Buying A House in Australia
Yes – Kiwis living in Australia can absolutely purchase a house here!
As a New Zealand citizen you are allowed to live and work in Australia permanently, which has the same effect for the purposes for working and buying a house in Australia. Your loan can be used for any kind of residential housing. This includes both a home to live in and an investment property in Australia. New Zealand citizens living in Australia can borrow up to 95% of the value of a property plus Lenders Mortgage Insurance (LMI).
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