“We came for two years and have been here for five, ten, twelve years”
Sound familiar?
Moving to Singapore has enriching experiences living as an expat. A safe place with a melting pot of cultures, efficient ability to travel (thanks to Changi Airport), booming economic growth and tax benefits attracting businesses that accelerate career growth, tend to make it easier to settle in for longer than originally planned.
With the years moving fast in Singapore and its tendency to be a transient place, it’s important to make every year count towards your future.
And what we mean by that is financial security, which understandably means different things to different people. Maybe it’s early retirement, family vacations, world-class education for your kids, and secure future for them.
Property as a Plan
Investing in Australian property has always been a big part of financial planning for families. Balancing long-term, or dream-home, homeownership with strategic investment is key. Recent Australin Bureau of Statistics (ABS data) shows a 3.5% drop in dwellings built, continuing a housing supply shortage. While this challenges builders, it can boost property values and rental yields for investors.
Overall, Australia has consistent, stable property growth. With the right strategy and partners, Australian property can be a powerful tool to achieve your financial goals, making your time in Singapore count.
The Challenge: Complex and Time Consuming
Navigating the property market while living overseas is tricky. Securing finances as a non-resident, knowing the tax implications and understanding the ever-changing property market and its opportunities are some of the challenges investors face. There’s a lot of opinions and noise about where and what to buy and it’s difficult to know who to trust.
If you are following the Australian market, you know that property prices continue to rise, causing more uncertainty of when (and if) you should invest.
How much will banks loan non-resident/foreign investors? What areas should I be looking to buy in? How do I know it’s good value? I already have a property in Australia, should I, can I, get another one? Do we buy in our names or in a trust? Who can we trust? Where do we go?
These are just some of the questions we get asked constantly.
Streamlining the Experience
Property NXT is an independent, Singapore-based team that starts the property investment journey with a people-first approach, first we Spark the Conversation to understand your needs and capabilities, then we strategically craft with you a profitable property investment plan that sets you and your family up for success.
We unlock access to our trusted partners throughout the buying journey, from securing the loan, finding the right property (whether residential or commercial) all the way through to settlement and property management.
