The Australian Government has a policy of welcoming foreign investment, recognising that it provides capital for economic growth, creates employment opportunities, improves consumer choice and promotes healthy competition.
The Foreign Investment Review Board (FIRB) administers applications made by foreign investors for the acquisition of foreign assets. The Australian Government welcomes foreign investment. It helps provide capital for economic growth, creates employment opportunities, improves consumer choice and promotes healthy competition.
Our team can provide detailed and commercial advice to foreign investors on the operation of the foreign ownership regime. We regularly apply on behalf of our clients for various applications from simple acquisitions relating to residential dwellings to the more complex applications relating to exemption certificates and acquiring Australian entities. A key part of our practice in this area is assisting Australian clients looking to market to foreign investors.