Foreign Investment in Australian Property

Foreign purchasers intending to acquire real estate in Australia must seek prior approval from the Government through the Foreign Investment Review Board (FIRB).

All contracts by foreign persons to acquire interests in Australian real estate must be made conditional upon foreign investment approval, unless approval was obtained prior to entering into the contract as is often the case with large high density developments (e.g. hi-rise buildings).

For more information refer to the FIRB website www.firb.gov.au

The Pacific Lifestyle Property collection generally has approval for foreign investment, however each sale is assessed case-by-case.