Are you an expat planning a sea change to tranquil New South Wales? Before signing on the dotted line for your new property, ensure you are aware of the new stamp duty rules set out in the 2017-2018 State Budget. These recent stamp duty changes …
New stamp duty surcharge for foreign purchases – NSW, QLD, SA, VIC
New South Wales, Queensland, South Australia and Victoria states have introduced a new stamp duty surcharge for foreign purchases. Properties in these states have seen consistent increases in prices through the decade. For this reason, expat investors are in a rush to purchase any property …
Land tax surcharge introduced for foreign persons (VIC & NSW)
Victoria and New South Wales have recently introduced a range of land tax surcharges targeting foreign investors, both individual and corporate. The aim of the surcharges is to reduce the amount of property which is purchased and held by foreign investors, pushing prices up for …
