At a glance
- CurrencyUSD. Top tier on broker lists.
- Tax treaty with AustraliaYes. A double tax agreement has been in force since 1983, and Australia has a FATCA agreement with the US.
- Moving money outWe found no country-specific limit to flag. Check your own country’s rules before you transfer.
How lenders see income from United States
The US dollar is in the top tier on broker currency lists. As with the UK, the bigger driver is whether you are an Australian citizen or permanent resident living in the US, or a US national with no Australian status.
The percentage of income counted, the loan size and the deposit all depend on your status as well as your currency. See Australians overseas, foreign nationals and how foreign income is counted.
Tax
US citizens are taxed on worldwide income wherever they live, so Australian rent and any gain on sale are reportable to the IRS whatever the ATO charges. The treaty and the foreign tax credit manage the overlap, and foreign bank accounts above the threshold are reportable on FBAR. Talk to a US adviser who knows Australian property before you buy.
The general rules for overseas owners are on our tax page.
A roadmap for a buyer living in United States
Free, on screen straight away: the documents, cash, timeline and tax points for your situation. Get your loan roadmap.
Frequently asked questions
Will Australian lenders accept USD income?
The US dollar is in the top tier on broker currency lists. As with the UK, the bigger driver is whether you are an Australian citizen or permanent resident living in the US, or a US national with no Australian status.
Does Australia have a tax treaty with United States?
Yes. A double tax agreement has been in force since 1983, and Australia has a FATCA agreement with the US.
Sources
- IRS: US citizens and resident aliens abroad
- Odin Mortgage: Australian expat home loans (broker page)
- Home Loan Experts: Foreign income home loans (broker page)
- Treasury: Income tax treaties
Checked 7 October 2026. Broker figures are indicative.
Expat Finance is an independent guide. It is not a lender, mortgage broker or credit provider, it does not hold an Australian credit licence, and it does not give credit, legal, tax or migration advice. It is not affiliated with any bank, the ATO or the Foreign Investment Review Board. General information only, not legal, tax, migration or financial advice.