Throughout your journey, you’ll receive regular updates and detailed reports, keeping you fully informed every step of the way.
FAQs about buying property in Perth as an international buyer
Generally, international buyers in Perth are allowed to purchase new dwellings, such as newly built apartments, townhouses or houses, as well as vacant land for residential development. The FIRB has specific rules for different types of residential property investments.
Yes, international buyers can secure home loans in Australia, although the terms and conditions may differ from those available to Australian citizens and residents. We can connect you with a mortgage broker experienced with international clients who can help you find competitive loan options.
Just like anywhere else, purchasing property in Perth involves costs like stamp duty, land tax, legal and conveyancing fees, inspection fees, and council rates. Our experienced buyer’s agents can provide a detailed breakdown of what to expect.
In addition to the standard property purchase costs, international buyers may face additional charges, such as the Foreign Citizen Surcharge, which varies by state. In Western Australia, this surcharge is currently set at a rate of 7% of the property’s value.
Perth offers a compelling investment opportunity with its strong economy, relatively affordable housing, and growing population. The city also boasts a high quality of life, with beautiful beaches, parks, and vibrant social scenes.
The most popular Perth suburbs for international buyers vary based on lifestyle preferences, investment goals, and proximity to amenities. To find the best fit for your needs, consult one of our expert buyer’s agents.
The timeframe for purchasing property in Perth can vary depending on factors like FIRB approval, financing, and legal processes. Our buyer’s agents work diligently to streamline the process, keeping you updated every step of the way.
Yes, international buyers can rent out their property in Perth. However, it’s essential to understand the local rental market and regulations. Our team can connect you with trusted property management services to help you maximise rental returns and manage your property efficiently.
