IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2018 | Removal date: open ended
Still in force

Post-migration treatment

On 12 December 2017, the regional government of South Australia passed the Stamp Duties (Foreign Ownership Surcharge) Amendment Act 2017, introducing a 7% stamp duty surcharge on foreign acquisitions of a residential real estate. Previously to this legislation, no special stamp duty applied to foreign investors.

The new surcharge applies as from 1 January 2018. 

AFFECTED COUNTRIES

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