What is the Foreign Investment Review Board

What is the Foreign Investment Review Board and What do They Do?

The Australian Government is very open to the idea of foreign investment; this has helped build the economy in the country and enhances the wellbeing of people as it supports economic growth & prosperity. Before an overseas investor commits to buying property (residential or commercial), in Australia they have to seek approval from the Foreign Investment Review Board (FIRB). Read more

Reasons why Australian Property is Great for Overseas Investors

Reasons why Australian Property is Great for Overseas Investors

For years, Australia has been a hot destination for overseas investors and people from across the world want to get a slice of the Australian real-estate pie. As per the Reserve Bank of Australia, foreign investment in various residential properties has increased from $6 billion/year in the 1990s to over $17 billion in 2012-13. By most current estimates, the value of the foreign approvals for residential property purchases exceeded 12% of the total dwelling turnover. Read more

Luxury Quotient to a Home

What Adds the Luxury Quotient to a Home

Luxurious living spaces don’t happen by accident- the homeowners, architects and builders involved in the project make every effort to ensure that the space is rendered in a special way and that the residence has all the elements that will classify it as being a luxurious home. It’s always a combination of various factors that go into making a home upscale and special. Let’s take a look at what these are. Read more