If you are a foreign person and you are planning to invest in Australian residential real estate, agricultural land or water entitlements, you may need to apply to the Foreign Investment Review Board (FIRB) to register your investment.
Before you start, you need to check if you meet the definition of‘foreign person’. This depends on a range of factors, such as your visa status, where you live and investment ownership.
For advice about your eligibility, Australian tax law and assistance when investing in Australia, please contact your accountant at Rosenfeld Kant on (02) 9375 1200 or email gary@roskant.com.au, raul@roskant.com.au, elias@roskant.com.au