Foreign Person Buying Property – QLD Stamp Duty

2023-06-28T12:38:48+10:00October 13th, 2021|Categories: Conveyancing, Gold Coast|Tags: , , , , , , |

In Queensland, foreign persons buying certain residential properties are subject to Additional Foreign Acquirer Duty (AFAD). The government introduced this payment to ensure foreign acquirers of residential property who benefit from government services and infrastructure also contribute to their delivery, the same as local buyers. *Note: for some New Zealand citizens, there are [...]