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The Victorian Government is set to increase stamp duty from 3% to 7% for foreigners purchasing land in Victoria

A recent article from “The Real Estate Conversation” (**see  link below for the article) discusses the Victoria Government’s intention to increase stamp duty from the current 3% to 7% payable by foreign purchasers of  Victorian land from 1 July 2016. What does this mean for overseas investors? For more information, contact Sera Porto-Drew or Van Hang from…

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