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Discussion in 'Renting & Real Estate' started by cal, Oct 22, 2008.

  1. cal

    cal Super Moderator Staff Member

    For anyone who has not yet bought a house in Queensland ,you may be interested to know the first time buyers grant has been upped from $7000 to $14,000 and if you have a new build its higher still at $21,000.
    It doesnt matter if you owned your own home in the UK as long as youve never owned one in Oz!
    Cal x
     

  2. Mark and Jo

    Mark and Jo The MadHatters

    Great news for all new migrants!
     
  3. jbro31

    jbro31 Guest

    Hi guys is this for PR only, as I imagine it is, what about stamp duty when it says it applies to first time buyers is that dependent up on what type of visa they are on? Regards. Jx
     
  4. cal

    cal Super Moderator Staff Member

    Unfortunately most of the grants and bonsus are only available if you have a permant residency visa.
    Cal x
     
  5. Mark and Jo

    Mark and Jo The MadHatters

    Stamp duty is only payable on a home over 500K$
     
  6. bacardi167

    bacardi167 New Member

    cal - how does this work then ? - we have never owned a house anywhere; so what does this mean for us ?

    Sounds like good news but awaiting ur reply !!
     
  7. cal

    cal Super Moderator Staff Member

    The amount you get will start to drop soon until it is fased out altogether (over the next 6- 12months).

    If you hold a permanent residency visa and have not owned/purchased a property here in Australia you can claim it.
    It doesn't matter if you are paying outright in cash or have a mortgage you can still claim it. In most cases your solicitor will submit the claim form whilst dealing with your house purchase.
    You cant buy it in your wifes name and claim ,then purchase another property in your name and claim again, their magic computer will know and knock back your second claim.lol.
    Hope this helps
    Cal x
     

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