Duties-Form-62

Document last modified: 01 Dec 2015

The purchaser statement is used to identify foreign purchasers of residential property in Victoria.

For contracts or transactions entered into on or after 1 July 2015, additional duty of 3 per cent applies where the transferee is a foreign purchaser when the property's transfer/transaction occurs (usually at settlement).  It also applies to relevant acquisitions by a foreign purchaser in a landholder that holds residential property.

Regardless of your nationality or citizenship status, you (the transferee) must complete this statement if you are buying or acquiring property in Victoria. If there is more than one transferee, each must complete their own statement.

The statement must be completed for all contracts or transactions entered into on or after 1 July 2015, including any nominations made on or after that date where the original contract of sale (under which the nomination is made) was entered into prior to 1 July 2015.