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Australia – The government is rolling out the red carpet for wealthy foreign investors to stimulate the economy

Australia – The government is rolling out the red carpet for wealthy foreign investors to stimulate the economy

Australian government stimulating economy with wealthy investors

Australia – The government is rolling out the red carpet for wealthy foreign investors to stimulate the economy

There has never been a better time for rich foreign investors to buy residency in Australia after the federal government quietly pushed ultra-wealthy applicants to the front of the line. An internal document released under the Freedom of Information (FOI) Act reveals that in August last year, then-Immigration Minister Alan Tudge directed the Department of…

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Chinese Investors are piling into Australian property | Australian TV AUSBIZ with Georg Chmiel

Our Co-founder & Executive Chairman Georg Chmiel was on the Australian TV business news network AUSBIZ today, sharing some key points on our current property market. Georg stated that Asian buyers are on the hunt for property overseas and due to the travel restrictions, buyers are purchasing properties online. In Southeast Asia, Malaysia, Thailand and Singapore are…

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Crown Resorts

Australia Crown Resorts One Barangaroo property prices could fall, but wealthy owners won’t care

High-rolling buyers of the luxurious Barangaroo apartments owned by Crown are unlikely to be bothered if the casino no longer goes ahead, despite the possibility it could affect the value of properties, according to industry insiders. Questions have been raised over the potential financial impact the scathing Bergin report into Crown Resorts could have on its…

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Chinese investors grabbing prime Asian real estate

According to Juwai IQI's data - from industry and government sources have revealed that from 2015 to 2020, Chinese acquirers purchased overseas residential real estate worth more than US$202.8 billion.  According to American think-tank data, from 2005 to 2020, Chinese cross-border commercial real estate investment totalled no less than US$104.8 billion.  Commercial real estate construction…

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