Waterways Conveyancing

What You Need to Know About Foreign Transfer Duty?

About Foreign Transfer Duty

The recent jurisdiction in Western Australia (WA) states that from 1st January 2019, foreigners purchasing a residential property in WA must pay an additional 7% stamp duty. This dictate comes in WA after being introduced in the other Australian states. Stamp duty surcharge or Foreign Transfer Duty encompass certain rules and regulations when a residential property is acquired by a foreign person. The foreign transfer duty becomes effective from the day the document for the transaction is signed. In this blog, we shall discuss some important highlights of the foreign transfer duty. 1. What is a residential property? Residential property…

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How Settlement Agency Perth can Help First Time Home Buyers?

Settlement Agency Perth

Investing in a residential property is once in a lifetime decision. You have found your dream home and there cannot be a better reason for you to feel happy about it. But before you move into your new home, your mind says to you, ‘Do you really require a settlement agency in Perth?’ The answer is a big YES! Purchasing a property in Perth without the help of a settlement agent can be risky. Before you enjoy living in your new home, you must ensure that all the paperwork is done properly so that your settlement is successfully completed. Advantages…

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