Changes impacting foreign buyers

If you are, please note that the days of no cost applications to Australia’s Foreign Investment Review Board (FIRB) are gone.  From 1 December 2015, the following fees apply when seeking FIRB transaction approval: Residential property valued under AUD1 million: fee of AUD5,000. Residential property valued over AUD1 million: fee of AUD10,000 (the fee increases … Continue reading Changes impacting foreign buyers