Can I buy NSW property on a 482 visa?

Yes — 482 holders can buy. 20% deposit typical. FIRB needed for established; not new.

Do I need FIRB approval to buy?

PR/citizens no. Temp visa holders typically yes for established homes.

Can I use the First Home Guarantee on a 482 visa?

No — FHB Guarantee requires citizen or PR. 482 not eligible.

I'm on student visa nearing graduation. Should I wait for PR?

Usually yes — PR opens FHB schemes, more lenders, lower deposit options.

My partner is on PR but I'm on 482. How does joint application work?

PR partner's status determines FIRB. FHB Guarantee may apply via PR partner.

Bangladeshi Visa Refinancing

Who this guide is for

Bangladeshi visa holders in NSW — 482, 491, 189, 190, 187, student visa with PR pathway — wanting to know what property they can buy.

482 visa Bangladeshi IT/healthcare professionals
491 regional visa Bangladeshi skilled workers
Bangladeshi student visa holders nearing PR
Bangladeshi families on partner visas (820, 309)

The local picture

Visa-holder property purchase has FIRB rules, lender restrictions, and varying eligibility for FHB schemes. Many Bangladeshi visa holders don't know what they can actually do.

How Mortgagefy helps locally

Mortgagefy explains the rules per visa subclass — what FIRB requires, which lenders accept your visa, what deposit you'll need. Bengali support throughout.

Free advice.

How it works — 4 simple steps

Free visa chat

20-minute call (Bengali) about your visa subclass and target property.

Confirm FIRB requirements

We confirm whether FIRB approval is needed for your situation.

Compare lender options

We identify lenders that accept your specific visa subclass.

Settle in NSW

You move in with proper structure in place.

Frequently asked questions

We use offer letters and vesting schedules to value RSUs conservatively. We present current vesting value + projected future vesting as a 3-5 year income average. This gives lenders confidence in your income stability while accounting for market volatility.

Both. We work with W2 employees, 1099 contractors, and consultants. For contractors, we use 2 years of tax returns plus business financials. We have lenders who specialise in contractor income—they understand the variability.

Unvested options have zero value for refinancing. We count only vested equity. If you have a 4-year vest, we use 25% of the grant value (what's vested) plus a conservative projection of future vesting.

If you've been in your new role 6+ months, most lenders will refinance. We'll use your offer letter plus 6 months of pay stubs. If less than 6 months, it's harder but possible with specialist lenders.

Yes, if you have 2+ years of bonus history. We average the past 2 years and present it conservatively. Some bonuses get counted at 50% to be conservative with variable compensation.

ESPP is counted as deferred compensation. If your company matches or you have a discount, we value it as part of total compensation package.

Talk to us about Bangladeshi visa property purchase

Free 20-minute call with Bengali support.

Start Your Free Assessment Call 0432 634 648

Get your personalised answer in 2 minutes

Free, no obligation. We'll match you with the right lender for your situation.

Visa subclass pathways for Bangladeshi buyers in NSW

The visa you hold determines which lenders will look at you, what FIRB approval costs, and what deposit you need. Here's the practical breakdown for the most common subclasses among Bangladeshi families in NSW:

482 (TSS) — sponsored work visa

Most major banks decline 482 outright. Specialist and second-tier lenders accept it with 12+ months remaining on the visa, stable employment, and 20–30% deposit. Common for IT contractors, healthcare workers and engineers from Bangladesh.

186 / 187 — employer-sponsored permanent

Treated almost like permanent residents by most major lenders. Standard deposit (5–20% with FHB Guarantee or LMI) and rate parity. The strongest pathway short of citizenship.

491 / 494 — regional sponsored

Strong PR pathway. Some lenders treat 491 like a PR visa, others apply the visa-holder rule set. We model both and pick the lender that's most generous on serviceability.

820 / 309 — partner visas

Many lenders accept partner visa holders, especially when the Australian partner is a co-borrower. Most Bangladeshi spouse-visa applicants we work with end up on this joint structure.

Bridging visas (BVA, BVB)

The hardest case. A small number of specialist lenders consider bridging visa applicants if the substantive visa application has good standing and there's strong income evidence. We'll tell you upfront if it's workable.

FIRB — when does it apply?

Most temporary visa holders need Foreign Investment Review Board (FIRB) approval before purchase. The application fee is currently around $14,700 for established residential property under $1M and scales up for higher-value purchases. Permanent residents and citizens generally don't need FIRB.

FIRB approval typically takes 30–40 days. We coordinate the FIRB application alongside the loan, so settlement isn't delayed. The FIRB rules also restrict what type of property a temporary visa holder can buy — usually new dwellings or vacant land for new construction; some established properties are OK with conditions.

Bangladeshi-specific tips we see work

Bengali-language support: We handle conversations in Bengali for parents and family members involved in deposit decisions — common in Bangladeshi family structures where multiple generations contribute.
Remittance income: Some specialist lenders accept overseas-source income from Bangladesh businesses if there's a 12+ month banking trail. See our remittance income guide.
Family pooled deposits: Common in Bangladeshi families. We document gift letters, settle funds 3+ months pre-application, and prep AML/CTF responses.
Lakemba / Wiley Park / Punchbowl property focus: Most of our Bangladeshi visa-holder clients buy in these suburbs for community proximity. The price ranges fit FHB Guarantee caps and FIRB rules where applicable.

Related Bangladeshi guides

Visa Holder Home Loans Bengali-Speaking Broker Bangladeshi First Home Buyer Bangladeshi Lakemba Islamic Finance Borrowing calculators

Model your scenarios: Use our free home loan calculators to estimate borrowing capacity, repayments, and savings.

Can a Bangladeshi Visa Holder Buy Property in NSW?