If you are a foreign person and you acquire residential property in South Australia you will pay a foreign ownership surcharge.
If the property you are acquiring is not residential property, for example, the property is used for commercial, industrial or primary production purposes, you do not need to pay the foreign ownership surcharge.
The definition of 'foreign persons' includes natural persons, corporations and 'foreign trusts'.
For a more information on what a 'foreign person' is, refer to the Foreign Ownership Surcharge page.
The foreign ownership surcharge is 7% of the value of the interest you acquire in residential land.
For more information on the foreign ownership surcharge, please refer to the Foreign Ownership Surcharge page.
