Borrowing money from overseas to purchase in Australia

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1 total messages Started by McHenry Mon, 10 Mar 2008 04:14

#56

Author: McHenry
Date: Mon, 10 Mar 2008 04:14

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I am looking to finance a AUD $12M real estate purchase in Australia and 
was wondering if I am restricted to obtaining finance from an Australian 
Bank?

I live in Australia and have both Australian and British citizenship.

Australian interest rates are closing in on 10% however US interest rates 
are considerably lower so the obvious question is how does one benefit 
from the lower interest rates available overseas?

Thanks in advance...

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