Dream Design Property (DDP), Understand Property Investment Rules in Australia before Investing in Commercial Properties

Dream Design Property (DDP), Understand Property Investment Rules in Australia before Investing in Commercial Properties

Australia is fast becoming one of the best destinations for property investment. Stable economy and engaging lifestyle compel few people to stay here permanently while others end up making property investment in the country. If you are a non-resident of Australia and planning to purchase a property, try to understand certain rules pertaining to purchase of commercial property in the country.

In the country, commercial land means any building on the land or seabed of the offshore area where:

·       Not more than 10 number of dwelling can be built

·       Land is solely used for primary production business

·       One dwelling (beside commercial residential premises) is already present


All foreign investors need to seek approval from the Foreign Investment Review Board (FIRB) before purchasing commercial property in the country. Certain category of buyers is exempted from the rule. These buyers are:

·       Australian expats

·       Australian citizens

·       New Zealand citizens

·       Permanent Residents (PR)

Along with approval, non-residents need to submit FIRB application fee also which vary for developed commercial land, vacant commercial land, agricultural land and land used for exploration, mining and production. Similarly, there are certain set of rules with regard to commercial property loan granted to non-residents or foreigners in Australia. Other domains like stamp duty and property taxes also need to consider. So, if all these restrictions are holding you back for making commercial investment in the country, need not to fret. There are many real estate agents in the country that has been helping people by completing all legal formalities on their part.

Dream Design Property is one of the leading Property Investment and Management Companies helping residents and non-residents in choosing the right residential and commercial property. Moreover, the company also helps its clients in completing all legal formalities in the most effortless manner. So, simply speak to company’s professionals, disclose your requirements and your status (resident or foreigner), they will offer property investment solutions accordingly.

Know more detailed information about Dream Design Property (DDP).

Click and Read: - DreamDesign Property Reviews

Also Read: - Dream Design Property 2021

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