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In Australia, sold 300 properties owned by foreigners

13.12.2018
Homesoverseas.ru editorial office
516

The Australian government has sold more than 300 properties that illegally belonged to foreigners, writes PerthNow .

Foreigners owning real estate in Australia were forced to sell their property acquired by illegal means to the state since 2015. As a result, 316 properties with a total value of $ 381 million became the property of the country's government.

Foreign owners, who were the owners of these objects, were representatives of China, Great Britain, Malaysia, Singapore, Indonesia, India, USA, Hong Kong, Italy and Germany.

Most sales occurred in 2017-2018, when it sold 131 units of real estate in the amount of 133.9 million dollars.

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