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Recorded Webinars

Recorded Webinar: They Came from a Foreign Land: The Trials and Tribulations of FIRB and Foreign Ownership of Property

Over recent years, there has been increased interest in the Australian real estate market from overseas buyers.  While this may be positive news for those wishing to offload property, there are complex rules and requirements which come into play when there is a foreign investor. T
PRESENTED BY Eddie Leong Special Counsel - Cornwalls , Brisbane

Date/Time

About the Webinar

Over recent years, there has been increased interest in the Australian real estate market from overseas buyers.  While this may be positive news for those wishing to offload property, there are complex rules and requirements which come into play when there is a foreign investor. This session shall provide an overview of the rules, practices and procedures that must be followed when it comes to foreign ownership of property and, using case studies, will cover:

  • The definition of foreign and what connection to outside of Australia may trigger Foreign Investment Review Board (FIRB) considerations
  • What interests trigger FIRB -  what exactly is taken to be property e.g. mining permits,  and what property/property rights can be acquired
  • The FIRB application process, relevant exemptions/objection process and thresholds for fees
  • The consequences of breaching FIRB rules for clients, professional advisers and lawyers

Presented By

Eddie Leong
Special Counsel, Cornwalls Brisbane, Qld

With over 15 years experience guiding clients in the acquisition, sale and development of commercial and industrial properties, Eddie is highly valued by his clients for providing sound legal advice, always being commercial and safeguarding their interests.

Eddie is a multilingual property lawyer who effectively communicates technical and complex information while overcoming cultural and language differences.

Cultural and language barriers are no problem for Eddie when it comes to property transactions involving international buyers and sellers. He has worked on complex property matters for a wide range of clients including large international institutional investors, property developers, state owned enterprises, State and Federal Government representatives and high net worth individuals and families.

 

Who Should Attend?

This webinar is suitable for lawyers practising in property law – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Lawyers can claim up to 1 CPD unit/point – substantive law. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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