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Category Archive

Below you'll find a list of all posts that have been categorized as “Property & Mortgages”

property investment for Aussie Expats

The pros and cons of property investment for Aussie expats

Latest Update: 5th December 2019 – Unfortunately today the Federal Government passed the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 into law without amendment, resulting in the scrapping of the main residence exemption for non-resident Australian expats. To read more about …

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capital gains taxCGT Discountmortgagesreal estate
main residence exemption

Main residence exemption scrapped – Australian government lays siege to expat family homes

Latest Update: 5th December 2019 – Unfortunately today the Federal Government passed the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 into law without amendment, resulting in the scrapping of the main residence exemption for non-resident Australian expats. To read more about …

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capital gains taxmain residence exemption
stamp duty surcharge

New stamp duty surcharge for foreign purchases in NSW

Are you an expat planning a sea change to tranquil New South Wales? Before signing on the dotted line for your new property, ensure you are aware of the new stamp duty rules set out in the 2017-2018 State Budget. These recent stamp duty changes …

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NSWpropertystamp duty
stamp duty surcharge

New stamp duty surcharge for foreign purchases – NSW, QLD, SA, VIC

New South Wales, Queensland, South Australia and Victoria states have introduced a new stamp duty surcharge for foreign purchases. Properties in these states have seen consistent increases in prices through the decade. For this reason, expat investors are in a rush to purchase any property …

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foreign buyerForeign Investment Review BoardNSWQueenslandSouth Australiastamp dutyvictoria
land tax surcharge

Land tax surcharge introduced for foreign persons (VIC & NSW)

Victoria and New South Wales have recently introduced a range of land tax surcharges targeting foreign investors, both individual and corporate. The aim of the surcharges is to reduce the amount of property which is purchased and held by foreign investors, pushing prices up for …

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foreign personsland taxNSWpropertyvictoria
stamp duty surcharge

New stamp duty surcharges for foreign purchases in Queensland

A new stamp duty surcharge for foreign purchases of property in Queensland has recently been introduced by the Queensland government. But before we get into that, lets take a look at why Queensland is such an attractive destination for Australians and foreign purchasers alike. As …

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FIRBforeign buyerForeign Investment Review BoardQueenslandstamp duty
selling property in the UK

Selling property in the UK – beware the UK’s new non-resident CGT rules

Are you thinking of selling property in the UK? As an expat in Britain, you need to be aware of changes to the law which could see extra taxes levied against the profit your property sale produces. It is important to be aware of the …

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capital gains taxmain residencepropertyunited kingdom
Australian property

The power of property – investing in Australian property

Are you an expat searching for an investment opportunity? Are you looking for an investment which generates high returns in a politically stable environment? Stop searching – investing in Australian property could be your answer. With a land mass equal to the US and only …

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depreciationnegative gearingpropertyreturn on investment
land tax

Australian Taxes – the State (and Territories) of the Nation

Aussie expats need to keep a keen eye on State and Territory revenue concerns. An Australian income tax return is not the end of revenue reporting obligations if you’re an Australian expat with an interest in real estate back at home or if you’re thinking …

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land taxproperty
foreign resident capital gains withholding tax

How the changes to Foreign Resident Capital Gains Withholding Tax impacts expats

If you’re considering selling any Australian real estate, take some time to think about how the sale could impact your taxes particularly in light of recent tax changes introduced by the Australian federal government. If you’re an Australian expat that’s thinking about selling your property …

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budget updateforeign resident capital gains withholding taxmain residence exemptionnon-residents
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