Here's something I hadnt previously considered...
Is it possible (as a Brit/ Aus dual citizen - been in Aus 4 years) that I could get a UK mortgage and invest in a CF+ IP over there? I see this as an attractive option since prices there dropped a lot with the GFC and also my AUD$ deposit will go a long way due to the good exchange rates. Plus low interest rates...
Would I need to have a UK income to get a mortgage?
What are the tax implications?
Has anyone else done this?
Interested to hear....
Is it possible (as a Brit/ Aus dual citizen - been in Aus 4 years) that I could get a UK mortgage and invest in a CF+ IP over there? I see this as an attractive option since prices there dropped a lot with the GFC and also my AUD$ deposit will go a long way due to the good exchange rates. Plus low interest rates...
Would I need to have a UK income to get a mortgage?
What are the tax implications?
Has anyone else done this?
Interested to hear....