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I have been living in Australia on a temporary resident visa for several years, but my current visa expires in less than 12 months. Am I eligible to buy an established (second hand) dwelling?

April 26, 2017Australia Living months resident Temporary Visa

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I have been living in Australia on a temporary resident visa for several years, but my current visa expires in less than 12 months. Am I eligible to buy an established (second hand) dwelling?

1 Answer

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Yes, it does not matter how much time is remaining on your current visa, as long as it was valid for more than 12 months when it was issued. However, please note that approvals are subject to a condition that you must sell the dwelling when it ceases to be your principal place of residence.