This document provides an overview of investing in property in Melbourne, Australia. It discusses why Melbourne is a good investment location as the most livable city. It also provides details on the local property market, financing options, tax benefits for foreign investors, typical purchase processes, and property management. The key points are that Melbourne has a strong economy and job market, high occupancy rates, and historical average annual capital gains of 7-8% for apartments and houses. Foreign investors can benefit from tax deductions and lower stamp duties on new developments.
Beginner's Guide to Investing in Melbourne PropertyAustral Property
Have you always wanted to invest in Australian Property? Our guide goes into some general advice for first time investors who might be interested in buying real estate from Melbourne as a foreign buyer.
If you are interested in purchasing apartments or landed homes in Melbourne, please feel free to visit us at www.australproperty.com or contact us at info@australproperty.com and we will get back to you.
Deloitte Legal Guide to Cross-Border Secured TransactionsAndrei Burz-Pinzaru
The Deloitte Legal Guide to Secured Transactions includes country-specific information provided by local lawyers and is intended to be a useful tool for creditors and security providers tackling complex issues relevant to cross-border secured transactions. the Deloitte Legal Guide to Secured Transactions was produced by legal practices of the Deloitte Touche Tohmatsu Limited member firms from 27 jurisdictions* across Europe, South America and South-East Asia. It was prepared based on research carried out during 2012-2013 in each of these jurisdictions, and includes country-specific information provided by local lawyers.Topics covered for each jurisdiction include:
· Types of security available
· Types of assets subject to security
· Types of obligations that may be secured
· Validity, publicity and other perfection requirements
· Costs of set up and publicity of security
· Timing for publicity/ perfection requirements
· Rights acquired by the secured creditor
· Governing law issues
· Legal concerns when taking security
· Enforcement issues: court involvement, timing,
· Challenges and cancellation risks
· Secured creditor’s position in insolvency
Also included are highlights and recommendations from the drafters, followed by detailed information for each of the jurisdictions surveyed.
Jeffrey Pereira Bin Abdullah has over 20 years of experience as an Aircraft Maintenance Engineer with Malaysia Airlines. He is currently a Lead Operational Engineer, overseeing base maintenance work and managing planned aircraft checks. Jeffrey is highly knowledgeable about aircraft maintenance and holds licenses and type ratings for several aircraft. He has extensive experience conducting checks and overseeing maintenance for Malaysia Airlines and various other airlines. Jeffrey also provides training to junior engineers and technicians.
Este documento discute la importancia de la imagen de la empresa para los clientes. Explica cómo los elementos visuales como el escaparate, el espacio interior y los colores pueden influir positiva o negativamente en los clientes. También enfatiza la necesidad de mantener las instalaciones limpias y ordenadas para dar una buena impresión a los clientes. El documento concluye proponiendo una actividad de clase para analizar imágenes y comentar sobre estos temas.
Tratamiento de mantenimiento del asma en adultosCadime Easp
Este documento proporciona recomendaciones actualizadas para el tratamiento del asma en adultos en atención primaria. Define el asma, sus factores desencadenantes y su clasificación. Explica el diagnóstico y tratamiento farmacológico escalonado del asma, incluyendo el uso de corticoesteroides inhalados, broncodilatadores y otros medicamentos. El objetivo es lograr el control de síntomas y prevenir exacerbaciones mediante la menor medicación posible.
Australian Property Update For Foreigners (May 2015)Austral Property
Presented at our recent Australian property expo in May, this presentation details some of the changes in fees, rules and regulations for foreign property buyers in Australia, as well as the effect of interest rates on the Australian dollar.
This document provides an itinerary and overview for an inheritance tax and pension freedoms seminar hosted by Thomas Westcott CFP. The itinerary outlines the schedule, speakers, and logistics for the event. It also previews some of the topics to be covered, including wills, lasting powers of attorney, lifetime planning, inheritance tax reliefs, and the impact of pension freedoms legislation on retirement planning. A case study is presented showing how phasing benefits like pension commencement lump sums and income can optimize tax efficiency in retirement income planning. Overall, the summary provides essential details on the event agenda and high-level topics to be discussed.
Transitional Property Investments (TPI) is a limited liability corporation (LLC) with decades of combined business and construction experience as well as investment property ownership and management. TPI seeks to provide high value, high quality, cost effective living and working environments across the communities in which we live and work while assuring profitability and sustainability for our lenders. TPI utilizes funds from our private lender network to locate, purchase and improve residential and commercial properties. Unlike traditional “flippers”, we prefer to hold and lease these properties to qualified businesses and/or individuals. With this strategy our lenders enjoy a higher, sustained return on investment for longer periods of time.
We pay a high simple interest premium to have funds readily accessible.
Beginner's Guide to Investing in Melbourne PropertyAustral Property
Have you always wanted to invest in Australian Property? Our guide goes into some general advice for first time investors who might be interested in buying real estate from Melbourne as a foreign buyer.
If you are interested in purchasing apartments or landed homes in Melbourne, please feel free to visit us at www.australproperty.com or contact us at info@australproperty.com and we will get back to you.
Deloitte Legal Guide to Cross-Border Secured TransactionsAndrei Burz-Pinzaru
The Deloitte Legal Guide to Secured Transactions includes country-specific information provided by local lawyers and is intended to be a useful tool for creditors and security providers tackling complex issues relevant to cross-border secured transactions. the Deloitte Legal Guide to Secured Transactions was produced by legal practices of the Deloitte Touche Tohmatsu Limited member firms from 27 jurisdictions* across Europe, South America and South-East Asia. It was prepared based on research carried out during 2012-2013 in each of these jurisdictions, and includes country-specific information provided by local lawyers.Topics covered for each jurisdiction include:
· Types of security available
· Types of assets subject to security
· Types of obligations that may be secured
· Validity, publicity and other perfection requirements
· Costs of set up and publicity of security
· Timing for publicity/ perfection requirements
· Rights acquired by the secured creditor
· Governing law issues
· Legal concerns when taking security
· Enforcement issues: court involvement, timing,
· Challenges and cancellation risks
· Secured creditor’s position in insolvency
Also included are highlights and recommendations from the drafters, followed by detailed information for each of the jurisdictions surveyed.
Jeffrey Pereira Bin Abdullah has over 20 years of experience as an Aircraft Maintenance Engineer with Malaysia Airlines. He is currently a Lead Operational Engineer, overseeing base maintenance work and managing planned aircraft checks. Jeffrey is highly knowledgeable about aircraft maintenance and holds licenses and type ratings for several aircraft. He has extensive experience conducting checks and overseeing maintenance for Malaysia Airlines and various other airlines. Jeffrey also provides training to junior engineers and technicians.
Este documento discute la importancia de la imagen de la empresa para los clientes. Explica cómo los elementos visuales como el escaparate, el espacio interior y los colores pueden influir positiva o negativamente en los clientes. También enfatiza la necesidad de mantener las instalaciones limpias y ordenadas para dar una buena impresión a los clientes. El documento concluye proponiendo una actividad de clase para analizar imágenes y comentar sobre estos temas.
Tratamiento de mantenimiento del asma en adultosCadime Easp
Este documento proporciona recomendaciones actualizadas para el tratamiento del asma en adultos en atención primaria. Define el asma, sus factores desencadenantes y su clasificación. Explica el diagnóstico y tratamiento farmacológico escalonado del asma, incluyendo el uso de corticoesteroides inhalados, broncodilatadores y otros medicamentos. El objetivo es lograr el control de síntomas y prevenir exacerbaciones mediante la menor medicación posible.
Australian Property Update For Foreigners (May 2015)Austral Property
Presented at our recent Australian property expo in May, this presentation details some of the changes in fees, rules and regulations for foreign property buyers in Australia, as well as the effect of interest rates on the Australian dollar.
This document provides an itinerary and overview for an inheritance tax and pension freedoms seminar hosted by Thomas Westcott CFP. The itinerary outlines the schedule, speakers, and logistics for the event. It also previews some of the topics to be covered, including wills, lasting powers of attorney, lifetime planning, inheritance tax reliefs, and the impact of pension freedoms legislation on retirement planning. A case study is presented showing how phasing benefits like pension commencement lump sums and income can optimize tax efficiency in retirement income planning. Overall, the summary provides essential details on the event agenda and high-level topics to be discussed.
Transitional Property Investments (TPI) is a limited liability corporation (LLC) with decades of combined business and construction experience as well as investment property ownership and management. TPI seeks to provide high value, high quality, cost effective living and working environments across the communities in which we live and work while assuring profitability and sustainability for our lenders. TPI utilizes funds from our private lender network to locate, purchase and improve residential and commercial properties. Unlike traditional “flippers”, we prefer to hold and lease these properties to qualified businesses and/or individuals. With this strategy our lenders enjoy a higher, sustained return on investment for longer periods of time.
We pay a high simple interest premium to have funds readily accessible.
This document summarizes a home buyer seminar presented by a realtor and mortgage lender. It discusses the benefits of homeownership over renting, current market conditions making it a good time to buy, various loan programs available, and the basic steps involved in the home buying process. Key points covered include how much house one can afford, the importance of pre-approval, costs of owning vs renting over 5 years, how to qualify for different loan types, and the many professionals involved in a real estate transaction. Questions from attendees are invited at the end.
Major benefits of investing in overseasDaniel Henny
This document outlines some of the major benefits of investing in overseas property. It discusses how overseas property investments are becoming more convenient and lucrative with relatively low risk. Some key benefits mentioned include the opportunity to profit from expanding and crisis markets, using the property as a holiday home, portfolio diversification, tax advantages, and creating legacy wealth. The document also provides advice on choosing the right location, understanding regulations in different countries, checking ownership and title details, prioritizing safety and security, and using a property management firm.
Peak Properties is a real estate investment firm that offers private lending opportunities for investors to earn high returns of 10-15% by lending money to the firm. The firm buys distressed homes, renovates them, and quickly resells them for profits. Investors are secured by first mortgages on the properties and their money is used to fund purchases and repairs. The loans are short term, usually 4-6 months, and investors receive their principal and interest back when the homes are sold. The presentation provides examples of past deals and touts the safety and passive nature of these investment opportunities.
A Presentation from a panel of experts including a Chartered Tax Adviser, a Chartered Wealth Manager, an Estate Planning Solicitor and our special celebrity guest speaker, BBC financial pundit and Co-Founder of Seven Investment Management, Justin Urquhart-Stewart. This event took place in Plympton on 11th October 2017
IDLC provides various home loan options for individuals looking to purchase or improve property. These include apartment purchase loans, home equity loans, construction loans, land purchase loans, and loans for property registration. Loans are repaid through equated monthly installments and offer flexibility like converting between fixed and variable interest rates. Customer focus, integrity, and sustainable business practices guide IDLC, which has over 20 years of experience in home financing.
This presentation discusses self-directed IRAs and how they can be used to invest in real estate and other assets. A self-directed IRA allows investments beyond just stocks and mutual funds. It highlights how compound interest can grow an IRA significantly over time. The presentation also covers the benefits of using retirement accounts for investing, common investment options for self-directed IRAs, potential pitfalls to avoid, and choosing a custodian to manage the account.
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This document provides an overview of homeownership basics. It discusses getting financially ready for homeownership by having steady income for 2 years, a cash reserve, and good credit. It also covers determining the right fit by considering location, style, and documents needed. The document explains financing options like conventional, FHA, and VHDA loans. It discusses making an offer, including pricing and terms. Protections like home warranties, inspections, appraisals, surveys, and insurance are also outlined. The document is authored by Jacque Vaughan, a real estate professional from Richmond, Virginia.
Presentation from the 2016 Dorset Charities Conference, hosted by Ward Goodman. This popular an annual event brings together local charities and leading sector suppliers from across the region.
The document discusses different levels of property investment and strategies, including having 1 property, 2-4 properties, or 5+ properties. It also covers barriers to financing property investments such as equity, cash flow, credit records, and personal character. Strategies are presented for never running out of borrowing power again through equity, debt service ratios, reducing consumer debt, and converting property debt to interest only.
Mumbi properties investment strategy, concept and examplesChomba Chuma
Mumbi Properties Investment strategy is unique, innovative and revolutionary.
This presentation shows you how to use simple, basic and proven methods to acquire an Infinite Property Portfolio.
By using the Right Structures, Right Experts and Right Properties, a middle-class income can build you a portfolio of over 40 properties in less than 10 years!
Mumbi Properties takes you through this process with a simple 6-step process namely:
1. Introduction to Mumbi and Investment Strategy
2. Entity Registration
3. Property Presentation
4. Mortgage Finance
5. Property Registration
6. Rental Management
Call 912-303-5065 to learn how to earn passive double digit rates of return by investing in short term deeds of trust (mortgages) secured by undervalued real estate assets with a trusted partner with a strong track record of success
Eurofast Webinar: Are you up to date with your US FBAR Reporting Requirements? Eurofast
This document provides information about U.S. FBAR (Foreign Bank and Financial Account Reporting) obligations. It summarizes that United States persons must file an FBAR if they have a financial interest in or signature authority over a foreign financial account that exceeds $10,000 at any point during the year. It defines United States persons as U.S. citizens, residents, and entities. The document then analyzes the basic FBAR requirements including what constitutes a financial interest, signature authority, and foreign financial account. It also discusses exceptions, filing deadlines, penalties, and provides contact information for Eurofast which can assist with FBAR filings.
The document discusses using Section 1031 exchanges to defer capital gains taxes when selling investment real estate and purchasing replacement properties. It provides examples of different types of Section 1031 exchange structures including delayed exchanges, reverse exchanges, and build-to-suit exchanges. It also discusses alternative investment opportunities that can be acquired through Section 1031 exchanges, including investing in tenant-in-common properties which provide fractional ownership of institutional-grade real estate. The document aims to educate about Section 1031 exchanges and their strategic benefits for real estate investors and clients.
This document discusses various investment options and their historical returns, as well as tips for real estate investment. It provides statistics showing that over the long term from 1926 to 2006, stocks generated average annual real returns of 6.8% and nominal returns of around 10%, long-term government bonds had real returns of 2.4% and nominal returns of 5%, and gold had average real returns of 1.2%. The document then lists the benefits of investing in professionally managed rental homes and notes they provide monthly cash flow, tax benefits, appreciation potential, and leverage opportunities. It also offers advice on properly sizing rental properties and budgeting for real estate investments.
National banks operate within a single country, while international banks provide banking services across borders. Some key differences are that international banks can process payments through telegraphic transfer and provide services like letters of credit internationally. They also provide consultancy on cross-border financing and cash management. International banks allow customers to bank in different currencies and avoid risks of local economic issues like inflation by keeping wealth offshore. However, offshore banking is also associated with money laundering and tax evasion.
The document discusses factors to consider when deciding whether to rent or buy a home. It outlines costs associated with renting versus owning, including down payments, mortgages, property taxes, and maintenance. The document then details the process of buying a home, including finding an agent, viewing properties, making an offer, closing, moving in, and ongoing responsibilities like paying bills. Resources for various stages of the process are also provided.
- A Will should be reviewed every 2 years or when major life events occur like marriage, divorce, birth of children. It ensures assets go to intended beneficiaries and avoids unintended consequences like higher taxes.
- South African law provides broad freedom of testation but children must be maintained and spouses can claim maintenance.
- To be valid, a Will must be signed and dated in front of two witnesses over age 14 who do not benefit from the Will.
- Trusts are an agreement, not a legal entity, and can help reduce death duties and preserve wealth across generations while protecting assets from creditors. Inter vivos trusts allow more control than testamentary trusts but come with costs and tax implications.
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This document summarizes a home buyer seminar presented by a realtor and mortgage lender. It discusses the benefits of homeownership over renting, current market conditions making it a good time to buy, various loan programs available, and the basic steps involved in the home buying process. Key points covered include how much house one can afford, the importance of pre-approval, costs of owning vs renting over 5 years, how to qualify for different loan types, and the many professionals involved in a real estate transaction. Questions from attendees are invited at the end.
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Presentation from the 2016 Dorset Charities Conference, hosted by Ward Goodman. This popular an annual event brings together local charities and leading sector suppliers from across the region.
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2. Entity Registration
3. Property Presentation
4. Mortgage Finance
5. Property Registration
6. Rental Management
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- South African law provides broad freedom of testation but children must be maintained and spouses can claim maintenance.
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Similar to Beginners Guide To Investing In Melbourne Property (20)
3. Disclaimer
This presentation is not to be considered legal or financial
advice. The advice provided on this presentation is general
advice only. It has been prepared without taking into
account your objectives, financial situation or needs. Before
acting on this advice you should consider the
appropriateness of the advice, having regard to your own
objectives, financial situation and needs.
4. Investing In Melbourne Property
• Why Melbourne?
• About Melbourne
• Finance
• Tax
• Legal
• Visas
• Property Management
• The Purchase Process
5. Why Melbourne?
• World’s most livable city 2011,
2012, 2013, 2014*
• Healthcare
• Infrastructure
• Education
• Security
• Culture and Environment
• Sport
*The Economist Intelligence Unit (EIU) Global
Liveability Survey
6. About Melbourne
• Located in the state of Victoria
• Most densely populated state in
Australia
• Second largest city in Australia
(4.17 million people)
• Over 75% of the state live in
Melbourne city
• 66% of Melbourne is Australian-
born
7. About Melbourne
• Fastest growing area in Australia
• 10.5% population increase from
2012-2013
• Districts surrounding Melbourne’s
CBD grew by 15%
• Melbourne growing faster than
Sydney over the past decade
• Over 65,000 new permanent
residents to Victoria a year (2011-
2012)
8.
9.
10. Economy
• Victoria has the second largest
economy in Australia
• Accounts for 25% of the country’s
GDP
• Largest income sectors are finance,
insurance and property
• Largest single employer is
manufacturing
• Fastest growing sector is the
service industry
11. Education
• Melbourne University - oldest
university in Australia
• Monash University – largest
enrolment of nearly 56,000
students
• 30% of student population are
International students
• Over 200,000 international
students in Victoria
12. Historical
Performance
• Capital appreciation historical
average over past 10 years
• Apartments – 7% per year
• Houses – 8% per year
• Rental yield 4-5.6+% depending
on location and unit type
• Information openly available
from the REIV (Real Estate
Institute of Victoria)
13. Occupancy Rate
• Amount of homes that are
occupied
• Melbourne’s average over 96%
occupied
• Good rental market
• High number of owner occupied
• KL luxury condominiums have
occupancy rate of only 70% or
less
14. Regulation
• 10% down payment held in a trust
• By Australian regulation, this
money can’t be touched by the
developer
• Upon settlement, this 10% is
transferred to the bank with
interest gained*
• 70% of units must be sold before
developer’s bank loan kicks in
15. Financing
• Local loans allow maximum of 70%
financing
• Australian loans allow 80%
financing
• Australian banks can’t discriminate
on age
• Current interest rate is the lowest
for over 50 years
• Australian dollar weakened with
the Ringgit against the US Dollar
• Interest only loans for up to 15 years
16. Tax Benefits For
Foreigners
• Depreciation of fixtures and fittings
over 5 years, i.e. light fittings,
blinds, cupboards, etc.
• Claim property inspection as tax
deductibles (air ticket,
accommodation, food, transport
etc.)
• Borrowing expenses can be
claimed as a tax deductible
• Used to offset your rental income
• Accrue tax credits if you eventually
move to Australia
17. Stamp Duty
Savings
• State of Victoria has stamp duty
incentives for buying new
properties
• Encourage new developments in
the state
• Stamp duty is proportional to
construction completion
• Off-the-plan projects, stamp
duty is on land value only
18. Fees
• Body corporate
• Similar to management fee in
Malaysia
• Used to maintain the building or
area that you live in
• Paid by the home owner
• Council fees
• Fees to offset public services
• Waste collection and disposal
services for your neighborhood
• Maintain parks and gardens
• Roads and planning
19. Conveyancing
• Conveyancing is the process of
transferring ownership of a legal title of
land (property) from one person or
entity to another
• E.g. from developer to purchaser
• Conveyancers don’t necessarily have to
be lawyers but usually are
• Prepare, clarify and lodge legal
documents – e.g. contract of sale,
memorandum of transfer
• Research the property and its certificate
of title – check for easements, type of
title and any other information that
needs addressing
• Put the deposit money in a trust account
• Calculate the adjustment of rates and
taxes
• Settle the property – act on your behalf,
advise you when the property is settled,
contact your bank or financial institution
on when final payments are being made
• Represent your interest with a vendor or
their agent
20. Australian Visas
• You don’t need a visa to buy
Australian property
• FIRB application is required
• Buying one property does not
qualify you for a residency
• Buying multiple properties to
form a business may qualify for a
business visa
21. Australian Visas
• Foreigners must sell their property
back to a resident
• Choose locations where locals want
to stay
• Foreigners can only buy new
property, not sub sale
• Permeant residents qualify for first
home buyers grant
• Permanent residents can sell and
buy property to anyone
22. Property
Management
• Advertise your property for rent
• Show your unit to potential tenants
• Shortlist and filter tenants
• Inspect your unit for defects upon
receiving from the developer
• Collect rental
• Pay any fees from rental
• Organize for fixes on your unit
• Typically 7% of rental is charged as
their fees
23. Reserve Lot &
Booking Fee
Issuance of
Contract of Sale
Contract Signed 10% Deposit Paid
Exchange of
Contract of Sale
Pre-Settlement &
Inspection
Settlement
Keys Handed To
Client
Engage
Conveyancer
If Required
Apply FIRB If
Required
Apply For
Loan If
Required
The Purchase Process
24. Thank You
For more information on investing in Australian property,
please contact William Lee at:
William.lee@australproperty.com
+6 018 2388 972