I am an Australian Citizen living overseas considering purchasing a property in Australia. Partially, for investment, but also because I may be returning to Australia in the future. From my reading on sommersoft and online in general I understand there are potential financial consequences to investing overseas, such as owing capital gains tax to ATO for any foreign properties and tax consequences of wiring savings into Australia. I have many questions, but my current one is related to property financing. Does anyone know if it is possible for foreign buyers to purchase Australian properties with financing from a foreign bank? Avoiding the need to transfer downpayment into australia. I am happy to pay my legal tax responsibilities; I just do not want to inadvertently increase my tax responsibilities due to lack of planning. Side note: I am considering moving USD to AUD through a HSBC or citibank international account for the down payment to take advantage of current exchange rate. Maybe I could finance australian property through either HSBC or citibank... If anyone has any experience or resources that might apply to my situation I would appreciate it.