Juwai IQI Resident Australian Company Lily Chong, the person in charge and agent of Perth real estate, said that foreign buyers have begun to prepare for investment in real estate after the epidemic is over and the border is reopened.
“Due to the impact of the epidemic, most foreign buyers are not aware of these preferential policies. When we explained to them, their eyes opened wide, and they all rushed to let us complete the transaction before the deadline expired.”
The Western Australian government has the most generous preferential policies for foreign buyers. Foreign buyers who purchase off-the-plan properties can apply for a refund of up to 75% of the stamp duty from the government, up to a maximum of 5 Australian dollars.
Victoria The land transfer tax exemption program can exempt foreign buyers up to A$2.75 in tax.
For the full story, read on: Huaglad
