Hello Linksuph,

Here are some responses to your inquiries on offshore real estate investments:

Finance: You can obtain finance in either Australia or the country of your choice. It often depends on your preferences, relationships with banks, and the specific country’s lending regulations. The lending capacity may vary but generally ranges from 70% to 80%.

CGT (Capital Gains Tax): CGT is typically payable in the country where the property is located upon selling. Whether you bring the money into Australia or leave it overseas, you may still have CGT obligations in the property’s country. Consult a tax expert to understand your situation and potential double taxation agreements.

Inspections and Tax: You can unlikely claim travel expenses for inspecting an overseas investment property. However, discussing this with your accountant upon your return is best.

First Home Buyers Scheme: The eligibility for the scheme in Australia may vary depending on your circumstances. Owning several international investment properties could affect your eligibility, so consult with relevant authorities or experts for a clear answer.

Nerves: Feeling anxious about the first big step in property investment is natural. With experience and knowledge, this feeling often subsides as you become more familiar with the process and the markets you’re involved in.

Remember to conduct thorough research and seek advice from professionals with expertise in international property investment to make informed decisions. Best of luck with your investment journey, and have a great New Year!