6 Answers

Hi,

Yes US citizens under the FTA agreement, need not pay ABSD for their 1st property purchase as they are subject to local citizen treatment, for residential property. Thanks and may I understand your requirements further so as to value-add to your housing plans?

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
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Hi, since you are holding a US passport, you do not need to pay any ABSD when you purchase the 1st property in Singapore.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Sir/Mdm,

You do not need to pay ABSD for your purchase. You will need to apply for the remission. Kindly refer to the link attached for more information.

https://www.iras.gov.sg/irashome/Other-Taxes/Stamp-Duty-for-Property/Claiming-Refunds-Remissions-Reliefs/Remissions/Foreigners-Eligible-for-ABSD-Remission-under-Free-Trade-Agreements--FTAs-/

Please feel free to contact me to discuss further on your property needs. Thank you.

Nick Tan +65 9644 4854 
nicktan@propertyavenue.com.sg
B.Eng(Chemical)(Hons)(NUS)

www.nick-tan.com

Property Avenue Pte Ltd
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Hi,

Yes you will not need to pay ABSD on your 1st property in Singapore due to FTA. Perhaps you can share more on your requirements, objectives and finances on hand so that I can conduct the progressive payment calculations to narrow your options for your consideration. There are a couple of firesales / high discounts in the Primary market, not forgetting the resale market which could potentially add value to your portfolio and enhance capital appreciation in the years to come.

To add, there is no fees involved, hence do get in touch so that I can render my consultation and give an overview of the procedural framework- shortlisting of units, negotiation, paperwork, payment timeline & financial computations, market insights report, comprehensive customized sales/rental report, latest up to date transaction caveats in chosen project and handling all legal coordination and admin matters at no cost!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

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Hi,
You are right, no ABSD is payable for US citizen. The only payable is the standard stamp duty which is around 3% of the purchase price.

To assist and advice you more on the purchase, please drop me an email for me to share.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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GAN ENG JOO ONASSIS
Hi,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents and walk you through the entire process. Yes, you do not need to pay ABSD.

Tell us more about your requirements and locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

SG Hotline: +65 9222 2389 
Email: Onassis@sgrealtor.com
Skype: incomecare

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