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Hi,

In purchasing property in Singapore, there are something you have to take note as a foreigner.

(1) Are you a citizen of the below countries:
(a) Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
(b) Nationals of the United States of America
If you are, then you can apply for remission, and not required to pay ABSD for the 1st property.

(2) If you are not one of the citizen of the above mentioned, then you are required to pay for the following with ref to $800k property:
(a) BSD (3%-$5,400): $ 18,600
(b) ABSD (15%) : $120,000

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Hi,

Based on a $800k purchase for a foreigner, the breakdown is as follows:

1) Buyer Stamp Duty: $18,600
2) Additional Buyer Stamp Duty: $120,000 (*not applicable if you're from either Switzerland, Norway, USA, Iceland or Liechtenstein.
3) Legal Fees: approx $2,500

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi, the tax for a foreigner will be at 18%. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More