Asked by Ms. Tea yin
Hi, I'm a SPR with intention to convert to SC. I know that SPR need to pay additional 5% tax compare to SC if we buy pte condo. Q1: Can I buy a EC after MOP with my husband who is also SPR? Q2: Can we reclaim the 5% additonal tax paid if one of us obtained the SC later? Q3: There is an income ceiling of SGD12000 per month per household. Can we buy new EC if only one of us is SC? If yes, is the income ceiling applicable upon the submission the request to buy a EC or it will be applied throughout until the EC is completed?
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