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Australia to triple fees on foreigners buying existing homes, penalise them if they leave properties empty
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Telling the foreigners they are not welcome indirectly.
Thinking is difficult, that's why most people judge
Carl Jung
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Foreigners are only allowed to buy new homes with high taxes. If foreigners leave the houses unoccupied must additional 1% per year for non occupancy tax.
(This post was last modified: 10-12-2023, 02:09 PM by
lvlrsSTI.)
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On selling, they have to sell to the locals.
(This post was last modified: 10-12-2023, 02:36 PM by
theold.)
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(10-12-2023, 02:36 PM)theold Wrote: On selling, they have to sell to the locals.
And have to pay high tax of 30-40% of their gains
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