As a foreign investor (individual) purchasing a commercial property (Retail Shop) in NSW under $1M, and the property is not a sensitive building, do I need to apply FIRB approval?
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Foreign investment in commercial property is handled by Treasury department. Seems like it’s probably under the threshold for developed commercial but you should check yourself at https://foreigninvestment.gov.au/guidance/types-investments/commercial-land
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Foreign investment in commercial property is handled by Treasury department. Seems like it’s probably under the threshold for developed commercial but you should check yourself at https://foreigninvestment.gov.au/guidance/types-investments/commercial-land
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