There are many situations where you might be required to transfer land. This could be giving the property as a gift to your children, setting up a trust or company for tax benefits or there has been a breakdown in your relationship. This article will assist you through the process, to ensure the transfer goes...
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...
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...