With borders reopening, Australia is set to attract more Asians for immigration, education and investment amid Omicron anxiety.
The uncertainty brought about by the Covid pandemic has led many Asia-based investors to refocus towards mature and secure investment destinations, such as the UK and Australia.
Both destinations have traditionally been high up on the list of many Asians for education, investment and immigration.
International property investing, by nature, has additional layers compared to buying something in your ‘own backyard’.
There are additional considerations to be weighed on both the source country (buyer) as well as the destination country (property); and a change in either location affects demand and ultimately deal flow.
For example, the new cooling measures introduced in Singapore recently will lead to an increase in overseas property investments at the expense of local investments.