A BRIEF GUIDE TO AUSTRALIAN HOME LOANS

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1 A BRIEF GUIDE TO AUSTRALIAN HOME LOANS FOR EXPATS & NON RESIDENTS Investing in the Australian property market is a smart move for many expats and non-residents. With its very stable economy, well established growth record and secure political status, Australia is considered a prime location for those with capital to invest in a new home, buy to let property or burgeoning new development. As leading full service brokers, focusing exclusively on the expatriate and overseas investor mortgage market, Liquid Expat can help you find and secure the best Australian mortgage deal for your needs. To help you understand the basic information, requirements and some of the complex legal red tape involved in obtaining an Australian mortgage, we've put together this simple guide to outline the important areas to consider. Liquid Expat's reliable, efficient professional services are there to ensure that you get the best advice and support from initial enquiry through to a successful mortgage agreement. Who can buy property in Australia? Investors looking to buy property in Australia should be aware that you may need to obtain approval from the Foreign Investment Review Board (FIRB). This Australian government department assesses all applications from overseas investors and imposes certain restrictions on the type of property you may purchase, either to live in, rent out or invest in.

2 Key Points: All foreign investors (i.e. anyone who isn't an Australian permanent resident) must obtain approval from the FIRB. In addition, you may only invest in new property or vacant land which will be used to build a new property. Overseas investors, without an Australian visa, are not allowed to purchase established properties for investment. You may purchase a new property in your own name and then rent this to your child, if that child is on a temporary visa. The above regulations only apply to overseas investors who live outside of Australia. Those resident in Australia on temporary visas also need FIRB approval. Australian and New Zealand citizens, expats and those who have a permanent residency visa do not need approval from the FIRB. Liquid expat's dedicated consultants can advise you on what FIRB regulations apply to your personal circumstances.

3 How much can I borrow and over how long? Our specialist mortgage services include the widest choice of potential lenders for Australian expat and non-resident mortgages. These include exclusive deals offering highly competitive rates and mortgage terms. Through Liquid Expat's network of credit partners and a dedicated licensed Australian Coordination centre, we can offer you attractive mortgage products due to our ability to negotiate exclusive deals through our global buying power. Interest rates, Loan To Value (LTV) ratio and the most competitive available terms will depend on your individual circumstances. However, typically we can arrange very competitive rates for LTV's of up to 80% for non-resident applications (for example, a British resident in Hong Kong) or up to 90% for Australian expat applicants. Liquid Expat will be pleased to provide more exact figures and options dependent upon your particular situation and financial position. Example table for typical Australian expat / overseas mortgage interest rates and LTV highlights through Liquid Expat Australian resident Australian expat Migrant in Australia Interest rates starting from MAX lending ratio MAX loan term Income verification Government FIRB requirement 3.99% 90% 40 years 2 x payslips No 4.10% 90% 30 years 3 months No salary credits 3.99% 85% 30 years 2 x payslips Yes Non-resident Rates and terms current as at 01/03/ % 80% 30 years 3 months Yes salary credits

4 What are the key benefits Liquid Expat can offer me? Specialist knowledge and global buying power in the expat mortgage market means we can offer you the best deals from a panel of up to 30 leading Australian providers. Seamless support from our network of global offices. Our dedicated Liquid Consultants, situated locally and at our licensed Australian co-ordination centre, will ensure your application progresses smoothly from start to finish. Global reach and local knowledge with offices based in Manchester and London, as well as cities across the world including Dubai, Abu Dhabi, Cape Town, Johannesburg, Hong Kong, Shanghai and Brisbane. FREE online specialist Mortgage Quotation Service - including pre-approval indicators. Access to our value added expat mortgage services is available for a competitively priced fixed fee (further charges upon issue of a mortgage offer), including: Comprehensive investigation and sourcing of the most competitive mortgage product for your individual circumstances from our extensive panel of leading Australian providers. Expert assistance and brokerage services with your mortgage application, including liaising with the mortgage provider. FREE valuation of your prospective Australian property, as well as on-site presence at valuation inspections and discussions at the property. Dealing direct with your nominated solicitors, as well as assisting in the setting up of the necessary Power Of Attorney. (Highly recommended, this is an additional charge by a local lawyer who can process the application on your behalf - thereby removing the delays and problems of overseas postage or visits to Australian embassy offices). To unlock your best deal for Australian overseas mortgage services or call Liquid Expat now on +44 (0) Lines are open 24/7

5 Disclaimer: Liquid Expat and Liquid Expat Mortgages are the trading styles of Complete Ltd. Complete Ltd is a Company registered in Hong Kong located at Suite , Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong, Company No Complete Ltd is not a lender, provider of advice or financial services. Complete Ltd only provides introductions to financial services in respect of products and services for Australian credit that are regulated and this is to either a company that holds an Australian Financial Services License and Australian Credit License, or to offshore lenders. Your home may be repossessed if you do not keep up payments on a mortgage or any debt secured against it.