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Foreign purchasors banned from buying established houses - Coutts Lawyers & Conveyancers

Summary by Coutts Lawyers & Conveyancers
KEY TAKE OUTS: From 1 April 2025 to at least 31 March 2027 foreign purchasers will be banned from buying established houses Exemptions to the ban are permanent residents, New Zealand citizens or spouses of Australian citizens, permanent residents or New Zealand citizens The Government has announced that effective from 1 April 2025 to 31 March 2027 foreign persons including foreign owned companies and temporary residents, will be banned from buy…
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Coutts Lawyers & Conveyancers broke the news in on Monday, March 3, 2025.
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