Posts Tagged ‘tax on foreign investors’
Non-Resident Property Owners Face New Challenges in Australian Real Estate
Non-resident property owners in Australia are bracing for significant changes in the real estate landscape come January 1, 2025. These changes will introduce new surcharges and increased tax rates that could dramatically impact the financial viability of overseas investments. We were again featured in The Sun newspaper (Malaysia) alongside our expert partners. Please read the…
Read MoreVictorian Stamp Duty Reduction: A Golden Opportunity for Foreign Property Buyers?
The Victorian Government has made a bold move to revitalize its property market by announcing a substantial reduction in Victorian stamp duty for off-the-plan apartments, units, and townhouses. This development has captured the attention of foreign property buyers worldwide, as it could significantly reduce the upfront costs of investing in Victorian real estate. This temporary…
Read MoreWhat Are the New Foreign Investor Tax Rules in Australia?
Are you a foreign investor in Australian property? If so, it is imperative that you understand your tax obligations in Australia to avoid penalties and unnecessary high tax debt. From JANUARY 1st, 2025, the Australian Tax Office (ATO) is expected to announce big changes on withholding tax that will affect all overseas investors. This article…
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