Governments have been cracking down with increased taxation on non-residents that own land here in Australia. That’s happening at a Commonwealth and State level. From July 2018, the Queensland Government implemented Absentee land tax rules.
Usually, somebody’s home is exempt for land tax purposes. If you are undertaking expatriate duties overseas, it’s important with these relatively new Absentee land tax rules to check your status against the criteria to make sure you don’t get a surprise land tax bill. The recent 2019 Queensland State Budget contained both “carrots” and “sticks” here with a carveout for Australian citizens and permanent residents but an increase in the Absentee land tax rate.
The above video contains the full scoop.
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