The information about legal requirements for a foreigner who would like to purchase a residential real property in Australia is brought to you by Ji Hoon Chang, a lawyer from David Chang Legal.
You may have heard that foreigners should seek a pre-approval from the Foreign Investment Review Board in order to purchase a residential property in Australia. Why is this required and what is required? We will find out the answers together.
Failure to obtain FIRB approval when required could have significant consequences for investors.
Ji Hoon Chang, a lawyer from David Chang Legal, gives you more detailed information about the issues through this episode.