expats to boost aust property market, page-11

  1. 22,698 Posts.
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    Chris, do you honestly think that all expats are unemployed if they come home? For one, they could be cashed up? They could be very employable, even if it weren't in the finance industry. Another, could be that they have transfered. My guess is that most of the expat enquiries would be from expats who are staying overseas and not coming home. We get some great tax breaks if we own property. Basically, we come home after years of being away and we don't have to pay tax, provided we have a house/houses as investments. There are many advantages for those who want to buy. Falling $$$, falling rates and a flat market. naturally, providing you think the housing market has growth left in it. Everyone is divided on that one. Each to his/her own i suppose. I am by no means a property bull. I am just stating the facts for an expat.
 
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