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In 2023, Australia ushered in a big increase in migration, with former senior immigration officials expecting Australia's annual net migration population to reach 300,000. In addition, the international student population has also ushered in a big growth, especially in February 2023 (with the new Chinese mainland policy seeing tens of thousands of international students returned to Macau). Under the combination of multiple factors, Australia's rental market has shown unprecedented prosperity. It is said that Australia's major cities have fallen into a rental famine. It is generally believed that Melbourne and Sydney are the most difficult cities to rent in because they have always been Australia's largest population-wise and they see the most frequent housing transactions of the international metropolis. But what I never expected is that the hottest city in the entire Australian rental market is actually - Perth. According to SQM Research, Perth's home vacancy rate has fallen to an all-time low of 0.4% in January 2023. In 2023, Australia ushered in a big increase in migration, with former senior immigration officials expecting Australia's annual net migration population to reach 300,000. In addition, the international student population has also ushered in a big growth, especially in February 2023 (with the new Chinese mainland policy seeing tens of thousands of international students returned to Macau). Under the combination of multiple factors, Australia's rental market has shown unprecedented prosperity. It is said that Australia's major cities have fallen into a rental famine. It is generally believed that Melbourne and Sydney are the most difficult cities to rent in because they have always been Australia's largest population-wise and they see the most frequent housing transactions of the international metropolis. But what I never expected is that the hottest city in the entire Australian rental market is actually - Perth. According to SQM Research, Perth's home vacancy rate has fallen to an all-time low of 0.4% in January 2023. Over the past year, while the Australian property market has generally come under a lot of pressure, Perth has become Australia's best-performing capital city thanks to strong economic momentum and population growth. Foreigners buying property in Perth, Australia, has also become the first choice for overseas people. It can be said that in this round of adjustment cycle for Australian house prices, Perth not only withstood the pressure of repeated interest rate hikes and maintained a steady rise in house prices, but it also unexpectedly reaped the highest rent increase in Australia! So what exactly are the advantages of buying property in Perth? Is it still a good time to buy a property in Perth, Australia? First, the economy is developing strongly Since May 2022, the RBA has raised interest rates nine times in a row. Although rising interest rates have triggered predictions of a 10 to 20% decline in property prices across Australia, many areas have not been greatly affected, with some even bucking the market and house prices have risen. This is the case in Perth, where Australia's house price correction has bucked the trend with a small but significant growth trend. Economic indicators are an important factor in measuring whether an area is worth investing in. It's the same with foreigners buying property in Perth, Australia. Perth's economy is driven by a number of industries and factors, the most important of which are mining and the extraction of natural resources, (particularly iron ore and natural gas). In addition, Perth has a number of other important industries - such as agriculture, fishing, manufacturing, tourism and technology - which have boosted investors' confidence in buying property in Perth. Perth is also one of Australia's education hubs, attracting a large number of international students to study. At the beginning of 2023, many international students chose to buy a house in Perth outright because of the difficulty of renting a house there coupled with the high rent. This has further pushed up property prices in Perth. The reason why I emphasize the importance of economic development for a city is because of the close relationship between economic stability and tenants. During boom times, people are generally more likely to tolerate high rents and rising rents because their incomes are relatively high. In times of economic downturn, tenants often cannot afford high and rising rents because their income may suffer. Perth's per capita income is currently the first in Australia, and the burden of renting and buying property is also small. In addition, economic stability also affects the employment and financial situation of tenants. If the economy is unstable, businesses may lay off employees or reduce hiring, resulting in job losses or reduced income for tenants. This will make it impossible for tenants to pay rent, putting financial pressure on landlords. Therefore, maintaining economic stability is very important for both tenants and landlords, as it can provide employment and stable income for tenants, and stable rental income for landlords. In Perth's economically stable environment, tenants can pay rent more easily, landlords can more easily maintain properties and investors can make more money by buying a property. In general, Perth's economic power sources are very diverse, which helps to improve the city's economic resilience, and the risk after investing in Perth is relatively small. Second, the vacancy rate is low and rents are soaring According to statistics from February 2023, rent in Perth has risen by 17.9% over the past 12 months and will continue to rise as competition from rental mayors intensifies. The affordability of the Perth market, combined with strong rental yields, now makes it particularly attractive to the investor market. According to the Australian Bureau of Statistics, the average salary in Perth is $1,937 per week. This is one of the highest for cities in Australia. High incomes make property prices in Perth relatively more affordable. Third, housing prices are low and affordable Due to the rapid rise in rent, which has put great pressure on renters, more and more people are choosing to buy property in Perth, Australia, and take out their own mortgages rather than handing over a similar amount of money to the landlord every month. In fact, house prices in Perth are much lower than in other capital cities, especially Melbourne and Sydney. According to SQM Researchstatisticsfrom February 2023, the entry threshold for a Sydneyhouseis very high (reaching1.07million Australian dollars). A house in Perth costs on average$813,000 - half as much. The entry threshold for a Sydneyapartmentis $740,000, whilst a Perthapartmentcostsjust $420,000. A big advantage of having a low entry threshold is that if you only have enough money to buy one property in a more expensive city, a low entry threshold elsewhere means that you can buy two properties, or even three. Plus, your rental income will increase a lot every week. I know a lot of savvy investors who will abandon a city like Sydney with a high price of property and instead buy 2 or 3 properties in Perth for a higher return, as well as lock in more room for home appreciation. All in all, Perth is a fast-growing city with a rapidly growing population, a lot of government investment, and a favor for overseas investors, all of which make Perth's property market a potential investment opportunity. Of course, there are risks associated with any investment, and investors need to make decisions on buying property in Perth based on a full understanding of market conditions. You can also watch the video below to learn more about buying property in Perth: Alison’s Story 生於香港，移居澳洲，一生與房產結緣。 隨著飛機緩緩降落墨爾本機場的跑道上，我的人生和事業也隨即換上了另一條跑道，由一名香港地產代理搖身變成澳洲地產銷售顧問，並成功考獲澳洲律師資格，放下了港人對投資買樓的思維，換上了澳洲人的房產投資視角。 在律師樓工作的日子，身邊都是擁有高學歷的專業人士，即使工資水平甚高，是社會上精英，然而他們的生活卻是終日營營役役，手停口停，難以買樓致富。 我不想他朝一日失去工作能令家庭承受巨大壓力，我花盡時間及努力鑽研財務及房產投資知識，希望盡早實現財務自由，同時讓艱苦工作多年的父母過好日子。 透過這個頻道，我會跟大家分享投資澳洲房產的知識及經驗，一起踏上財務自由之路。 Alison老師成立 investwithalison.com 這個網站的初衷是希望透過這個平台提供中立的澳洲房產資訊，協助投資者建立最合適的投資策略。 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Australia is one of the most livable countries in the world; not only rich in natural resources and cultural heritage, but also politically stable, good social order, high level of education... It can be said that when we mention Australia, we have equated it with "high quality of life". Therefore, tens of thousands of people come from all over the world every year to find ways to immigrate to Australia. Australia itself is also a large immigration country, and it is already one of the few countries in the world that still enjoys the dividends of population growth. Among the many immigration methods, "skilled migration" to Australia has always been a very popular type of visa for high-level talent. It’s also a set of visa categories established by the Australian government to introduce overseas senior technical personnel with high education, excellent English ability and rich technical work experience to alleviate the lack of professional and technical talent in the Australian workforce. Australia is one of the most livable countries in the world; not only rich in natural resources and cultural heritage, but also politically stable, good social order, high level of education... It can be said that when we mention Australia, we have equated it with "high quality of life". Therefore, tens of thousands of people come from all over the world every year to find ways to immigrate to Australia. Australia itself is also a large immigration country, and it is already one of the few countries in the world that still enjoys the dividends of population growth. Among the many immigration methods, "skilled migration" to Australia has always been a very popular type of visa for high-level talent. It’s also a set of visa categories established by the Australian government to introduce overseas senior technical personnel with high education, excellent English ability and rich technical work experience to alleviate the lack of professional and technical talent in the Australian workforce. 2023 Australian Skilled Migration Category There are many types of skilled migration visas in Australia, so we must first determine which visa is the most suitable for us and the most beneficial for our migration. Skilled Independent Visa This is a permanent residence category introduced in Australia for applicants with specific vocational skills and experience. This skilled migration visa allows the applicant to work and reside in Australia and enjoy the same benefits as Australian citizens. Skilled Nomination Visa The skilled nomination visa requires the applicant to obtain a sponsorship from an Australian state or territory before applying for a visa with the Australian Department of Immigration. Permanent Residence (Skilled Regional) visa (subclass 191) This category allows people living and working in designated remote areas of Australia on a qualifying visa to live and work in Australia permanently. Skilled Work Regional（Provisional) visa This is a category of skilled migration in Australia established by the Department of Immigration to attract skilled migrants to work and live in remote areas of Australia. Applicants in this category need to meet certain technical and vocational requirements and be sponsored by the state government of a remote region of Australia. 2023 Australian Skilled Migration Conditions Skilled Independent Visa The benefit of the 189 Independent Skilled Migration visa is that no state nomination is required, so the applicant can live and work anywhere in Australia. The visa is suitable for "applicants who can achieve a high score in the EOI score of the letter of intent" and the applicant's Australian skilled migration occupation must be on the MLTSSL occupation list. Under 45 years of age (applicants can still apply for a visa if they have only turned 45 years of age after submitting the EOI and receiving the invitation; If the applicant is submitting the EOI and is at least 45 years old before receiving the invitation, the applicant cannot proceed with the visa application) An EOI invitation is required (after submitting the EOI, the applicant will be ranked with other interested applicants and may be invited to apply for a visa) The occupation is in the list of technical occupations Successfully pass the skills assessment Both the main and secondary applicants are required to meet all health requirements Ability to score 65 points or above (an indicative score will be awarded when an applicant submits an expression of interest in SkillSelect). If the applicant does not receive 65 points, they will not be invited to apply for this visa Meet the English proficiency requirement: equivalent to IELTS 4 6 levels There is no record of visa cancellation or previous applications being rejected 2. Skilled Nomination Visa For "people who may not be able to score high enough and do not mind having a restriction on their area of residence" and whose Australian skilled migration occupation must be on the STSOL list. Applicants must obtain a nomination letter from the Australian State Government before applying. Under 45 years of age (applicants can still apply for a visa if they have only turned 45 years of age after submitting the EOI and receiving the invitation; If the applicant is submitting the EOI and is at least 45 years old before receiving the invitation, the applicant cannot proceed with the visa application) An EOI invitation is required (after submitting the EOI, the applicant will be ranked with other interested applicants and may be invited to apply for a visa) Ability to score 65 points or above (an indicative score will be awarded when an applicant submits an expression of interest in SkillSelect). If the applicant does not score 65 points, they will not be invited to apply for this visa IELTS 6 or above Applicants must meet state or territory nomination requirements Successfully pass the skills assessment Occupations are on the list of skilled occupations (each state and region has its own list of occupations) 3. Permanent Residence (Skilled Regional) visa (subclass 191) Hold an eligible visa: At the time of application, the applicant must have an eligible visa such as a subclass 491 or subclass 494 visa. They must have held this visa for at least 3 years prior to applying Taxable income reaches the minimum income threshold: The minimum income threshold must be reached within at least 3 income years Both the main and secondary applicants are required to meet all health requirements There is no record of visa cancellation or previous applications being rejected 4. Skilled Work Regional（Provisional） visa This visa is suitable for applicants who cannot meet the basic score requirement for EOI scoring and do not mind living and working in remote Australia. Under 45 years of age An EOI invitation is required (after submitting the EOI, the applicant will be ranked with other interested applicants and may be invited to apply for a visa) An English proficiency level of IELTS score of 6 or above is required The "EOI" score is at least 65 points The occupation is in the list of technical occupations Successfully pass the skills assessment There is no record of visa cancellation or previous applications being rejected Occupations are on the list of skilled occupations (each state and region has its own list of occupations) *This policy is subject to change from time to time; the specific information is subject to the official website of the Australian Government: https://immi.homeaffairs.gov.au/ Australia, which has recovered rapidly after the pandemic, has begun a war for talent. I hope to see more and more friends who can achieve their wishes and successfully immigrate here via a skilled migration visa. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Australia has always been one of the most popular countries for Hong Kong citizens to immigrate to for studying. The Australian government launched a convenient immigration policy that grants Hong Kong citizens a five-year visa, which not only increases immigration quotas but also reduces the difficulty of immigration for a large number of Hong Kong people. So, let’s look at the characteristics and conditions of the Australian five-year visa plan that many Hong Kong citizens are interested in. First, what is the “Hong Kong people’s five-year visa”? The “five-year visa” is not the name of this Visa but rather a nickname used to refer to the characteristics of the Visa. In its earliest form, this was an Australian government policy launched by Hong Kong expats in Australia. On July 9, 2020, Australia officially extended the residence rights of graduates holding Hong Kong passports and temporary work visas for 5 years. Australia then improved this policy in order to provide more convenient immigration channels for Hong Kong people for a long time. After the 5-year temporary Visa, Hong Kong citizens only need to meet the “adjustment qualification conditions” to apply for an “existing technology category permanent visa”. Policies have expanded from Hong Kong passport holders to Hong Kong people holding a British National Overseas Passport (BNO). Because the Visa is usually 5 years, it is collectively referred to as the “Hong Kong five-year visa”. Who can apply for a “Hong Kong Five-Year Visa”? 1. Hong Kong students currently studying in Australia or going to study in Australia in the future will be eligible to obtain a five-year graduate visa in Australia after completing higher education courses (including universities and TAFE courses). 2. When the holder of the Hong Kong passport applies for a 482 visa, if their job is included in the Occupational Skill Lists through the Labour Market Testing, they will be qualified to obtain a five-year Australian visa. 3. At present, Hong Kong citizens who have held a 482/457 visa will automatically have the validity period of this extended for five years from July 9, 2020. 4. Hong Kong citizens who have been approved or are about to be approved for 5-year residence visas will obtain Australian permanent residence status after the 5-year expiration (see the following specific requirements). 5. For Hong Kong citizens studying in remote areas and choosing to live and work locally, the time limit for obtaining permanent visa visas will be shortened from five years to three years. What conditions must you meet for the “Hong Kong people’s five-year visa” after the expiration? According to the new bill by the Australian government, under the current 189 and 191 technical immigration permanent residence visas, the Hong Kong category (Hong Kong STREAM) has been added, providing permanent residence for Hong Kong citizens. In other words, under the new policy, Hong Kong citizens who hold a graduation visa can live in Australia for 3 to 4 years, meet the “Common Criteria),” skip the score requirements of technical immigrants, and directly immigrate. The difficulty is greatly reduced compared to the previous technical immigration policy, also known as the “lowest cost” approach to Australia. Overall, if Hong Kong citizens want to get permanent residence through 189 and 191 technology immigrants in Australia, they must meet the following requirements: 1. 189 Independent Technical Immigration Visa (Hong Kong Category) Requirements: The applicant must hold a Hong Kong Special Administrative Region or BNO passport; The master applicant must hold an effective temporary visa (SC 457/482 /485 visa), and the Visa is valid for July 8, 2025, or five years; Hold this valid Visa for at least 4 years; Before the application, they have lived in Australia for at least 4 years; The main and vice applicants must meet all health requirements. 2. 191 Remote Technology Immigration Visa (Hong Kong Category) Requirements: The applicant must hold a Hong Kong Special Administrative Region or BNO passport; The Lord’s application must hold an effective temporary visa (SC 457/482/485 visa), meet the requirements of living, working or studying in designated remote areas, and hold this valid Visa for 3 years; Before the application, if they have lived in remote areas in Australia for at least 3 years; There is no need to meet the requirements of the 3-year income threshold before applying for this Hong Kong category; The main and vice applicants must meet all health requirements. Compared to other 189 and 191 visa applicants, applicants holding Hong Kong or BNO passports do not have other scoring requirements such as occupational assessment and language. In addition, children will still be regarded as family members, including for the SC 457/482 /485 visa, until they are over 23 years old (as long as they continue to live in the family home of the main applicant). Applicants can still apply for people to immigrate together without age restrictions. Since 2018, applications for a temporary graduate visa in Hong Kong have increased sharply. From 2021-22 to May 2022, it reached 1,600 applications (three times greater than in 2018-19). Before the protests, there were only around 500 applicants from Hong Kong. At the same time, since the launch of the 485 visa, the number of Hong Kong applicants who have finally obtained a temporary graduate visa has also increased. It reached its highest level in the fiscal year 2021-22. At least 767 Hong Kong applicants were successful during this period of getting a visa. According to the 2020-21 immigration plan of the Ministry of the Interior, 4,300 of the 160,000 people who received permanent residence visas in that year had Hong Kong citizenship. Due to the surge in the number of Hong Kong citizens who have obtained permanent visas, Hong Kong has become the eighth largest source of immigrants who obtain permanent residence status and has entered the top ten for the first time in six years. A new measure that took effect on July 7 last year means that when the Hong Kong Special Administrative Region passport and BNO holders apply for a temporary or permanent technical immigration visa in Australia, they will get a case of waiting for “Approval of the highest priority“. Measures are suitable for all temporary or permanent technical immigration visa categories, including employer guarantee, state government guarantee, and independent immigration applications. Is it easy for Hong Kong people to be approved for five years? When Hong Kong and BNO passport holders apply for a temporary or permanent technical immigration visa in Australia, they will receive the “highest priority order” for the waiting case. In fact, since the launch of the 485 visa, the number of Hong Kong applicants who have finally obtained a temporary graduate visa has increased, reaching the highest level in the fiscal year 2021-22. According to the 2020-21 immigration plan of the Ministry of the Interior, 4,300 of the 160,000 people who received permanent residence visas in that year had Hong Kong citizenship. In addition, from 2021-22 to May 2022, the application for temporary graduates of Hong Kong people also increased sharply, reaching 1,600 applications. Last year, due to the surge in the number of Hong Kong citizens who obtained permanent visas, Hong Kong became the eighth largest source of immigrants who obtained permanent residence. This policy changes from time to time, and specific information can be found on the official website of the Australian government: 189 Independent Technical Immigration Visa (Hong Kong Category): https://immi.homeaffairs.gov.au/visas/getting-a-disa/visa-listing/skilled-dependent-189/hong- kong 191 Remote areas of technical immigration visas (Hong Kong category): https://immi.homeaffairs.gov.au/visas/getting-a-disa/visa-listing/skilled- regional-191/hong- kong You can also watch the video below to learn more about buying property in Australia: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

For most investors who want to buy property in Australia, their purposes include planning for immigration, creating income, realising capital growth, and planning for retirement. However, achieving success is not easy, especially when investing in Australia’s properties to pursue stability and long-term returns. If you invest in Australian real estate in a way that is unrealistic in the Australian real estate market and select the wrong properties, you will not achieve the expected results. So, what are the advantages of investing in Australian properties? Population high growth rate The characteristics of the Australian real estate are mature and stable, and the legal system is sound. It is a market with long-term rising house prices. Although there will be rising house prices, if you choose some good properties and hold them for a long time, you can achieve stability and get high investment returns. We judge whether a country or a city’s house prices are worth investing in based on whether the population increases. Australia is a major immigrant country, especially the cities of Sydney, Melbourne, and Brisbane. A large number of immigrants flow in each year; international students and tourists, whose arrival constantly stimulates the demand for property trading in Australia. In contrast, the real estate market in Hong Kong or the Mainland has been greatly affected by policy. In recent years, the outflow of residents has intensified, and the prospects of the property market have not been clear. With the “drive” of capital chase, funds will flow to the real estate markets with significant growth potential. Therefore, more and more people are “showing their skills” in the global real estate market. As an immigrant country, the threshold in Australia is far lower than in other countries, and the superior natural environment has attracted many overseas talent to move there and immigrate. The Australian Bureau of Statistics expects the population to increase by 40% from 2016 to 2041, from 24.2 million to 34 million, and the number of households will increase by 3.4 million. Australia issues about 200,000 immigration quotas each year. It is estimated that by 2031, Australian housing demand will be higher than 663,000. Although the Australian population is reduced under the influence of the recent pandemic, it is estimated to reach 31.8 million by 2040. Since 2005, the vacancy rate of Australian real estate leasing is generally only about 2%, and some places are even as low as 1%. Among them, the vacancy period is very short. In addition, the Australian population has continued to increase, and leasing demand is rising. The Australian real estate market is more stable for investors, with more room for growth than in other countries. Stable real estate market Many buyers will worry about whether there is a sound legal system to protect them when choosing to buy homes overseas. After all, overseas property investment in Australia is not cheap. The overall transparency of Australian real estate is the third best in the world, second only to Britain and the United States. Both local and overseas buyers enjoy unified prices with high transparency. The Australian real estate market has stabilised and is healthy. In the past three decades, Australian properties have obtained an average of 7% yearly return on investment. This is closely related to the Australian government’s real estate control, so local Australian property can always be in short supply. For example, if the Australian government feels that the population inflows in a certain area in recent years, more approved house construction permits will be needed to increase the number of properties in this area. If the Australian government feels that the population flow in a certain area is slowing down, it will reduce the approval of new properties accordingly. This can ensure that the houses in the region are in short supply correspondingly to ensure the stability of real estate buyers in Australia. It is easy to make overseas property investments in Australia Compared with many other countries, making property investment in Australia particularly easy. The transparency of Australian real estate rules and regulations is simple and allows anyone to buy Australian properties easily. In addition to the easy investment, managing properties in Australia is also very simple. Most property management companies in Australia can assist overseas investors with all matters relating to the property. These property management companies in Australia are supervised. Due to competition between each other, most Australian property management companies will provide professional services at reasonable costs. Foreigners can also have permanent business rights, with no inheritance tax In Australia, foreigners invest in specific types of real estate. Australia also welcomes foreigners to have permanent business real estate and enjoy owning the same real estate as locals. In addition, foreign investors have no price restrictions, which is not the case in many other countries. For example, in Vietnam, foreigners can only have leased property. In Thailand, foreigners have no right to purchase real estate. And in Malaysia, foreigners can only buy real estate priced at RM$1 million. As for inheritance tax, in Britain it is up to 40%. In the United States, if you die your heirs will also be charged 18% to 40% of the heritage tax. As for Canada, there is no heritage tax on the surface. Though if a person with a lot of assets dies, there will be a lot of taxes and fees to pay. Under Canadian law, a death is deemed the same as a sale. It means that the assets under the name of the person who died are liquidated, and the value-added part of all assets must be reported. Hong Kong’s high property prices make it difficult for young people to get on the property ladder. They may try investing in the Australian real estate market to enjoy sound legal protection and high rental return. The property price in Australia is much lower than that in Hong Kong. If you want to know how to choose different property types when buying a property in Australia, please see this video of mine: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Australia's real estate market has sound laws and regulations, high transparency, and protects personal property (which is sacred and inviolable). Such characteristics make wealthy people all over the world regard Australian real estate as an important part of asset allocation. Everyone can buy a property in Australia, and all enjoy freehold property rights (except the capital Canberra). There is no limit to purchase, and you can buy as many houses as you want. But many people are hesitant about whether it is better to buy a first-hand property or a second-hand property. This article mainly makes some comparisons in terms of policies and regulations, so that investors know what to expect. Are first-hand properties in Australia more expensive than second-hand properties? When many people mention buying property in Australia, they will have an inherent impression. That is: first-hand property in Australia is more expensive than second-hand property, so locals like to buy second-hand properties, while foreigners can only buy brand-new properties. This is actually a misconception. First of all, many people don’t know that Australian locals also like to buy first-hand properties, and the Australian government most definitely encourages its own residents to buy first-hand properties. The various state governments of Australia provide an endless stream of first-hand housing subsidies throughout the year. For example, when Australians buy first-hand properties, there will be stamp duty relief, new housing subsidies, construction subsidies, etc. In 2021, some state governments launched the "New Housing Guarantee Scheme", so that many local Australians only need a 5% down payment. Secondly, first-hand property in Australia is not necessarily more expensive than second-hand property. Because the price of the first-hand property market in Australia is transparent, there is not much room for a premium. Second-hand properties in Australia are different, especially when investors are buying auction properties; they are easily influenced by the atmosphere of the scene and make impulsive decisions. Many people will buy second-hand properties at a price far higher than the average market price. Because the premium is too high, even if the Australian property market rises sharply, they will not be able to make money for a long time. Third, this is not to say that Australia's first-hand housing prices are lower. In fact, when we compare the price of first-hand property in Australia with the same type of second-hand property in Australia in the same area, the price of first-hand properties is higher. This is because new houses usually involve newer construction techniques and materials, and the quality is generally better. These factors will inevitably make the price of new houses relatively high. Do foreigners have to buy a first-hand property in Australia? Foreigners can usually only buy first-hand properties in Australia, but there are exceptions depending on the type of visa. Specifically: Pure overseas people can only buy first-hand properties in Australia A pure overseas person refers to a person who does not live in Australia or does not hold an Australian visa. Strictly speaking, it refers to a person who holds a visa for less than 12 months, such as a person who holds an Australian tourist visa, and is also a pure overseas person. Temporary residents may buy a second-hand building for self-occupation Holders of Australian long-term visas (allowing them to stay legally in Australia for more than 12 months) are recognized as temporary residents of Australia and can buy a second-hand house for self-occupancy (that is, the resident must use the property as their main residence in Australia). However, when Australian temporary residents purchase second-hand properties, there are many restrictions: They need to sell it within 3 months of their visa expiration or departure (that is, sell the property within 3 months after the resident stops using the property as his main residence); They all need to apply for FIRB review, and the application fee varies according to the housing price. The application fee for a house within $1 million is $13,200 Australian dollars; and They are not allowed to rent or sublet, otherwise it will be considered a violation of FIRB regulations (that is, the resident shall not rent out the property or any part of it, and at the same time, it is necessary to ensure that the property is vacant and no one lives in it during the property transaction period). The legal difference between overseas people buying first-hand properties and second-hand properties in Australia Generally speaking, first-hand properties and off-plan properties in Australia are sold at a fixed price, whilst second-hand properties are generally sold through bids or auctions. Simply put, the one with the highest price wins. At the same time, if a home buyer submits a FIRB application for an overseas person to buy a house in order to purchase a second-hand building, but fails to buy the second-hand building in the end, the FIRB application fee is non-refundable. If you are buying a second-hand property in Australia via auction, there are certain risks. For example, the current FIRB approval letter will indicate the maximum price limit for purchasing the property. If the final auction price exceeds the FIRB approval letter, you may face additional fees. Therefore, overseas people may need to master more skills and preparations when purchasing second-hand properties. As mentioned above, when overseas people buy second-hand property in Australia, they must be used for self-occupancy purposes and they are not allowed to rent or sublet. At the same time, they must sell the second-hand house 3 months before the visa expires. Not to mention that the selling price when in a hurry may not be ideal. If it catches up with the correction period of Australian house prices, you may face losses. More importantly, if you continue to hold the second-hand house after the visa expires, it will be considered illegal. According to the provisions of the law, if you are investigated, you will face a fine of up to $127,500 Australian dollars or three years in prison, and you may also be fined 25% of the purchase price. 2023 Australian property purchase stamp duty Australia’s property stamp duty rates and regulations may vary across states and territories. But in general, the cost of stamp duty is determined by the taxable value of the property. The lower the value of the property, the lower the level of stamp duty and the less stamp duty the investor needs to pay. To look at it another way, Australian property stamp duty is calculated by applying a sliding scale on the tax; a percentage that gradually increases according to the value of the property. The general rule is that the cheaper the property, the less tax you pay. The following is an overview of stamp duties for home purchases in each state and territory of Australia in 2023: Victoria: For first-time home buyers (Australian citizens and PRs alike), they can enjoy the policy of exempting stamp duty for houses with a purchase price of no more than $600,000 Australian dollars, and a partial reduction for properties in the $600,000 to $750,000 range. For non-first home buyers, stamp duty rates range from 1.5 to 5.5% in 2023 for properties purchased between $250,000 and $12 million. New South Wales: For first-time home buyers to purchase properties below $650,000 Australian dollars, stamp duty is fully exempted. Part of the stamp duty is reduced for some properties in the $650,000-$800,000 Australian dollar range, and stamp duty is partially reduced for vacant land of between $350,000 and $450,000 Australian dollars. At the same time, the NSW government allows first-time home buyers who purchase properties under A$1.5 million to choose to pay stamp duty once or pay land tax once a year. For non-first home buyers, stamp duty rates range from 1.5 to 5.5% in 2023 for properties priced between $140,000 and $40 million. Queensland: For first-time home buyers (Australian citizens and PRs alike), the purchase of a house that does not exceed $550,000 Australian dollars can enjoy a policy of exemption from stamp duty. For non-first home buyers, stamp duty rates range from 1.5 to 5.75% in 2023 for properties purchased between $55,000 and $11 million. Western Australia: For first-time home buyers (Australian citizens and PRs alike), stamp duty is exempted for any residence with a purchase price of no more than $430,000 Australian dollars. For sales between $430,000 and $530,000 Australian dollars, you can enjoy a discount. Stamp duty rates range from 1.9 to 5.15% in 2023 for properties purchased between $80,000 and $30 million. South Australia: Stamp duty rates range from 1.5 to 5.5% in 2023 for properties with a purchase price ranging from A$150,000 to A$50 million. Northern Territory: Before June 30, 2023, if you buy vacant land to build a house or buy a second-hand building, if the value of the house does not exceed $650,000 Australian dollars, and if you live in it for more than 6 months, you can apply for stamp duty relief. It should be noted that the above information is for reference only, and the specific Australian property stamp duty rates and regulations may vary due to annual policy adjustments or regional changes. In addition, overseas people who buy property in Australia usually need to pay additional stamp duty surcharges, and the specific tax rates vary by state. Homebuyers should consult a professional real estate consultant or lawyer before purchasing a property for up-to-date and accurate information and advice. You can also watch the video below to learn more about buying property in Australia: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

The market for real estate in Sydney for 2023 will be full of big events and good things. If there are any obstacles for foreign investors to buy property in Australia, I am afraid that the stamp duty surcharge and land tax surcharge for overseas persons are more important factors. This is because these two taxes mean that foreign investors need to spend tens of thousands of Australian dollars in Sydney stamp duty, sometimes hundreds of thousands of Australian dollars (if buying a luxury home), to compete with locals for the same house. The cost is significantly higher. In addition to this, the land tax surcharge also increases the cost of foreigners holding Australian property. But two of the biggest tax hurdles may soon disappear in Sydney. At present, people from all walks of life are rejoicing, rubbing their hands, waiting for the explosion of the Sydney property market. 1. Sydney’s Stamp Duty Reform 2023 Let's start with a Sydney stamp duty reform that is beneficial to Australians. New South Wales, where Sydney is located, is introducing the largest stamp duty reform policy in more than 30 years; such a big move will definitely affect the interests of many people. The most important thing is that once the Sydney reform is officially implemented and works well, the rest of Australia will follow suit to a large extent (for example, it is said that Melbourne is now ready to move!). So at this time, some experts have come forward to comment on the changes that this policy will bring. AMP Capital chief economist Shane Oliver said that once the new policy is implemented, the price of properties worth less than $1.5 million Australian dollars in Sydney will stand firm or even rise in the short-term. Then it will soon lead to the recovery of the entire real estate market. Simply put, this policy gives buyers a choice question - either A or B - and the name of this new policy is First Home Buyer Choice. Specifically, first-time home buyers can choose to pay Sydney stamp duty in one lump sum. Alternatively, they can choose to pay $400 per annum, plus a property tax of 0.3% of the land value - but only if the total value of the house you buy is less than $1.5 million. This is a bit like the idea of installments; so people who want to buy a house for the first time don't have to work hard to save for the stamp duty of tens of thousands of Australian dollars, therefore the burden is much smaller. So how big is the difference after making different choices? Let's say you buy a property in Sydney and sell a property for $1 million. According to the existing stamp duty rate schedule, the charges are tiered so the more expensive the property, the higher the stamp duty. For a $1 million house, the current stamp duty rate is $40,502. So if you choose not to pay stamp duty but instead to pay property tax every year, this property tax is mainly for the value of the land. Then, according to the calculation table of land tax under the new policy, the $1million Australian dollar property of which the land valueis $600,000Australian dollars, you will pay an annual paymentof $400 Australian dollars + 600,000* 0.3% = $2,200Australian dollars. After 18 years, the total expenditure is $39,600, which is almost as much as the stamp duty but still sounds very cost-effective. This figure, however, does not take into account the fact that the assessed price of the land will rise over time. This reform does not only apply to owner-occupied housing, it also covers investment housing. In general, after the implementation of the policy, first-time home buyers who have PR status and want to buy a property in Sydney, and are looking at an apartment are likely to be the ones who smile the most. This is because the land area contained in apartments is very small, especially high-rise apartments. So if you are buying an apartment, you can basically pay a few hundred dollars in property tax every year, even if you pay it for 60 years, it will not be higher than the stamp duty. Sydney's stamp duty reform 2023 will generally boosted the city’s overall house prices, especially homes worth less than $1.5 million. 2. Sydney abolished the stamp duty surcharge and land tax surcharge for overseas persons The NSW government issued a notice in 2023 that citizens of New Zealand, Finland, Germany and South Africa who buy property in Australia no longer need to pay the Surcharge Purchaser Duty and the Surcharge Land Tax. If any of you purchased a residential property in NSW after 1 July 2021 and paid these 2 taxes, you can apply for a refund with the NSW government immediately and will not have to pay it in the future. Investors buying property in Australia, first of all, must understand that there is a difference in taxes for overseas buyers and local buyers buying residential properties in Australia. Simply put, Australia collects more taxes from overseas buyers. For example, Sydney locals buy a house and are expected to pay a one-time payment of a certain percentage of the property value known as stamp duty (according to the value of the property for different step charges). The general price that a local needs to pay is tens of thousands to hundreds of thousands in Australian dollars. Overseas buyers (non-Australian citizens or permanent residents) who buy property in Sydney also have to pay an additional Surcharge Purchaser Duty. Currently, the stamp duty surcharge in Sydney is 8% of the value of the property. In addition, from June 21, 2016, the Australian government began to impose a Land Tax Surcharge on overseas buyers. That is, overseas buyers will have to pay an additional 2% per year after buying a property in Sydney (Land Tax). From midnight on December 31, 2022, the additional land tax payable is increased to 4%. But now, the state where Sydney is located has exempted some national investors from both tax regimes and is expected to expand to more states in the future. It has to be said that the various policies currently introduced by Sydney, including stamp duty reform, will have a role in the next wave of house price increases. Investors who intend to buy property in Sydney have the conditions to enter the market decisively. 3. Where to buy property in Sydney? Burwood: Burwood has long been one of the most sought after areas for Chinese property buyers, known for its high-quality schools, short distances to the CBD and other amenities, and a thriving nightlife and cultural scene. Burwood is close to the transportation hub artery, close to Strathfield and Ashfield, and has two shopping malls, as well as Chinese shops and restaurants, which are convenient for both consumer shopping and access. It’s one of the most promising areas in Sydney's inner west. Rouse Hill: Known as Sydney's invisible affluent area, this area is close to the Northwest Business Park, Australia's largest Fortune 500 business park, and has the largest commercial centre and transportation hub in the Northwest. The business park has brought about a rapid increase in the number of high-quality, high-income employment population, with more than 50% of residents earning more than $88,000 Australian dollars, far higher than Sydney's per capita income level, and even comparable to the Manly affluent area. This area is ranked among the top quality of life in Macau and is very suitable for living. Housing prices have also risen as the government has invested heavily in infrastructure. North Sydney: Sydney's traditionally affluent area has become the most central location outside the CBD in recent years. Home to the headquarters of many Fortune 500 companies, attracting countless talent and visionaries, it is undoubtedly Sydney's noble financial centre, full of opportunities to rival Wall Street in the United States. The demand for real estate has been high, and the return on investment is relatively high. Summary: Australia is known as the most popular immigration country; the real estate market has also been open to overseas buyers for a long time (as long as it is within the range of real estate allowed by the government - for example, overseas buyers can only buy new houses, not buy second-hand houses). Overseas buyers generally encounter relatively few rigid conditions, even if they are not Australian PR or citizens; as long as you are over 18 years old and have sufficient purchasing power, you can own a property of your own in Australia. However, after 2016, in order to curb the rapid rise in house prices, the Australian government introduced a series of tax systems for foreigners, which largely suppressed the demand for overseas buyers. Now, we are seeing that cities such as Sydney are opening their arms again to overseas investors with Sydney’s Stamp Duty Reform in 2023, which is a very positive sign. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Editor’s note: Nowadays, people’s investments are becoming increasingly diversified. More and more savvy investors are turning their attention to overseas real estate investment. Australia’s beautiful living environment, pleasant climate, stable political situation, and first-class education make it a top investment destination. In Australia, buying a home is not a difficult process. The process may seem overwhelming but because Australian law is very sound, you will not have to do any heavy lifting as professionals will handle the matter for you. In addition, overseas investors can apply for mortgages in Australia with simple procedures and low interest rates. A house can be used as a rental property as well as a place to live. Real estate in Australia can be passed on for generations as personal property without being subject to inheritance tax, which is the ideal choice for family wealth. When allocating assets, many wealthy people around the world choose Australian real estate. So, if you want to buy a property in Australia, what do you need to know? In this article, all processes and precautions relevant to investing in property in Australia will be explained in detail to help people overseas who want to buy real estate for sale in Australia as well as help experienced investors realise their dreams. Here are four things you need to know when purchasing Australian real estate: 1. What are the options for major cities in Australia? 2. What are the types of real estate in Australia? 3. What fees are involved in buying property in Australia? 4. What are the specific processes for buying property in Australia? 1. How to choose from major cities in Australia? When looking to invest, you should compare the property hotspots in Australia. The combined population of Melbourne and Sydney accounts for half of Australia’s total population. Additionally, these are two cities that are popular among Chinese investors. Specifically: Melbourne Melbourne is known as the “Education State.” It has a strong humanistic atmosphere and a mild climate. It has been rated the world’s most livable city for many years. Many people prefer Melbourne’s liveable and high-quality educational environment, so buying property in Melbourne, Australia, as soon as possible is a wise investment strategy because it will likely become more expensive in the future. The city of Melbourne is rapidly growing, and the cost of buying a building has increased accordingly. In the next 30-40 years, Melbourne’s population will exceed Sydney’s and become the largest in Australia. Sydney Sydney is Australia’s business, trade, finance, culture, and tourism centre. It is also the ocean, sea, land, air traffic, and communications hub. If you want to invest in Sydney, you should be cautious as, in recent years, everyone has been buying real estate in Sydney. Because of this, property prices have increased exponentially. However, from the investment perspective, you can also buy buildings in more remote areas in Sydney where the current prices are lower but the future appreciation potential is significant. Brisbane Brisbane has a warm climate throughout the year, and the scenery is like spring. 365 days a year, the climate is warm and rarely cold. The 2032 Summer Olympic Games will be held in Brisbane, Australia. As the third-largest Australian city, the next ten years will be the golden decade of Brisbane’s real estate growth. This is important for everyone to keep in mind when considering buying property in Australia. If you plan early and build a real estate investment portfolio, buying in Brisbane is likely to bring investors an excellent opportunity to achieve financial freedom as soon as possible. Perth Perth is the capital of Western Australia and the fourth largest city in Australia. The climate is pleasant, the city is magnificent, and it has the beautiful name “the capital of wildflowers.” It has also ranked among the best in global livable cities. In addition, Perth performs well in tourism and education. With the recovery of mining, various economic indicators are even better. The number of overseas looking at property for sale in Western Australia, specifically Perth, have also increased year by year. Adelaide Adelaide is the capital city of South Australia. It is loved by overseas people with its vast parks, blue-grey sandstone buildings, and relaxed and happy lifestyle. From the perspective of buying buildings in Australia, Adelaide, like blue-chip stocks, may not be comparable with the two international metropolises of Melbourne and Sydney. The cost of buying a building in these two cities is often more than double that of Adelaide. It can be said that the real estate for sale here is expensive but low-risk, and stable long-term. Gold Coast The Gold Coast is the sixth largest city in Australia, located on the eastern coast. It is famous for its abundant sunlight, white sandy beaches, and clear blue oceans. Every year, international tourists continue to increase, and more and more people buy property to stimulate economic development further. In addition to the developed tourism industry, the economy, education, medical care, and benefits of the Gold Coast are all well-developed. These factors will definitely attract more overseas investors to this city. The increase in the wave of immigration will accelerate the development of the property market and stimulate the rise in house prices. 2. What kind of real estate is there in Australia? Australian real estate buildings are roughly divided into houses, townhouses, and apartments. Each has its own advantages. If you plan to buy a property in Australia, you must also consider which type you want to buy in advance. House In Australia, a house or villa is one or two storeys with its own garden. Each house is built independently, and the style can be diverse. The homeowner can rebuild the house according to personal preference. Generally speaking, the cost of buying a house in Australia is the highest. Townhouse Townhouses are rows of several houses designed in a unified style. Even some of the interior decorations are uniform. The price of a townhouse in Australia is lower than a house whilst still having a private garden, terrace, and house-like feeling. Apartment Apartments are found in buildings that are at least three floors high. Each building has one or more units, and each unit houses one or more households. Generally, security is the best in apartments, as most have access control systems. Suitable for students and young technical immigrants, apartments have an area of about 80 to 200 square meters, with deed property rights. For overseas buyers, apartments are often the first choice because they are usually new, and modern rental returns are high, making them excellent investment products. 3. What are the specific processes for buying property in Australia? When buying property in Australia, it is most important to set a reasonable price based on your financial ability. This is important. Once you know what you can afford, you can choose a house that suits you in your chosen city. Consider how much money you have available, how much you will need to loan from banks, and so on. Once the price is set, you can complete your purchase according to the following process: Choose appropriate real estate Before buying a property in Australia, you must choose a city you want to invest in and then choose the appropriate property to buy through an Australian agency. When overseas people buy Australian buildings, they must pay attention to the screening of agency qualifications. If your agency does not have Australian qualifications and a dispute occurs, the laws of the two countries will not protect you. Have a lawyer review the contract Australia has extremely sound legal systems, and lawyers must be involved in buying and selling real estate. However, please note that when purchasing property in Australia, the lawyer is only responsible for checking the contract, confirming the legitimacy and compliance, etc., and does not express opinions on the house’s value. Buyers bear the risk of deciding to buy in Australia. Apartment diagrams, brochures, and so on are usually not part of the contract. These are just a reference – meaning they do not have legally binding power. Contracts are usually not stated in the area of square meters. Apply for an overseas buyer permit (FIRB) Overseas buyers must submit an application to the Foreign Investment Review Board before buying property in Australia. The application must be completed for overseas buyers to purchase certain Australian real estate. FIRB must approve overseas buyers before signing a housing contract, otherwise they will be regarded as violating FIRB regulations (resulting in a fine or severe punishment). It is recommended that this process be completed by the buyer’s lawyer. For more information about applying to FIRB, please use FIRB’s official website: https://firb.gov.au/Guidance-s. Formally signing the contract When buying property in Australia, the buyer and seller must have a contractual relationship after signing the contract. For existing houses (including new houses and secondhand houses), the seller is required to price according to the current state of the property. If the buyer finds that some facilities or the status of the property do not match what is outlined in the contract, relevant evidence is required to dispute this. Delivery of 10% bond When buying an Australian property, after signing a house purchase contract, the buyer needs to transfer 10% of the contract price to the trust account of the agency or seller’s lawyer. The buyer should ensure their loan documents, identity verification etc., are finalised to avoid delaying the delivery. Cooling off period Generally speaking, after buying a building in Australia, the buyer has three working days after signing the contract to change their mind. This can vary based on different state laws. Within this cooling off period, the buyer can decide not to buy the property but may lose 0.2% of the contract price. If 10% of the deposit has been delivered, the seller will return 9.8% of the buyer’s contract price. After the cooling off period, the buyers and sellers are bound to the contract – that is, the buyer must buy and the seller must sell it unless there are special terms to be satisfied. Apply for loans Buyers who apply for loans need to note that when buying property in Australia, the loan is paid after the delivery of real estate. Therefore, applying for loans in advance before delivery is essential. To buy an existing house, you can use a bank or loan agency to apply for a loan pre-approval before you sign the contract for the property. After signing the contract, you will start preparing materials to finalise the loan. Arrange final inspection Whether people are in Australia or overseas, buyers must make an appointment with real estate agencies to perform a final check before buying Australian property. If a problem is found, the buyer and seller’s lawyers can be notified to negotiate to resolve the problem. The seller can receive fines and penalties (commonly 12% or higher) for delays. If this becomes over 14 days overdue, the seller has the right to terminate the contract, sue for additional compensation for additional losses (if any) and/or not provide the buyer with the property. Successful delivery On the day of the delivery, the buyer needs to make the final payment based on the cost of buying a house in Australia, as well as third-party costs (including stamp duty, government and water bureaus, and property companies). Overseas people also need to pay additional taxes for purchasing Australian property. After that, you can get the keys, and the real estate has been successfully delivered! Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Australia has now become an ideal country for more and more immigration of elite people and high-net-worth individuals. Among the many immigration channels provided by Australia, 188B investment immigration is favoured by the elite. Among the many Australian commercial immigration categories, the Australian 188B investment visa is unique. It is an immigration category set up by Australian investor residences. In 4 years, investors can get permanent resident status along with their families. It is currently a minority option, meaning you do not need to operate a business in Australia in business immigration categories. It is also the only category where you can invest in Australian government bonds. At present, Australian PR by investment (via 188B immigration) has become the most common way for Hong Kong’s wealthy people and high-net-worth people to immigrate to Australia. Therefore, this article will help you learn more about the advantages, conditions, and specific processes of 188B investment immigration. What are the advantages of Australia’s 188B investment immigration? One of the advantages of the 188B Australian investment immigration visa is that, generally speaking, investors consider the focus of Australian investment immigration. This means the acquisition of immigration permanent residents, followed by investment income and returns. In Australia, the security of state debt is second only to deposits. It is designated and managed by state governments and is protected by the Australian legal system. Therefore, 188B investors do not have to worry about the security of funds. The Australian 188B investment visa allows investor residence to take care of their investments easily and worry-free, which is why investors love it. So, specifically, the advantage of an Australia 188B investment immigration visa is: 1. The investment amount is relatively low (starting from 2.5 million AUD $). 2. Investment funds (government bonds) and such investment methods can ensure the security of funds, and investors also own the income. The cost performance is very high. 3. There is no need to own a company in the applicant’s name. 4. Get the reinvestment first: After obtaining the Australian 188B immigration visa, you can live in Australia. Before permanent residency is approved, children can enjoy free primary and secondary school education in Australia. 5. Carrying family members: Applicants can bring qualified family members, including spouses or children, by jointly applying for temporary and permanent residence visas. 6. Easy to transfer to permanent residence: Applicants who get 188B investment visas find it easier to get permanent residence than other types of immigrant visas. For example, the 188B visa is converted to permanent residency following the 4-year residence of the main and vice applicant, assuming the applicant has maintained the government’s designated bond for 4 years. That is, you can get a permanent residence visa. Specific requirements of Australia 188B Investment Immigration The 188B investment immigration applicant can be within or outside Australia. Investor Stream 188B is generally a 5-year temporary visa, which requires applicants to sell at least 2.5 million Australian dollars in commercial or net assets and invest 2.5 million Australian dollars in Australia. There are some requirements: • The age of the main and vice applicants is under 55 years old • A state or territory must be nominated where the applicant will live for at least 2 years • EOI score of at least 65 points • Language requirement of IELTS 4.5 or language learning fee exemption • No history of participating in unacceptable business or investment activities • Meet personality and health requirements • Signing an Australian values statement • Debt-free relationship with the Australian government • No visa cancellation or record of visa rejection • Have a successful business experience • Have at least 3 years of experience managing one or more eligible enterprises or making eligible investments • Successful records of qualified investment or business work • Qualified or possess high-level skills in management, investment, or business work • Personal assets or investment requirements, including: - In the five fiscal years before the investment Visa, the applicant directly manages: In the enterprise that meets the requirements, you or your spouse may hold at least 10% of the shares or your spouse, or; Australian PR by investment that meets the requirements: When you received an invitation on July 1, 2021, you or your spouse must have invested at least $2.5 million. - The assets owned: In the two fiscal years before the invitation to apply for a visa, the net worth you/and your spouse own total at least $ 2.5 million * These assets must be legally obtained and can be transferred to Australia within two years after signing. In addition, it is worth noting: If invited to apply for the 188b investment immigration visa applicant on July 1, 2021, you must (when applying for the Visa and after the Visa) make a major investment of at least $ 2.5 million. In other words, the applicant must continue to make major investments while holding a temporary visa. • At the same time, you must invest in the following proportion: • At least $500,000 Australian dollars in venture capital, investing in startups and small private companies; • At least $750,000 Australian approval management funds, which must be invested in emerging companies listed on the Australian Stock Exchange; • At least $1.25 million Australian dollars in “balanced investment.” • These management funds can be used to invest in a series of assets, including companies listed on the Australian Stock Exchange, Australian corporate bonds, or bills, annuities, and commercial real estate. Remember: The Immigration Bureau is prohibited from investing in residential real estate directly and strictly limits the indirect investment of the fund to invest in residential properties. You cannot use investment as a guarantee or mortgage for loans. 188b investment visa scoring table 1. Age: (The invitation of the state is subject to the invitation) 18-24 years old - 20 points 25-32 years old - 30 points 33-39 years old - 25 points 40-44 years old - 20 points 45-54 years old – 15 points 55 years old - 0 points 2. English IELTS at least 4 - 5 points 3. Education Vocational education certificate issued by Australian education institutions, graduation certificates or bachelor’s degrees; or 5 points for bachelor qualifications certified by education institutions, Australian institutions, bachelor’s degree in science or technology; or bachelor’s degree in educational institutions that meet the certification standards - 10 points 4. Investment experience Invited to apply for an Australian business Visa for at least 4 years to hold a 10-point investment of not less than AUD 250,000 Invited to apply for an Australian business Visa for at least 7 years to hold a 15-point investment of not less than AUD 250,000 5. Family and company net assets In the last 2 fiscal years, it was satisfied: $1.25 million Australian dollars - 5 points $1.75 million Australian dollars - 15 points $2.25 million Australian dollars - 25 points $275 million Australian dollars - 35 points 6. The company’s annual turnover (In the last 4 fiscal years; at least 2 fiscal years have been satisfied) $750,000 Australian dollars 5 points $1.25 million Australian dollars - 15 points $1.75 million Australian dollars - 25 points $2.25 million Australian dollars - 35 points 7. Innovative qualifications Certificate of registered patent or registration design - 15 points Certificate of registered trademark - 10 points Formal joint venture company agreement - 5 points 8. Export trade certificate - 15 points Certificate of Rights Equipment of Gazelle Enterprise (Gazette Enterprise is a collective name for high-tech enterprises with good growth and jumping development trends) - 10 points Gift receipt or risk capital financing certificate - 10 points 9. Special endorsement The nominated state or territorial government agency determines a unique plan and a special contribution of 10 points (Please note: scores of at least 65 points or more meet the requirements of Australia 188B investment visa for Australian PR by investment) 188b investment immigration visa application process 1. Submit 188B Immigration Intent Application (EOI) 2. Apply and obtain the state government guarantee 3. Get EOI invitation 4. Complete asset audit 5. Submit application materials 6. Get an interview notice and supply the requested materials 7. Physical examination and payment of English contribution If the master applicant does not have a total IELTS score of 4.5, you need to pay the language learning fee of AUD$9,795; for the spouse or the accompanying children who are 18 years old, if you do not reach the IELTS score of 4.5 points, you need to pay the language learning fee of AUD$4,890/person (specific costs are subject to the latest requirements of the Australian immigration department). Special reminder: policy information changes from time to time, so you should check the official website of the Australian Immigration Bureau. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Buying a property in Australia is a major investment. Many significant costs will apply, such as paying various taxes and fees. Some fees that may be incurred when buying Australian property will increase the cost of house purchases to a certain extent, not only in money but also time. Therefore, all costs involved in buying Australian real estate should be considered in advance to avoid unexpected financial constraints as much as possible. In addition to the standard fees and costs of buying property in Australia, this comes with a number of holding costs. These costs generally include overseas buyer fees (FIRB), stamp duty, lawyers’ expenses, real estate loan institution costs, housing property insurance premiums, market capacity construction fees, sewage costs, land taxes, or property fees. 1. Overseas buyer fees (FIRB) For overseas people, the Foreign Investment Review Board Australia applies an overseas buyer fee, which is a cost that must be calculated when buying property in Australia. According to the current regulations, foreigners (referring to those who have not yet obtained Australian permanent residence) wanting to buy buildings in Australia must get FIRB approval by filling in a residential real estate application form and paying the application fee. Residential real estate that overseas people can apply for in Australia includes new housing, secondhand housing (with restrictions), redevelopment of a property, housing, and idle residential land. 2. Stamp duty Australian governments levy stamp duty on buying real estate, but some states and territories will also charge stamp duty surcharges for overseas buyers who want to buy property in Australia. Taking Melbourne as an example, it is 8%. However, compared to Singapore and Vancouver, which levy 20% surcharges on foreign buyers, the foreign stamp duty surcharge for Australian property does not seem so high. In addition, buyers who purchase land house projects in Australia can sometimes save stamp duty. 3. Conveyancing fees The legal transfer of property ownership in Australia and the right to real estate ownership is generally carried out by a lawyer who handles the property transfer certificate. Individuals have no way to handle it. Therefore, the cost of lawyers is also an inevitable procedure fee. Every time you buy a building in Australia, lawyers are required to participate. 4. Mortgage broker fee Generally speaking, paying for loans before buying an Australian property is unnecessary, but this may involve account opening costs and other related handling fees. Customers may opt for specific interest rates and expenses according to their needs and then choose the institutions they want to receive their loans from. The mortgage consultant will also give relevant professional advice. 5. Insurance To prevent any damage and loss of property after buying an Australian home, the buyer can consider purchasing this insurance to ensure that the inside of the house is guaranteed. Management generally bears the cost of insurance outside the house, and the owner does not need to pay. 6. City capacity construction costs, sewerage costs, and land tax (council, water, and land tax rates) Buying a house and townhouse in Australia will generally involve city capacity construction costs, sewerage costs and land taxes, usually charged quarterly. Generally speaking, a municipal fee is required every year after buying a property in Australia, especially a house, which can vary depending on the government. The landlord or agency generally pays the sewerage fee. The land tax is different according to the evaluation value of the land. If the buyer is overseas, there is an additional tax rate. 7. Body Corporate Pay attention when buying buildings in Australia because apartments will charge property management fees. However, the land tax and municipal expenses of these types of properties are relatively low. The property management fee of Australia is collected according to the types of public facilities provided by the property. If the facilities are perfect and include things like a gym or swimming pool, these will be relatively high. 8. Property Management Fees Allowing leasing agencies to take care of the property can effectively ensure collecting and paying various housing expenses. Even if the landlord is overseas, they are exempted from these worries after buying an Australian property. Generally, the management fee for a long-term rental ranges from 5.5% to 8.8% of the rent. The agency will give the owners a detailed list of expenditures to avoid confusion. What are the specific processes for buying property in Australia? Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

In 2023, an unprecedented tide of studying abroad swept Australia again. After the pandemic suppressed studying abroad for 3 years, the Australian border reopened. In fact, not only are international students pouring into Australia, but many new immigrants are coming too. Under such circumstances, the problem of accommodating international students in Australia has become a top priority. In particular, the current rental market in major cities in Australia is hot, and the Australian media has described a “rental crisis.” Since the beginning of 2023, tens of thousands of international students have been searching for houses to accommodate them. Many international students have applied for more than a dozen houses and have not been selected for any of them. They are worried that one day they may face the embarrassment of “living on the street”. Because of this, the phrase “in support of houses” has been common among Australian international students. As a result, many international students and their parents are choosing to buy property in Australia, and there are many unexpected benefits. 1. What are the advantages of “in support of houses” in Australia? Today, when globalisation is deepening, each of us can choose to go to any of our ideal countries to study and live, and immigrants have become more and more normal. However, not every country has multiple attractions like Australia. There are many benefits to studying in Australia. Although the United States, Canada, Western Europe and other countries, for example, are also popular destinations for studying abroad, the threshold for home buying is high. Taking the United States as an example, every state in the US levies real estate taxes every year. The tax rate is generally 1% to 3%. A property with a market value of 3 million Hong Kong dollars pays at least HK$30,000 a year. In addition, the cost of subsequent housing is high, and it is relatively difficult to rent and transfer property ownership. Australia is different. First, the Australian real estate market is very active, with high rental returns, and the vacancy rate is below 2%. In 2023, due to the popularity of Australian immigrants and the study-abroad market, the vacancy rate further dropped to less than 1%. It can be said that the Australian rental market has provided a high rental return on the rental market all year round. Secondly, real estate in Australia has the advantages of low down payments for new houses, permanent property rights, no inheritance tax, rental potential, real estate transactions and investment in the legal system. If you want to start a business in Australia, you can also use a real estate mortgage loan. 2. Can international students buy property in Australia? One of the benefits of studying in Australia is that international students can buy property in Australia. But if you want to apply for loans, proof of income is necessary. Although international students have no or less income, they can use their parents as guarantors to guarantee loans with the guarantor’s income. Of course, the house will be in their parents’ names. 3. What are the choices for Australian students to buy property? Regardless of whether or not international students have a temporary visa that allows them to stay in Australia for more than 12 months, they can apply for FIRB (Foreign Investment Review Board) to obtain approval and purchase land for building houses, buy new houses, etc. The same applies whether they are buying for self-occupation or overseas property investment in Australia. Unless the developer has obtained the FIRB “New Dwelling Exempting Certification”, it is generally necessary to apply for FIRB approval separately whether you are buying a new or a secondhand house. 4. How much is the cost of studying in Australia? Take the accommodation fee for four years in Australia as an example. One choice is to buy Australian property, and the other is to rent a house. Many parents think it is not much different, but this gap will become more obvious over time. If you choose to buy, although you need to invest some funds to start (such as a down payment and stamp duty), the rental income and the increase in value of the house itself will eventually benefit the buyer. After studying in Australia, you can not only live in your own property but also earn rent. The most important thing is that you can use the building to make overseas asset allocations in advance and enjoy the dividend of market growth. Many parents send their children to study in Australia. The ultimate goal is to make plans for immigrants. Buying buildings in Australia is even better. Otherwise, the more expensive property prices will be wasted for several years. I have recently calculated the investment value of Mr Wang, a client. Mr Wang’s daughter began to study at Monash University in Melbourne, Australia, in February 2023. Currently, his daughter rents a 2-bedroom apartment with her classmates for $18,720 a year. Assuming that the rental price does not rise in the next few years, the accommodation fee for four years will be $74,880. However, suppose Mr Wang purchased a set of two-bedroom properties worth about $700,000 Australian dollars (about 3.8 million Hong Kong dollars) in Melbourne, Australia. In that case, his daughter could live in one bedroom and rent the other. That way, she could save her 4-year rental fee. In four years, rent can also be collected to offset some loans. 5. Can Australia’s “in support of houses” achieve zero costs to study abroad? If you buy real estate in Australia when you start studying here, by the time international students graduate, the value will increase. If you choose high-quality real estate, the house value can even pay for your tuition whilst studying in Australia. For families with a sufficient budget, rent can be a rich “cash flow” for children, enough to pay their living expenses and parts of their Australian tuition fees. However, achieving zero costs through overseas property investment in Australia is not achievable by everyone, and the feasibility varies from person to person. The key is to find professionals who are very familiar with Australia’s real estate rules and industry. Buying a high-quality property is not enough if you buy it with your eyes closed. 6. Can Hong Kong assets be used for a mortgage to buy a house in Australia? When buying a property in Australia, you may require a mortgage to purchase real estate. If you have assets in Hong Kong, this will make for a more convincing case when applying for a mortgage, but your assets in Hong Kong are “adequate and non-necessary conditions.” In fact, if the buyer can make the first payment of the property price of more than 30% at one time, Australian financial institutions will already be confident in your financial ability. 7. Can international students buy Australian secondhand houses? According to FIRB’s regulations, international students hold a 500 study visa (allowing them to stay legally in Australia) and are temporary residents of Australia. Therefore, they can buy a secondhand house for self-residential purposes (that is, the resident must use this property as their main residence in Australia). But you need to pay attention because: a. You must sell the property within three months of visa expiry or departure (that is, sell this property within 3 months after the resident stops using the property as their main residence) unless you become an Australian citizen or permanent resident. b. All international students must apply for FIRB, and the application fee differs according to house prices. c. Do not rent or sub-rent, otherwise, it violates the FIRB regulations (that is, the resident may not rent this property or part of it out to a third party). After the international student visa expires, if the secondhand property is illegally held, international students will face a fine of tens of thousands of Australian dollars or three-year imprisonment in accordance with the law. I don’t recommend buying secondhand buildings when studying abroad in Australia. There are few advantages except for renting and earning rental income. If there is trouble with your Visa or your Visa expires, you must sell the secondhand property, meaning it is difficult to make an increase in the Australian property market. Today, more and more international students buy property in Australia to achieve the purpose of “housing care”, in addition to the family overseas asset allocation in advance. Australia’s property prices have also begun to show signs of rebound under the promotion of this general trend, and new real estate is even more sought after. If you calculate the rent cost that may be afforded in the future, when funds are sufficient, buying a house is absolutely necessary, and the sooner, the better. You can also watch the video below to learn more about Australia property news: Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

Why choose to study in Australia? Australia has a good quality of life and a sound education system, attracting many international students to study in Australia every year. As a flexible and diverse country, there are naturally countless course options for further study in Australia, and students can choose their favorite subjects to study and develop their interests. This is why Australia has been the best choice for overseas study for many years. Hong Kong students now only need to complete university, masters, doctoral, or vocational education courses in Australia, get a work visa and meet the residency requirements, and they can achieve the purpose of immigrating to Australia (which is very cost-effective). In addition, compared with overseas study in the United Kingdom and the United States, the cost of studying in Australia is relatively cheap. Coupled with a guaranteed quality of life, students will study and live in such an ideal country with half the effort. Overview of further education in Australia Australia is a multicultural country; you can meet students from all over the world, even many older students, and enjoy a variety of further study options: Primary school: Once they turn the age of 6, students are eligible to go to primary school in Australia. Primary education in Australia encourages students to express themselves boldly and focuses on cultivating students' self-directed learning ability. The learning content is mainly organized in six areas: English, Creative Arts, Human Society and Environment (including Language), Mathematics, Personal Development, Health and Physical Education, and Learning and Technology. Coming to Australia to study in primary school, children are in the golden period of language learning. The all-English teaching environment, coupled with Australia's beautiful environment, food safety and other factors, can lay the foundation for children to go to world-famous schools in the future. Secondary school: The Australian school system is similar to that of Hong Kong, and secondary school lasts for 6 years. Generally, secondary school students do not need an English IELTS score to study in Australia, but they need to be accompanied by a language course for 20 weeks, and then the main course. If students have an IELTS score of 5~5.5, they do not need language classes and can be admitted directly. The benefits of studying abroad in secondary school are numerous. First of all, if you choose Australia to study from junior high school, you will generally be able to speak English as fluently as your mother tongue in the future. But if you choose to study in Australia at an older age, even if you try to learn English, it is difficult to integrate into the Australian local population. Technical and Further Education (TAFE): Vocational education and further education in Australia mainly provide students with a variety of vocational higher education courses, involving hundreds of disciplines (such as finance and trade, business and finance, engineering and architecture, visual arts and so on). Its courses can be directly linked to bachelors courses at other Australian universities, which is a great way to help students succeed at university. At the same time, TAFE also provides high-quality and high-level vocational skills training for its students, so that students can have professional vocational skills when graduating. Universities: Australia's education is among the best in the world, with a total of 42 universities in the country. Whilst there are 2 private universities, the rest are public. University programs generally last three to four years, Masters degree programs last one to two years, and doctoral degrees require three years or more to complete. Choice of further studies in Australian universities When it comes to studying abroad, many people's first reaction is the Ivy League schools in the United States. As a popular country for studying abroad, Australia has eight famous schools that are also known as Australia's Ivy League due to their high-quality educational resources and good academic environment - they are representatives of Australia's high-quality universities! Australia's "Big Eight" perennially dominates the world's top 100 universities, these schools are: 1. The Australian National University QS World University Rankings 2023 - 30 ANU is an excellent public university with a long history in Australia, and a reputation steeped in education and research. Quality education attracts international students from all over the world who come to Australia to further their studies, and it is a world-class university with outstanding teaching and research results. 2. The University of Melbourne QS World University Rankings 2023 - 33 Founded in 1853, the University of Melbourne is one of the world's leading research universities - and it’s located right here, in the educational capital of the Southern Hemisphere. Many of Melbourne's graduates have become leaders in their fields and have played an important role in politics, culture, academia and business around the world. 3. The University of Sydney QS World University Rankings 2023 - 41 The University of Sydney is located in the heart of Sydney, the financial capital of Australia. It’s known for its business, law and medical majors. Its outstanding academic achievements and excellent course quality are well-known at home and abroad, especially in business, engineering, architecture, medicine, law and other majors. 4. The University of New South Wales QS World University Rankings 2023 - 45 The University of New South Wales is known for its engineering and business studies. Its strong, professional main campus is located in Sydney, covering an area of 38 hectares, which is convenient for transportation from the railway station and airport. There are also three campuses, namely the College of Arts, St. George's and the Defense Military Academy. Both of the former are also near Sydney, whilst the latter is in Canberra. 5. The University of Queensland QS World University Rankings 2023 - 50 The University of Queensland is Queensland's first comprehensive university, founded in 1910, making it the oldest university in Queensland. Its scientific research funding and academic level are always among the top three universities in Australia, and the number of doctoral students is the largest. 6. Monash University QS World University Rankings 2023 - 57 Established by Parliament in 1958, Monash University is Victoria's second oldest university. Monash has an international reputation for its teaching excellence and superb research, it’s one of Australia's largest national universities, and it’s also a well-known intensive research university, which is the first choice for many international students to study in Australia. 7. The University of Western Australia QS World University Rankings 2023 - 90 UWA is one of Australia's most historical, representative and powerful prestigious research universities, ranking among the best in many authoritative Australian university rankings. UWA is located in Western Australia, a state of endeavor with only 11% of Australia's population but that generates and supports nearly 50% of the Australian economy, Its 65-acre main campus is just five kilometres from Perth’s city centre. 8. The University of Adelaide QS World University Rankings 2023 - 109 Located in Adelaide, South Australia, the University of Adelaide was the third university established in Australia. It boasts 5 Nobel Prize winners and 108 Rhodes Scholars, and has been rated as a super five-star academic institution by QS Think Tank. The University of Adelaide is renowned for its cutting-edge research, high quality of education and producing graduates with a world impact. Application process for further education in Australia Choose a study abroad major and school: First, determine your study abroad goals and majors, and choose the right Australian universities and colleges for your needs. Submit application materials: According to the requirements of the application school, prepare relevant application materials (such as resume, transcripts, language test results, recommendation letters, etc). Confirm admission and apply for visa: After the school's admission notice is issued, applicants need to pay tuition fees and submit visa applications as required, and obtain an Australian study visa before entering Australia to study. Prepare for departure: Prepare your flight, accommodation, medical insurance, luggage, etc. before entering the country. It should be noted that current and future Hong Kong students studying in Australia only need to successfully complete their studies to obtain a temporary graduate visa for 5 years, and can apply for a permanent residence visa after 5 years. Hong Kong students who have been granted a graduate visa will be eligible to extend their visa for 5 years with immediate effect, regardless of how long they have been in Australia, and will be eligible to apply for a permanent residence visa at the end of that period. Hong Kong students studying in Australia’s remote areas will have the opportunity to apply for a permanent residence visa after 3 years. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/

In Australia, when it comes to real estate, there is always a connection with taxation. In addition to knowing that rental income and property appreciation are subject to taxation, many people do not know how to pay less tax. In fact, the Australian Tax Office has long prepared money saving cheats for you, so that you can earn money and pay less tax. This is called negative gearing. What is the Australian negative tax deduction? Negative gearing is a common strategy in Australian property investment, and Australia is one of the few countries in the world that implements this policy. Australia's "negative tax deduction" itself is not a tax, but a tax subsidy system for investment property. This applies when an investor takes out a loan to purchase an investment property in Australia and then uses that rent to pay mortgage interest and other expenses. If the rental income of the property is not enough to cover the full loan interest and expenses, the investor can deduct the remaining part as a liability against personal income tax. This deduction can reduce the tax burden on investors, thereby encouraging more people to invest in the real estate market. What are the advantages of Australia's negative tax deduction? 1. Reduced tax burden Australia's negative tax deduction policy allows investors to deduct mortgage interest and other expenses, thereby reducing personal income tax. This can make real estate investment more attractive, especially for those with high incomes. 2. Improve cash flow: By using debt financing, investors can get cash flow in the short term without having to pay for the full purchase cost of the home. This allows investors to grow their real estate portfolios faster and generate higher rates of return. 3. Asset appreciation Property prices tend to rise over time. Therefore, Australia's negative gearing tax policy allows investors to gain income while their assets appreciate. 4. Expand the range of options Under negative gearing, investors can expand their options when considering buying an investment property in Australia. Otherwise, investing only in properties with positive cash flow is often limited to areas with high rental returns rather than areas with high long-term appreciation potential. How do I achieve a negative tax deduction in Australia? Australia’s negative gearing tax does not simply mean that if the rent cannot cover the mortgage, the investor has to "stick" their own money to maintain the house. In fact, the beauty is that negative gearing can deduct non-cash depreciation, and then deduct the tax payable with the "loss" on the book. In reality, the “loss” on the book is often not a real cash loss, but if the house price rises, it will not be regarded as "income" on the book, and it will not increase taxes as a result! In fact, investing in real estate in Australia is like running a business: The Australian Taxation Office (ATO) treats investing in property as a "small business", where you are the shareholder of the business. The property you invest in is a fixed asset; the property management agency is CEO or manager; your tenant is the customer; and the rent paid by the tenant is your "income". To maintain the business, mortgage interest, sewage charges, house depreciation, property management, maintenance costs and insurance premiums are all considered expenses. The detailed items, calculation methods and practical examples of the negative tax deduction on buying a property in Australia are described in detail in my book "Buying a Property in Australia to Create Financial Freedom" (click to jump to the book page). Who is suitable for negative tax deductions in Australia? High-income people are more inclined to this tax arrangement because cash flow is not an issue and can significantly reduce taxes. At the same time, they can enjoy long-term capital appreciation. In Australia, doctors, lawyers, IT and other high-income earners will have several sets of real estate under their accounts for tax deduction. As a result, high-income earners usually pay less tax each year than low-wage earners, or even don't pay taxes. Low-income people who want to achieve financial freedom by investing in Australian property are also suited. These people are more inclined to use positive leverage because cash flow is a more pressing issue. When negative gearing boosts cash flow for such investors, they can invest in new investments more quickly and expand the size of their assets. While there are many benefits to investing in property under Australia’s negative gearing tax rule, it has always been a controversial policy. Some people believe that Australia's negative tax policy is actually encouraging more people to participate in real estate investment, resulting in an increase in demand for investment properties, which in turn pushes up house prices and puts pressure on ordinary families. At the same time, there are risks associated with negative gearing policies, and investors may be exposed to financial risks if they rely on negative gearing policies without an effective investment strategy or management. If their investment property in Australia does not generate sufficient rent or return on investment, they may be forced to sell the property to cover liabilities or living expenses. Therefore, investors should carefully assess the risks and benefits of the negative tax deduction policy, and formulate effective investment strategies and management methods to avoid potential risks. Alison’s Story Born in Hong Kong an moved to Australia, I have been associated with real estate all my life. As the plane slowly landed on the runway of Melbourne Airport, my life and career also changed to another runway. I changed from a Hong Kong real estate agent to an Australian real estate agent, and successfully obtained the Australian lawyer qualification. When I was working in a law firm, I was surrounded by highly educated professionals. Even though their wages are very well, and they are absolutely the elites in society, but their lives are full of hard labor, and it’s hard for them to get rich through buying properties. So I spend all my time and effort on learning financial and real estate investment knowledge, hoping to achieve financial freedom as soon as possible, and let my parents who have worked hard for many years live a good life. Now I will share with you the knowledge and experience of investing in Australian real estate, and embark on the road to financial freedom together. Alison Australian real estate information platform The original intention of Miss Alison to establish investwithalison.com is to provide neutral Australian real estate information through this platform and help investors establish the most suitable investment strategy. 👉Website: investwithalison.com 👉Email: hello@investwithalison.com 👉Linkedin: linkedin.com/in/alisonwongaustralia/