在澳大利亚 I am in Melbourne. Would like to buy properties interstate. How difficult is that to manage these properties. Any advise. 评论 Do you mean manage to find them or manage as in property manager? 评论 Manage to find a good property manager 评 Hi everyone, After months of searching for my first IP I believe finally have the corage to put in my first offer. I would love some feedback Property: Duplex Asking price: $239,000 I believe it is worth $225,000 to $230,000 My Offer: $218,0
Has any one had experiece buying and developing[small time]in any of these areas. Some of these spots are real cheap to live in [compared to Aus] and apparently some have no personal or company income tax.
Some also don't allow foreign ownership, I've heard. I think that was Malaysia? You have to set up a foreign company and rent it to yourself. Personally, I have the same view of these places as I would on investing in the UK, US, etc: why spend all that time learning the laws, developing contacts, etc when we already know the australian system? It's not like we're going to run out of good investment ideas in Oz.
If you like Malaysia, Thailand or Thailand, go there for holidays and rent a villa or something.
If you want to research your right to own property in these countries have a look at
Haven't been there for a while but there is a lot of data there.
If you earn income outside of Australia aren't you taxed still by the ATO?
How do you go if its negative geared property in one of these countries as well?
What are Capital Growth rates like and how do you value and get equity out?
Hi I'm currently in Malaysia having just finished speaking at the World Property Summit .
Lots of attendees from Malaysia, Vietnam and China.
These countries are definately booming with huge population growth and development opportunities.
But definately no opportunities for beginners and fewer for foreigners. The rules are very different and you need to know the locals well so you know hot to "grease the wheels of industry" so to speak - some of the best capitalist opportunities "that money can buy" -if you get my drift
There are definitely more attractive opportunities in Vietnam, Malaysia and China, than in Australia, when comparing capital growth potential. The fundamentals of these countries are excellent. Their economies are booming and young people are buying property.
I moved from Melbourne to Singapore when I now live and am looking into purchasing a unit in Vietnam. 70% iof the population is less than 35 years of age and they have made money and looking to park it into property. There are currently no mortgages in Vietnam but it is said there soon will be. Imagine what will happen to money flowing into the country when that happens. Many good reasons to look at Vietnam - the next China.
i'm interested in viet as well. how r u gg to get a loan to get proerty there? a loan from a sgp bank?
Just because there are no mortgages in Vietnam it doesn't mean that people don't borrow money to purchase properties they just go to private lenders just like many Australians had to do pre 1970's.
ermen said: ↑
i'm interested in viet as well. how r u gg to get a loan to get proerty there? a loan from a sgp bank?Click to expand...
Figured we'll pretty much do what Alex said and keep doing the OZ thing and just rent up there (Asia) when we need a break off the boat.
So many nice places available,and so cheap, compared to Australia.
Although I would love to get a slice of this for when I decide to go land based
At that stage these might be looking pretty ratty though.
Properties are really cheap in Malaysia atm....the CG is quite poor and the yield is very very low.
I am Malaysian so I can buy there. I was actually speaking about this with my dad the other day coz I plan to go back to live 6 mths a year for the next few years until Josh goes to primary. My hubby and I are 'bananas' lol...we barely speak chinese so we don't want our son to grow up not being able to speak chinese and have limited opportunities. For example, if he had a gift for composing music he won't get anywhere in oz, will have to go to asia and he won't do well there ither unless he can speak the language. I want to enrol him into a kindergarten in KL and also for him to get to know all his cousins and relatives better.
The exchange rate is very good atm 3:1 so for about $40k you could buy a condo outright and then another $15k to renovate it. Properties in Malaysia come with nothing....new ones that is...it's not even liveable unless you renovate it.
But it might not be worthwhile since my son cannot get Malaysian citizenship because I think it depends if the father has it or not...for my husband to be malaysian he will have to give up his british citizenship. I almost gave mine up....but I will never do that now. It's really hard to get back. So if I do go back to malaysia, my husband won't be able to stay more than a mth at a time.
Michael...yes malaysia is still a very corrupted country. my dad worked for a bumi putra company so was lucky to have the opportunity to handpick whatever he wanted if there was new development.....developers have to set aside properties for malay companies at a discounted price. But try to go to a 'mamak' stall....I miss authentic malaysian food!
There are lots of opportunities in HK too but likewise, you need to know people. You buy a flat/condo in a new development in the presales with a long settlement and then on sell it once it's finished. People queue up for days....but if you know someone you don't have to queue and you get your pick of the best apartment for the best price.
boatboy - renting is a good option.
chief wigam said: ↑
I moved from Melbourne to Singapore when I now live and am looking into purchasing a unit in Vietnam. 70% iof the population is less than 35 years of age and they have made money and looking to park it into property. There are currently no mortgages in Vietnam but it is said there soon will be. Imagine what will happen to money flowing into the country when that happens. Many good reasons to look at Vietnam - the next China.Click to expand...
Dear Chief Wigam,
1. What are the current status for the Property Laws in Vietnam?
2. I believe that the basic land rights still belong to the "Peoples of Vietnam", since this is a Communist country and that foreign invesotrs can only owe the "rights to build on the land" at best, isn't it ?
3. How do foreigners go about owning properties in Vietnam?
4. Looking forward to learning further from you, please.
5. Thank you.