We’re offering reduced penalties for foreign investors who disclose possible breaches of Australia’s foreign investment rules for purchases of Australian real estate.
If you disclose a breach of the rules for residential real estate purchases during the RPP, depending upon your circumstances, you may:
We use data-matching systems to detect breaches of Australia’s foreign investment rules. We have started compliance activities on possible breaches and will pursue and penalise those found to have illegal investments.
There is nowhere to hide - declare your possible breaches today to avoid criminal and civil penalties.