Foreign Ownership Surcharge

RevenueSA would like to clarify the data entry requirements for the Commonwealth Reporting Workspace in relation to the question of Nationality/Citizenship. When completing the question of Nationality/Citizenship, please be advised of the following:

If the purchaser/vendor is a holder of a permanent visa within the meaning of Section 30(1) of the Migration Act 1958 (Cwlth) then they are deemed to be Australian for the purposes of this question. If the purchaser/vendor is a citizen or permanent resident of Australia and is also a citizen of another country then they are deemed to be Australian for the purposes of this question.

For example, if a British national holding an Australian permanent residency visa is purchasing residential land in South Australia then the Commonwealth Reporting Workspace field labelled Nationality/Citizenship should be entered as Australia for this purchaser.

For details of the Foreign Ownership Surcharge, including the definition of a foreign person, refer to the Foreign Ownership Surcharge page on RevenueSA website.

The Department of Home Affairs provides a comprehensive list of Australian visas.