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Finance TaxationSAEASY

Does South Australia impose a foreign buyer surcharge on stamp duty?

Correct Answer

B) No, South Australia does not currently impose a foreign buyer stamp duty surcharge

Unlike several other Australian states, South Australia does not currently impose a foreign buyer surcharge on stamp duty. Foreign purchasers pay the same rate of stamp duty as domestic buyers.

Answer Options
A
Yes, a surcharge of 8% applies to all foreign purchases
B
No, South Australia does not currently impose a foreign buyer stamp duty surcharge
C
Yes, but only for properties over $1 million
D
Yes, a surcharge of 4% applies to residential property only

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Related Topics & Key Terms

Key Terms:

no foreign buyer surchargeequal stamp dutySA policy
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