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Frequently Asked Questions

Here are some of the questions that we’re often asked and their answers. If you can’t see your question here, please don’t hesitate to contact us.

What does Australian Expat Loans do?

Australian Expat Loans specialises in helping Australian expatriates, temporary residents and foreign investors purchase and finance property in Australia. As specialists in this area, our services are designed to make the financing process quick, easy and painless.

How can you help Australian expats?

We can help Australian Expats by assisting you with all aspects of the purchase and financing process – ensuring you not only find the most suitable loan for your situation, but that it is structured effectively.

Although our core expertise is in finance, we are able to recommend allied professionals (e.g. accountants, buyer’s agents, solicitors, quantity surveyors etc.) in order to make the process of purchasing property quick and efficient.

How can you help temporary residents and foreign investors finance property in Australia?

Australia has certain laws that govern how temporary residents and foreign investors invest in property. Many lenders also have specific rules and policies regarding these categories of borrowers. Most mortgage brokers are not familiar with these laws and regulations because they don’t do a lot of work in this area.

As specialists in this area, Australian Expat Loans is very familiar with the relevant purchasing laws and lending policies, which makes it much easier for you to buy the property you want, quickly and easily.

How are you different from other mortgage brokers?

    • We specialise in arranging the right loans for Australian expats, temporary residents and foreign investors. Both the relevant laws and bank lending policies tend to be quite different and more complex than for standard resident purchases. We have invested a great deal of time and effort into becoming experts in this area so we can serve you better.
    • Our operations and processes are set up to make it as easy as possible to deal with us, even if you’re in another country or timezone. Access to services such as our 24-hour Banking Helpdesk, document translation services and rapid document exchange are just some of the ways we try to make the process easier for you.
    • We guarantee our performance to you in writing.

Why do you focus on expat and non-resident lending?

Expats, temporary residents and foreign investors are subject to a range of laws and lending policies which make obtaining finance more complex compared with starndard lending to residents. For this reason, many mortgage brokers try to avoid this area because the work is more complex, requires more expertise and more things can potentially go wrong.

Precisely because many other brokers shy away from this line of work, we have chosen to specialise in this area. We enjoy the challenging and technical nature of some of the work and have designed our whole business around making it as easy as possible for expats, temporary residents and foreign investors to buy property in Australia with a minimum of red tape.

Where are your clients based?

Our clients are based all over the world, with concentrations in the US, UK, Hong Kong, Singapore and Dubai.

What’s your philosophy when it comes to financing property?

We are great believers in properly planning the financing and purchase process before going ahead. Especially with respect to the tax treatment of property investment, setting up loan(s) with the incorrect structure can be a very costly mistake that is not easily undone. So it makes much more sense to plan properly and move forward with a plan that makes sense not only now, but in the future as well.

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Can you work in with my other advisors (e.g. accountants, financial planners, buyer’s agents)?

Absolutely. We are very used to working in with our clients’ advisors to deliver the best overall solution.

Are you able to recommend allied professionals or service providers?

Yes. We are happy to refer you to other professionals in our network whom we have vetted and are confident they will deliver for you.

How do you facilitate the exchange of documents across international borders?

Where physical document exchange is required, we typically use FedEx or a similar high-speed courier service.

Are you able to arrange translation of foreign language documents?

Yes. In certain cases, banks or other institutions require certified translations of foreign language documents. We are able to help facilitate this for you.

Why do you give away free information? What’s the catch?

We give away free information on effective financing strategies and common pitfalls to avoid, because so many expats and non-residents end up making expensive mistakes because they don’t have access to the right information. By putting the right information in your hands, you’re better equipped to get a good outcome. And if we can help facilitate that outcome, it’s a great result for all.

Who’s behind Australian Expat Loans?

The Principal of Australian Expat Loans is Andrew Krauksts. More detail on Andrew’s background can be found
here.
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How long have you been around?

Australian Expat Loans was established as a separate division of our business in 2010. Since 2003, we have serviced our target market under the Loan Management Centre brand.