Additional foreign acquirer duty

Additional foreign acquirer duty (AFAD) is an extra amount of duty that applies to transactions that are liable for transfer duty, landholder duty or corporate trustee duty. AFAD applies when all the following conditions are met:

  • You are an acquirer for the purposes of the transaction and a foreign person.
  • Your transaction involves AFAD residential land (including chattels or existing rights).
  • The liability for your transaction arises on or after 1 October 2016.

AFAD was introduced to ensure foreign acquirers of residential property who benefit from government services and infrastructure also contribute to their delivery, the same as local buyers.

This guide explains who a foreign person is for the purposes of AFAD, how the additional duty is assessed, and how to apply for reassessments and ex gratia relief.

Contact

Queensland Revenue Office

  • Call 1300 300 734 (Australia) or
    +61 7 3179 2500 (overseas)
  • Send an email using our online enquiry form.