Foreign property owners The vacancy fee that could cost you thousands

Описание: If you are a foreign owner of residential property in Australia and your home is vacant for more than 183 days in a 12 month period, you could face a serious vacancy fee. And even if no fee is payable, you may still be required to lodge an annual return with the ATO.

Many foreign buyers in Queensland do not realise this obligation continues long after settlement.

In this video:
What the vacancy fee return is
Who must lodge an annual vacancy fee return
What the 183 day rule actually means
How the vacancy year is calculated
How much the vacancy fee can be in 2026
A $1 million purchase example showing real numbers
What happens if you forget to lodge

How this affects foreign owners selling in Queensland.

If you are a foreign property owner in Brisbane, the Gold Coast or anywhere in Queensland, this is a compliance rule you cannot afford to ignore.

📖 Learn more:
https://empirelegal.com.au/blog/vacan...

👉 Need help with conveyancing in Queensland?
We assist local and foreign buyers and sellers across QLD with fixed fee conveyancing and transparent pricing at www.empirelegal.com.au

📍 This video contains general information only and is not legal advice. For personalised advice, contact Empire Legal.

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