Thanks Nigel,So in the case of Texas for example, are you saying that if the property is worth $100k, then the property tax is approx 3% per annum of the 100k, i.e. $3000 a year?ThanksGreg Coglan

I wouldn't invest in China. I spoke to a Chinese person here about this, and they said yeah sure go ahead and buy a property, and the next minute the Chinese government (typical communist behaviour they said)  will take it away. Agree with previous post, because of what I said thats why the chinese would prefer to buy in Oz, or the US.

I have heard that US banks will assess you on your servicebility and see where your income is coming from, and what loans you have. So yes they will take into account Australian loans.

Also it is hard for foreigners to get loans in the US under their name directly as you are not a US citizen, but there is a way around it. You can set up a LLC…[Read more]

Hi Liz,

What Southern suburbs are you referring to?

Thanks
Greg

Hi All,

I have been receiving a few enquiries about this, and I have to apologise for a real big mistake on my part. The developments are not in Palmerston but in Hamilton as I was stand corrected by my friend who is running these developments.

Thanks
Greg Coglan