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Stamp Duty Surcharge for Foreign Buyers: How Does it Work?

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The Victorian Government has enacted a Bill that implements a 3% stamp duty surcharge on foreign purchasers of residential property . The surcharge in practice: The 3 per cent surcharge will be calculated on top of the usual ...

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Foreign buyers to pay for FIRB approval

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The Federal Government has proposed introducing new laws which charge fees of at least $5,000 for foreign buyers of Australian residential real estate under $1m. Anything over $1m will incur an additional $10,000 fee for ...

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