What is the FIRB?

March 31st, 2011 33 Comments
Posted by

FIRB approval for an investment propertyThe Foreign Investment Review Board (FIRB) examines applications from overseas citizens (This includes those who live in Australia on a 457 Working Visa, and subclass 309 or 820 Temporary Resident Visas) who are looking to invest in property in Australia.
If you are looking to purchase a home to live in or an investment property you may be required to obtain FIRB approval.

Who needs to obtain FIRB approval?
In 2010 the Federal Government of Australia announced new legislation which limits exemptions for foreign citizens and temporary residents looking to purchase property in Australia.
Below is a list of those who are exempt from obtaining FIRB approval:

  • Australian citizens living overseas
  • New Zealand citizens
  • Permanent resident visa holders
  • Anyone who is married or in a de-facto relationship with an Australian citizen (not a Permanent Resident)

Please visit the FIRB website for a complete list of exempt parties.

What type of properties can I purchase?

  • Owner Occupied Property: If you are buying a home then you may be able to buy an established property (one that wasn’t recently built). You will have to sell your property if you move back to your home country or elsewhere in Australia – If you have obtained your permanent residency in the meantime then you will not be required to sell the property.
  • Investment Properties: In most cases the Australian government will approve applications to buy an investment property on the condition that it is a new property (new development or if you buy land and build a property). You can often keep an investment property if you leave Australia.

Applying for permanent residency / citizenship

It is not known by us if owning real estate in Australia in any way affects your application for citizenship. Please refer these questions to your migration agent.

When is FIRB approval required?

You should apply for FIRB “pre-approval” once you have decided to buy a property in Australia; you can then look for a property at your leisure. Your solicitor or conveyancer will usually help you with your application for FIRB approval as part of their normal services.

We recommend that you obtain FIRB pre-approval at the same time as you apply with us for your mortgage pre-approval. To find out more refer to the applying for a loan section of our website.

Do you need help with a loan?

We are mortgage brokers who specialise in financing the purchase of Australian real estate by foreigners, Australians living abroad and people temporarily residing in Australia. This includes those who live in Australia on a 457 Working Visa, and subclass 309 or 820 Temporary Resident Visas.

Please refer to our Non-Resident Finance website for information about the loans that you may qualify for.


  1. Carroll B. Merriman says:

    Great post! I am actually getting ready to do more ezine resarch and coming across this information couldn’t have come at a better time. Thanks so much.

  2. Mr Repair Windows Registry says:

    Thanks for this. I rarely finish reading a complete piece like this so I’m happy this time round I did. Anyways I had to refresh a few times before the site showed up properly. Hopefully it’s just my connection.

  3. cat says:

    I would like to start my own blog one day. This was a really nice blog that you made here. Keep up the success

  4. katalog says:

    Nice article! It was a pleasure to read it 🙂

  5. Bmlrfj says:

    generic name for allergy pills allergy medication primary name walgreen generic allergy pills

  6. Bppdgl says:

    costco canada cold and sinus allergy pills over the counter antihistamine nasal spray canada

  7. Qkpefa says:

    anti nausea medication during chemotherapy buy generic bactrim

  8. Gpkgpl says:

    isotretinoin tablet order accutane 20mg generic purchase absorica online

  9. Jxorrc says:

    order isotretinoin 20mg generic order isotretinoin 40mg sale accutane 20mg brand

  10. Pnsubl says:

    cheap amoxicillin pill cheap amoxicillin for sale buy amoxicillin 500mg pill

  11. Skldmb says:

    buy lasix pills diuretic lasix 40mg generic

  12. Arusda says:

    buy omnacortil pills cost omnacortil buy generic prednisolone for sale

  13. Fbncnw says:

    prednisolone 5mg tablet omnacortil 10mg without prescription omnacortil 5mg price

  14. Blmhzt says:

    purchase rybelsus generic rybelsus 14mg cheap rybelsus 14mg for sale

  15. Rnjvzf says:

    semaglutide pill brand semaglutide buy semaglutide 14mg without prescription

  16. Ezzwnq says:

    generic accutane order accutane 20mg online cheap buy accutane paypal

  17. Bzivhq says:

    accutane 40mg tablet buy accutane for sale order accutane generic

  18. Qcgaoq says:

    semaglutide 14mg uk order generic rybelsus 14 mg buy semaglutide 14mg online

  19. Dholnr says:

    order amoxicillin 1000mg pill buy amoxicillin 500mg without prescription amoxicillin 250mg us

  20. Vrslsx says:

    order albuterol 4mg ventolin inhalator order online generic ventolin inhalator

  21. Rtvmqr says:

    purchase ventolin inhalator generic ventolin online order ventolin 2mg cheap

  22. I appreciate the way you tackle complex topics with clarity and finesse. Fantastic writing!

  23. Your writing has a timeless quality that resonates deeply with readers.

  24. Your writing is like a guiding light in a sea of noise – clear, focused, and illuminating.

  25. Qkqrar says:

    clomiphene 100mg over the counter order generic clomiphene 50mg buy clomiphene 50mg online cheap

  26. Vvxzhk says:

    clomiphene 50mg us clomid over the counter order clomiphene for sale

  27. Phrjsg says:

    furosemide us lasix 100mg uk buy lasix cheap

  28. Mpajfi says:

    order rybelsus pills semaglutide 14 mg uk buy semaglutide 14mg without prescription

Leave a Reply