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  • Exemption certificates for foreign investors of residential real estate

    If you are a foreign person investing in Australian residential real estate, you may need foreign investment approval before purchasing a property.

    You can apply for an exemption certificate, which allows you to bid or make offers on multiple properties within a specific state or territory up to a specified value, provided you only proceed with purchasing one property. This means you do not need to seek individual approval for each property you attempt to purchase.

    The exemption certificate is valid for six months from the date of approval and specifies a limit on the property value. The certificate allows you to purchase a property by any method, including auction, ballot, private offer, expression of interest or tender.

    If you are a temporary resident, you can use an exemption certificate to purchase one of the following:

    • an established dwelling to live in
    • a new dwelling
    • a single block of vacant land for development.

    If you are a foreign non-resident you can use an exemption certificate to purchase one of the following:

    • a new dwelling
    • a single block of vacant land for development.

    Exemption certificates will normally be approved subject to the same conditions for specific property applications.

    You can apply for an exemption certificate by completing the residential real estate application form. After entering your details, on the Application type screen, select Exemption certificate and follow the prompts.

    You can also use the Residential real estate application instructions to help you complete your application.

    See also:

    Last modified: 03 May 2019QC 58755