Foreign Buyer Stamp Duty + FIRB Calculator

Q1. Can foreign buyers purchase property in Australia?
Yes, but generally only new dwellings, off-plan properties, or vacant land. Foreigners cannot usually buy established (second-hand) homes unless specific exemptions apply.

Q2. Do foreign buyers need FIRB approval?
Yes. The Foreign Investment Review Board (FIRB) must approve most property purchase by non-residents or temporary residents before settlement.

Q3. What is FIRB application fee?
If you are a foreign person buying or investing in residential property in Australia, you must pay a assessment fee to the Foreign Investment Review Board.

Q4. What is the foreign buyer stamp duty surcharge?
Most states charge surcharge fee on top of normal stamp duty .

Q5. Do all states charge a foreign buyer surcharge?
No. NSW, VIC, QLD, SA, WA, and TAS charge surcharges. ACT and NT currently do not charge surcharge.

Q6. Can foreign buyers buy commercial property?
Yes, in many cases foreign buyers can invest in commercial property, but FIRB approval is still required.

Q7. Can a foreign buyer purchase property through an Australian company or trust?
Yes. But even if buying or invest through a company or trust, FIRB approval is usually required if foreign persons hold a significant interest. Check with your specialists.

Q8. Are FIRB fees refundable if my purchase does not proceed?
No. FIRB application fees are generally non-refundable, even if you withdraw or the purchase falls through .

Q9. What are the ongoing costs for foreign property owners in Australia?
In addition to stamp duty and FIRB fees, foreign owners may have to pay annual land tax surcharges in some state, plus normal rates, maintenance, and compliance costs .