Global Power | Local Knowledge | Uniquely Personal

Indian holidaymakers starting to favour Australia

A slew of Indian travellers to Australia could see them become important investors.
Indian buyers could become important players in the property market in the future as a growing number are already starting to come to the nation on holiday, it has been revealed.

In recent years, buyers from the nation have been the biggest housing spenders in Dubai after it became a popular tourist destination, impressing those who visited.

And this could become a reality in Australia as well, after it was revealed that there were a record number of Indian nationals coming to the nation in the financial year just gone.

Patrick Suckling, Australia’s High Commissioner to India, said that in the financial year 2013-2014, Australia issued 100,000 visas to Indian people, more than it has ever done in the past.

It meant that the number of tourists coming to the nation from India grew by some 10.3 per cent in the year, which allowed India to become Australia's 11th biggest tourist market. 

Posted by Craig Francis

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact

Subscribe Now