Duty and Tax on Adding Name To Property Tittle

My father purchased a property in VIC back in 1997, and we are currently considering ways that he could transfer property ownership to me or add my name to the property title at a lower cost.

My father is a foreigner and I am an Australian Citizen with no property in Australia, from my understanding the property will be viewed as an investment property given my father’s foreigner status, and that it would be subject to CGT and stamp duty either way (transfer or adding name to title)?

Any advice on our case would be much appreciated.

• This topic was modified 7 years, 4 months ago by  Yappa.