Hi All, looking at selling a property (my own house) overseas and bringing the money to AUS to use as deposit to buy a house to live in. Wondering if I will need to pay tax on the amount? if yes, how can I find out the tax rate?
Hi @chrissebc
Generally, no, if you're transferring funds from your overseas personal account into a personal bank account in Australia there’ll be no tax implications.
If the funds start to generate taxable income here like interest paid by the bank, this would be investment income and you’ll need to report this in your tax return and be liable for tax.
[edited by moderator 12/8/25 to remove archived link]
Hi @chrissebc
Generally, no, if you're transferring funds from your overseas personal account into a personal bank account in Australia there’ll be no tax implications.
If the funds start to generate taxable income here like interest paid by the bank, this would be investment income and you’ll need to report this in your tax return and be liable for tax.
[edited by moderator 12/8/25 to remove archived link]
Hi @AlliATO You mention no tax on money transferred from personal overseas bank account to the account here in Australia on selling property overseas.
In the case where a BUYER overseas transfers the money directly into my Australian bank account, will that money also be non taxable if I am on 482 visa? This means I will not be receiving the money in my overseas account where the property is, rather I will be receiving money directly in Australia from the buyer.
Hi @z.ahmad,
Not necessarily.
What's actually happening is you're selling an overseas asset.
First, you'll need to work out your Australian residency status for tax purposes. This is different to your immigration status.
Check out the replies from a similar question that's been asked on this forum.
For some further reading, our website has some fantastic information about tax residency and capital gains tax.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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