Australia: New South Wales set a land tax surcharge for foreign investors

Announcement

01 Jul 2017

The Government of New South Wales increased the foreign investor transfer duty surcharge in real estate purchases.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jul 2017

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On June 22, 2017, the regional government of New South Wales passed the 2017-18 Budget doubling the surcharge paid by foreign investors when purchasing a real estate property. The new stamp duty has i...

Related State Acts

12 Dec 2017

Australia: South Australia surcharges on foreign owners of residential real estate

29 May 2019

Australia: Victoria increases land tax surcharges for foreigners

19 Jun 2019

Australia: Queensland increases foreign land tax surcharge

Threads

See all

This state act is not part of any Thread yet.