ARE YOU A FOREIGN NATIONAL WHO WANTS TO BUY A PORT DOUGLAS AREA PROPERTY?
Port Douglas and surrounds are renowned for the natural beauty, welcoming and relaxed ambiance, and a secure environment, and so, understandably, purchasing a property here is something about which many people dream.
If you are seriously considering a property purchase in tropical north Queensland, we suggest you seek independent advice.
The law in this area has recently changed, with the federal government introducing a temporary ban on foreign investors purchasing established dwellings in Australia, effective from 1 April 2025 until 31 March 2027. https://www.reiq.com/articles/property-sales/federal-government-foreign-investment-ban-from-1-april-2025-what-you-need-to-know
For more information and guidelines. consult the Foreign Investment Review Board website, this is the Australian government agency which oversees foreign investment in Australia. http://www.firb.gov.au
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