Overview of FIRB Rules for Foreign Buyers in 2026

Australia’s Foreign Investment Review Board (FIRB) oversees foreign purchases of residential property. In 2026, foreign buyers must obtain FIRB approval before acquiring certain property interests. The rules apply to non-residents and temporary residents, with specific conditions depending on the property type and buyer’s status.

Application Fees

FIRB charges application fees for foreign investment proposals. The fee amount varies based on the value of the property being acquired. For residential property, the fee is calculated as a percentage of the property price, with a minimum fee applicable. Higher-value properties attract higher fees. The exact fee schedule is set by the Australian government and may be adjusted annually.

Foreign buyer reviewing FIRB property application documents in Australia

Approval Process

The approval process involves submitting an application to FIRB, which assesses the proposal against national interest criteria. The process includes:

  • Submitting the application form and supporting documents.
  • Paying the required application fee.
  • FIRB reviewing the application, which may involve additional information requests.
  • Receiving a decision, typically within 30 days for standard applications, though complex cases may take longer.

Approval is granted if the purchase is not contrary to the national interest. Conditions may be imposed on the approval, such as requiring the property to be used as a principal place of residence or to be sold if the buyer ceases to be a resident.

Common Reasons for Rejection

FIRB may reject an application for several reasons, including:

Australian residential property with a sign indicating foreign investment approval

  • The property is not considered to be in the national interest.
  • The buyer fails to meet residency or visa requirements.
  • The purchase would result in a concentration of foreign ownership in a particular area.
  • The buyer does not comply with conditions attached to a previous approval.
  • The application is incomplete or contains inaccurate information.

Getting Help with Your Application

Navigating FIRB rules can be complex. Arrivau offers an Australia property information and service entry point, providing guidance for foreign buyers and expatriates. Arrivau is positioned as a loan and property brand entry point for Australian Chinese and English-speaking users, helping you understand the process and connect with relevant services. For more detailed guidance, consider consulting a professional advisor or using Arrivau’s resources to ensure your application meets all requirements.