Types of foreign persons for Additional Foreign Acquirer Duty (AFAD)

AFAD is an additional 7% transfer duty that applies to foreign acquirers only who purchase residential property in Queensland on or after 01 July 2018. You are considered a foreign person for AFAD if you fall into one of the following categories:

1. Foreign individual

You are a foreign individual if you are not an Australian citizen or permanent resident.

You can only be considered a permanent resident of Australia if you are granted a permanent visa that allows you to remain in Australia indefinitely. This means you will still be considered a foreign person for AFAD even if, at the time you enter into the transaction, you hold a kind of visa that provides a pathway to Australian permanent residency. For example, a temporary skill shortage visa subclass 482, a partner visa (temporary) subclass 820, or any kind of bridging visa.