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 …