in
I am a foreigner, and my spouse is a US Citizen. Is Additional Buyer's Stamp Duty (ABSD) payable if we were to purchase a residential property?
iras
ABSD remission under the Free Trade Agreement will apply if the individual is a citizen of the United States of America (US). He/She will receive the same Stamp Duty treatment as Singapore Citizens.
Therefore, if an individual who is a US citizen jointly purchases a residential property with his/her spouse, the ABSD Spouses Remission may be applicable. ABSD will be remitted if all conditions are met, and they do not own any other residential property.
Let other citizens know if this answer was helpful
Did this answer your question?Related Questions
If I am a US Citizen purchasing my first residential property in Singapore, will I incur Additional Buyer’s Stamp Duty (ABSD)?
from IRASI'm a Singaporean, intending to jointly purchase a condo with my husband who is a US Citizen.
from IRASI am a Singapore Citizen married to an Singapore Permanent Resident. Both of us do not own any property in Singapore. If we jointly purchase our first matrimonial home, do we need to pay Additional Buyer’s Stamp Duty (ABSD)?
from IRASI am a Singapore Citizen married to a Singapore Permanent Resident. We jointly own a private apartment. If we buy another completed house jointly, what is the Additional Buyer’s Stamp Duty (ABSD) payable by us?
from IRAS
Can’t find what you’re looking for?