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Is it possible to buy property in australia while on student visa?
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Is it possible to buy property in australia while on student visa?

Hi..I m going to australia on students visa..just want to know..is it possible to buy property in australia while my studies.


    




Ozmaniac
You are allowed to purchase property but must get Foreign Investment Board (FIRB) approval. It isn't difficult to get approval for the purchase of residential real estate:
http://www.firb.gov.au/content/real_estate.asp

EDIT:
Note that owning property in Australia gives you no right of residence and changes nothing related to your visa eligibility.


Javed I
Hello
There are certain property buying rules both for residents and non-resident. Since you are going for study and intend to buy property you must be aware of the Non-Resident rules governing purchase of property.
Non-residents
All proposed acquisitions of urban property by non-resident foreigners must be approved by the Foreign Investment Review Board, c/o Department of the Treasury, Langton Crescent, ACT 2600 (Tel. 02-6263 3795, www.firb.gov.au).





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