Warning to all Aussie-born or Australian permanent resident individuals and Australian company vendors of property for $750,000 or more … you should be aware that you will be required to obtain a FOREIGN RESIDENT CAPITAL GAINS WITHHOLDING CLEARANCE CERTIFICATE (proving you are NOT a foreign resident).


This certificate will establish your tax residency status and prevent an amount equal to 12.5% of your proceeds of sale being drawn and paid to the ATO, on account of Capital Gains Tax, pending your assessment.  We can make your certificate application for you if you wish.


When giving us your sale instructions, we will be advising you what documents you will need to provide with your application for this certificate, so we will have plenty of time to assist you with satisfying this requirement if any of your papers are not readily available.