Additional Foreign Acquirer Duty

What is Additional Foreign Acquirer Duty?

Additional Foreign Acquirer Duty (AFAD) is an additional amount of Transfer Duty that a Buyer of Residential Land is required to pay when they are not an Australian Citizen or Permanent Resident of Australia. AFAD applies regardless of whether the land is being purchased for investment or non-investment purposes. Residential Land is defined to include not only vacant land but also homes and units.

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Tinielle Lees

Solicitor

With eight years of experience in property law, Tinielle is a dedicated solicitor at Ownit Conveyancing Lawyers, bringing a wealth of expertise in both residential and commercial conveyancing. She plays a pivotal role in ensuring the seamless execution of conveyancing transactions, delivering efficient and strategic legal solutions tailored to clients’ needs.

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