FOREIGN PROPERTY INVESTORS: 5 YEARS OF TAX AND DUTY CHANGES

By Andrew Henshaw, Director, Velocity Legal

Property investment in Australia has boomed in recent years. One driver behind the boom is investment by ‘foreigners’. Over the past five years, Federal and State governments have introduced a series of measures to impose greater amounts of tax on ‘foreigners’.

With the 2017-18 Federal Budget to be handed down on 9 May 2017 (potentially including more changes), this article looks at some of tax changes made over the past five years that target ‘foreigners’.

Insight Authors…

ANDREW HENSHAW

Director

Andrew specialises in difficult tax disputes and complex tax advice. He is passionate about getting wins for his clients, solving difficult legal issues and giving clear practical advice.

Andrew acts for a diverse range of private businesses, high net-wealth individuals and family groups. Andrew has been a Director of Velocity Legal since the firm was founded in 2016, and established Velocity Legal’s Sydney practice in 2019.

0421 219 553  •  VIEW DETAILED PROFILE  •  READ ALL OF ANDREW'S ARTICLES

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Level 49, 360 Elizabeth Street,
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Level 10, 580 George Street,
Sydney NSW 2000

Level 49, 360 Elizabeth Street,
Melbourne VIC 3000

Level 10, 580 George Street,
Sydney NSW 2000

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