RevNet Foreign Ownership Surcharge

Foreign ownership surcharge (FOS) documents now available in RevNet.

Foreign persons who acquire an interest in residential property from 1 January 2018 in South Australia are required to pay a surcharge of 7% on the value of the residential land. Please see the Foreign Ownership Surcharge page for further information.

FOS may apply to the following RevNet documents:

  • Conveyance of Land -  For Consideration - Residential Land/Primary Production Land
  • Conveyance of Land – For No Consideration – Residential Land/Primary Production Land
  • Conveyance of Land – For Consideration – Residential Land/Primary Production Land with Other Property
  • Conveyance of Land – For Consideration – Easement – Residential Land/Primary Production Land
  • Conveyance of Land – For No Consideration – Easement – Residential Land/Primary Production Land
  • Conveyance of Land – For Consideration -Transfer of Lease – Residential Land/Primary Production Land
  • Conveyance of Land – For No Consideration -Transfer of Lease – Residential Land/Primary Production Land
  • Conveyance of Land – For Consideration – Assignment – Land Contract – Residential Land/Primary Production Land
  • Conveyance of Land – For No Consideration – Assignment – Land Contract – Residential Land/Primary Production Land
  • Conveyance of Land – For Consideration – Option to Purchase Residential Land/Primary Production Land
  • Concessions/Rebates – Off-the-plan – Conveyance of Land
  • Concessions/Rebates – Off-the-plan Outside – Conveyance of Land

The Stamp Duty Document Guide (Self Determined) for these documents have been amended to include commentary regarding these changes.

To determine whether FOS is applicable to a document you are now required to complete a workspace at revenuesaonline.sa.gov.au. The data provided in the workspace will automatically calculate the FOS component in RevNet, if applicable. For information in relation to completing a workspace, including a list of Frequently Asked Questions you can visit the Commonwealth Reporting page on RevenueSA's Website.