Hey dominick,

Wouldn?t it be nice to have these rates available to us. I can share a little on this topic as my business partner and I did in fact go through the process to take out a euro based loan for Australian property. Basically this is what I discovered.

A- You need to be earning an income in that particular currency and
B- Need to be a citizen

The only reason I was able to take advantage of the opportunity was because my business partner was living in Europe earning euro dollars and has a dual citizenship. Because we were jointly purchasing, I was able to benefit from the loan.

As far as withholding tax it was 10% in this scenario. Other things to be aware of though was that they only give you a 70% LTV so you are required to provide a 30% deposit.