SearchInvesting in Queensland
Debbie asks:
(updated on Tuesday, September 26th 2017)
I am looking at investing in Queensland. I am new to this but I am wondering: can I set up a loan in Australia or do I need to get a loan from a New Zealand bank? Also, can you help me around some information about stamp duty in Queensland when purchasing property.
Our Experts Answer:
If you are purchasing property overseas you will need to raise the mortgage offshore with the exception of potentially raising deposit funds against New Zealand based property. In regards to stamp duty have a look at this link for more information: http://stampduty.calculatorsaustralia.com.au/stamp-duty-qld.
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