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Hi,

May I know which property category are you considering? Since it will be your 1st matrimonial home in SG and your spouse is Singaporean, you should be able to qualify for ABSD remission (ie no ABSD payable). You need to apply with IRAs and I can assist with that. They will assess based on the case merits.

If you are purchasing resale HDB, you will need to dispose your overseas property. If you are purchasing private property such as condo, there is no need to dispose your overseas property.

Whether he should buy based on his sole name depends on your future plans (whether you all wish to get a 2nd for investment) and whether he's comfortable financing the property on his own. Thanks and may I understand your requirements so as to value-add to your plans further?

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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SMU BBM (Finance), Magna Cum Laude
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Hi,
It will be better for him to purchase as single.
To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Good evening buyer,

If it's a joint purchase between both of you, there wont be any ABSD applicable as IRAS will treat this purchase as your matrimonial house even though you are a foreigner.

But do take note that if you guys are thinking of getting a HDB, you have to dispose off your overseas property even though you will be classified as occupier under non citizen spouse scheme.

Probably you can share more information with me so I will be in a better position to advise you further.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Hi,

Re: Our Preferred Experienced SG Realtor

Call us now, we can explore further in detail. HDB policy required to dispose overseas property.

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

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