“.. A Total Solution for Property Investment ..”
Property Investment in AUSTRALIA
What We Are Here To Do Today • We Are Here to Profile our Business • We Are Here to Talk about What Services We Can Provide • We Are Here to Add to our Network of Investors • We Are Here to Provide Information on some of the Current rules of ‘Overseas Investment’ in Australia What We Are Not Here To Do Today! • We Are Not Here to Sell You Anything • We Are Not Here to Profess to Know What is Best for You • We Are Not Here to Tell You How To Invest – You Already Know How • We Are Not Here to Overload You with too Much Information
Who Is the ‘MiCasa Property Group’? The Business The ‘MiCasa Property Group’ commenced in 2012 and has developed its Brand and Business Model to service the diverse real estate market in Australia. In 2013, with already established contacts and expertise in Southeast Asia, continuous enquiries about investment in Australia prompted a decision to establish a business opportunity around how to better facilitate ‘foreign investment’ into Australia. In 2014 after several visits to Singapore a locally incorporated business ‘MiCasa Property Consultants Pte Ltd’ was established for the purposes of providing professional services to overseas investors looking to invest in Australian property.
Our Key People BRETT RAGUSE - Chairman Brett Raguse is a Director and Chairman of the MiCasa Property Group. Brett is Australian born and has worked and invested in various industries from Media to Education. He has Degrees and Qualifications in Business, Education and Real Estate. He is a former Member of the ‘Australian Parliament’ and has been involved in the Real Estate industry for 20 years. SHAUN CHINA – Director, Business Development Shaun China is a Director of the MiCasa Property Group with responsibilities for Business Development. Shaun is British born, but now an Australian Citizen who has had over 20 years experience in both Indonesia and Singapore. Shaun is a Marine Surveyor by Profession and has owned and managed successful businesses throughout Southeast Asia.
Our Key People MARLENE SIEIRA – Director, Agency Principal and Lending Marlene Sieira is a Director and the Principal of ‘MiCasa Realty’, the retail Agency business in Australia. Marlene is Australian born and has worked in the Real Estate, Banking and Finance industries for 20 years. Marlene has been a Senior Lending Manager with Westpac Bank and is a Registered Finance Broker with over 30 Financial Institutions in Australia including the ‘Top 4 Baled nks ’ and also ‘Non - Conforming Lenders’. MIRIAM NG – Director, ‘MiCasa Property Consultants’ Miriam is a Director of MiCasa Property Consultants in Singapore and is also a Graduate of ‘Building & Real Estate Management’. Miriam has more recently managed the training of Sales Teams and has also been on the board of a Brazilian company selling properties throughout SE Asia. Miriam is a KEO, in Singapore, and is well versed on the processes related to investing in ‘overseas’ markets.
HELEN CAMPOS – Director, ‘MiCasa Property Consultants Pte Ltd’ – Singapore Helen Campos is a Corporate Lawyer and Business Consultant running a successful Business Consultancy in Singapore. Helen is Singapore born and heads up the Singapore Office for MiCasa Property Group. Helen has qualifications in Law and Business and is a Executive of a number of Singapore business associations including the Chair of the Singapore Chambers of Commerce.
Providing Services for ‘Overseas Investors’ Into Australia INVESTMENT PRODUCTS • Housing and Land Packages on Freehold Allotments • Townhouse Developments – Freehold Strata Title • High Rise Unit Developments – Freehold Strata Title • Commercial Property • Land for Residential and Commercial Development Services provided through the MiCasa Property Group Specialist Brands:-
Providing Services for ‘Overseas Investors’ Into Australia PROPERTY ACQUISITION SERVICES • Legal Services. • Financial Services – Access to Lending Organisations. • Foreign Investment Review Board (FIRB) Documentation. • Accountancy Services in conjunction with:- • Australian Taxation Office (ATO) Rulings and Requirements. In Conjunction with our Local Partners in Singapore and Jakarta:-
FOREIGN INVESTMENT IN AUSTRALIA Stock of foreign direct investment, AU$ million
What Drives Foreign Investment in Australia? • Better Returns on Investment – Banks vs Property Return and Capital Growth. • Better Banking Options around high LVR (Loan to Valuation Ratios – at 70%). • Future Options for Permanent Residency (PR). • Options for future ‘Business Migration Visa’ and ‘Australian Citizenship’. • Strategic Property Investment for University Student Use (International Students). • Family Investment and Accommodation for Regular visits to Australia.
FOREIGN INVESTMENT IN AUSTRALIA Australia encourages foreign investment • In 2015 the Australian Government undertook reforms to strengthen the integrity of Australia’s foreign investment framework. • Foreign investment rules facilitate investment while giving assurance to the community that the national interest is being maintained. • Foreign investment rules don’t aim to stop investment.
FOREIGN INVESTMENT IN AUSTRALIA The foreign investment application – Real Estate • Foreign investors should make an application if they have any doubt as to whether an investment is notifiable. • A transaction should not proceed until the Government advises the foreign investor of the outcome of their application. • Foreign investors should lodge an application in advance of any real estate transaction, or should make their purchase contract conditional on foreign investment approval.
The foreign investment application – Real Estate New Dwellings • Applications for new dwellings and vacant land for development are usually approved. • Vacant land is subject to construction being completed within four years. • Land that has previously had an established dwelling on it would generally not be considered vacant land.
Purchasing Property on Behalf of a Foreign Person or Entity FIRB approval is required for all foreign purchase proposals including where:- • Property is beneficially held for a foreign person. • A Corporation or Trustee in which a foreign person holds a substantial interest of 20% or more. • A Corporation or Trustee in which 2 or more foreign persons hold an aggregate substantial interest of 40% or more. • A foreign Government is involved.
Brisbane Investment Environment “ A safe and sure investment” • Dun & Bradstreet Global Risk Indicator rates AUSTRALIA as one of the safest countries in the world for investment. (Source: Dun & Bradstreet, Insight - Issue 2). The Queensland Economy - Proven performance • During the worst of the global financial crisis, Australia maintained strong growth, outpacing all other advanced economies and securing a 22nd consecutive year of recession-free growth in 2013. • The QUEENSLAND economy has consistently demonstrated above-average growth, growing at an average annual rate of 4 per cent over the past decade, 1 per cent above the Australian average (Source: ABS, Australian National Accounts: State Accounts 2012-13). • With continued strong demand for its natural resources from emerging Asia, Australia is in an enviable position. • The Queensland economy is expected to grow 6 per cent in 2015-16 (Source:Queensland Treasury and Trade, State Budget Mid-Year Fiscal and Economic Review).
Brisbane City High Rise Apartments
It’s a Piece of ‘PIE’ – The Growth Drivers
POPULATION GROWTH • “Australia’s Biggest Migration Boom in History!” • “A Mini Baby Boom!” • “Forecast to create a population of 35 million by 2050.” (Australian Property Investor) “Australia needs to build 6 million new dwellings over the next 50 years.” (Shane Goodwin – (HIA) Housing Industry Association)
Australian Population Growth • Australia has always experienced a shortage of housing (rental properties). • The shortfall is what drives the Australian government to encourage ‘foreign investment’. • The Foreign Investment Review Board (FIRB) has been strengthened to better facilitate the integrity of Foreign Investment.
Population Growth Projections Australia’s Population is Growing at its Fastest Rate in History! • Current Australian population of 23,000,000 • Growth rate 2.1% per annum (double world growth of 1.1%) which Includes:- • 297,400 Permanent Migrants • 154,000 Natural through Natural Increase Official TOTAL Growth of 450,000 per annum But, what the statistics DON’T say….
Official Growth Rate doesn’t include: • 71,000 temporary visas • 112,000 working visas • 190,000 student visas An extra 373,000 on Official Numbers All requiring rental (or purchased) Property
Where are the Hotspots?
Queensland’s Population Growth Comparative
Where in Queensland? Southeast Queensland – (Sunshine Coast, Brisbane City, Logan City, Ipswich City and Gold Coast City) Queensland Sunshine Coast Brisbane Logan Ipswich New South Wales Gold Coast Sydney 1000 Klms – South Melbourne 2000 Klms - South
South East Queensland – Brisbane Projections
Demand and Timing
Recommend
More recommend
