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Originally Posted by bharat
Hi all,
Do the rules of negative gearing apply to Australian residents buying property overseas? I am an Australian citizen of Indian origin. I would like to buy property in India. I wish to get the loan from an international bank such as HSBC, Citibank etc which is present both in India and Australia. Of course the catch is if negative gearing would still apply to myself. Where can I get clarification regarding this from? Is this possible? I would rent out the property in India of course.
Thanks in advance
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Navi Mumbai is fast growing city near mumbai. We suggest you to invest here
and buy property and later mortgage it to get a loan from any International bank
HSBC , CITI Bank etc. Please give your plan for investment. Remeshnk