Global Trade Alert
Global Trade Alert

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2017

Revocation date:

No revocation date

Announced: 01 Jul 2017
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...
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