Time Share Resorts

The acquisition of an interest in a time-share development is generally regarded as the acquisition of an interest in residential property and subject to the relevant eligibility criteria. However, the acquisition of an interest in a time share scheme is exempt from the usual notification requirements where the entitlement of the foreign person and any of that person's associates is not in aggregate greater than 4 weeks in any year. This exemption only applies in instances where all the accommodation in a given development(s) is part of that time-share scheme. The exemption does not apply in instances where only selected properties in a development are part of a time share scheme - in such instances the usual restrictions relating to foreign purchases of residential property will apply.

Who is exempt?

Refer to Exemptions for acquisitions which do not require notification and approval.

How to Apply

For information on how to apply (including application forms), please see How to Apply.