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Buying Residential Real Estate as a Foreign Person in Australia
To begin with, a foreign person may only enter the Australian property market if their entry adds to the market—helping to support Australia’s economic growth. Therefore, the Australian government allows foreign persons to purchase only new dwellings and vacant land for development. Who needs to apply? Both foreign residents and non-residents must apply for foreign...
A Guide to Stamp Duty for First Home Buyers
Looking to buy your first home? Here’s everything you need to know about Stamp Duty. What is Stamp Duty? Stamp duty (also known as transfer duty) is a tax charged for the registered transfer of property by the State government. In Queensland, this is managed by the Office of State Revenue (OSR). Stamp duty can...
Cryptocurrency – Initial Coin Offerings (ICOs) and Australian...
There is a lot of confusion and mystery surrounding cryptocurrency, not least amongst the general public but also potential investors. Add to this a lot of hype and excitement amongst IT professionals. Certainly, cryptocurrency holds a lot of potential and an exciting promise of taking international monetary exchange out of the hands of traditional financial...