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How does the Foreign Investment Review Board (FIRB) impact real estate purchases in Australia?

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Q

What are the regulations and requirements for foreign investors buying real estate in Australia, according to the FIRB?

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2 answers from the community

A

The Foreign Investment Review Board (FIRB) sets rules for foreign investors buying real estate in Australia, including approval requirements for certain purchases.

1 year ago

A

Foreign investors must apply for FIRB approval before purchasing residential property and comply with conditions set to ensure the investment benefits the Australian community.

1 year ago