Purchase Checklist Purchase Checklist V2 Client Details You must select 'Yes' to either Are one or more Purchaser(s) a Natural Person? or Are one or more Purchaser(s) an Organisation? Address of Property being Purchased * Are one or more Purchaser(s) an Individual? * No Yes Individual(s) Full Name Address Email Contact Number Date of Birth Foreign Individual No Yes Foreign Purchaser Additional Duty If you are a foreign purchaser and you acquire residential property, as well as land transfer duty, you may have to pay foreign purchaser additional duty on the share of the property you acquired. Foreign purchaser additional duty applies to the following transactions: Buying a residential property Buying a non-residential propety with the intention of converting it to residential land Being given a residential property as a gift Certain leasing arrangement in respect of residential property What is a Foreign Natural Person or Foreign Entity? You are a foreign purchaser if you are a foreign natural person, a foreign corporation or a trustee of a foreign trust. Foreign natural persons – you are a foreign purchaser if you are not; A citizen or permanent resident of Australia, A New Zealand citizen with a Special Category Visa (Subclass 444) Foreign corporations – a foreign corporation includes; Corporations incorporated outside Australia Corporations incorporated in Australia if a foreign natural person, another foreign corporation, or a trustee of a foreign trust has a controlling interest in those corporations. Foreign trusts – a foreign trust is a trust where a foreign natural person, foreign corporation or trustee of another foreign trust, has a substantial interest in the trust estate of that trust. A substantial interest is defined as more than 50% of the capital estate of the foreign trust and/or has the capacity to determine or influence the outcome of the decisions about the administration and conduct of the trust. Nationality/Citizenship Country of Tax Residence Passport Number Visa Number Visa Subclass Visa Expiry Date Overseas Tax Identifier Number FIRB Application Number (if applicable) Add Remove Are one or more Purchaser(s) an Organisation? * No Yes Organisation Details Organisation Name Organisation Type Company Organisation Association ACN/ARBN/ABN Name of Authorised Person(s) Address Email Contact Number Foreign Entity No Yes Foreign Purchaser Additional Duty If you are a foreign purchaser and you acquire residential property, as well as land transfer duty, you may have to pay foreign purchaser additional duty on the share of the property you acquired. Foreign purchaser additional duty applies to the following transactions: Buying a residential property Buying a non-residential propety with the intention of converting it to residential land Being given a residential property as a gift Certain leasing arrangement in respect of residential property What is a Foreign Natural Person or Foreign Entity? You are a foreign purchaser if you are a foreign natural person, a foreign corporation or a trustee of a foreign trust. Foreign natural persons – you are a foreign purchaser if you are not; A citizen or permanent resident of Australia, A New Zealand citizen with a Special Category Visa (Subclass 444) Foreign corporations – a foreign corporation includes; Corporations incorporated outside Australia Corporations incorporated in Australia if a foreign natural person, another foreign corporation, or a trustee of a foreign trust has a controlling interest in those corporations. Foreign trusts – a foreign trust is a trust where a foreign natural person, foreign corporation or trustee of another foreign trust, has a substantial interest in the trust estate of that trust. A substantial interest is defined as more than 50% of the capital estate of the foreign trust and/or has the capacity to determine or influence the outcome of the decisions about the administration and conduct of the trust. Country of Incorporation Overseas Entity Registration Number FIRB Application Number (if applicable) Add Remove If you are human, leave this field blank. Next Δ