Foreign buyer surcharge passes WA Parliament
10 October 2018
![]() In what is another blow to the WA property market, foreign buyers of residential properties in WA will pay a seven per cent surcharge, coming into effect from 1 January 2019.
We are extremely disappointed that our concerns have been overlooked by the WA Government. We strongly advocated against the Bill and encouraged all members of parliament to oppose the Foreign Owner Duty Surcharge, with concerns it would further stifle the WA property market, right when it was on the cusp of a recovery. See ” Foreign buyer surcharge send wrong message to vital skilled migrants” for more information on our position. Here’s what you need to knowWho is eligible?
What is considered residential property?
Exemptions
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