Foreign Ownership

The DLP believes there should be a Residential Sovereignty Protection Tax. This would tax foreign buyers of Australian residential property at a rate of 17.5% of the purchase price.

 

The DLP also believes there should be a Foreign Residential Exit Tax. This would tax foreign owners of Australian residential property at a rate of 50% on the profit made from the sale of that property.

 

No majority foreign owned entity or individual may own more than 2 hectares of Australian land.