Increased duty and fees payable by foreign buyers of residential property in NSW

As a result of changes introduced in the 2017 Budget, for agreements entered into for the purchase of residential real estate on or after 1 July 2017, the purchaser duty surcharge rate has increased from 4 per cent to 8 per cent. The surcharge is in addition to the duty payable on the purchase of residential … Continue reading Increased duty and fees payable by foreign buyers of residential property in NSW