I am a Singapore citizen planning to jointly purchase our first matrimonial home with my foreign spouse. As this is our first property, are we required to pay Additional Buyer's Stamp Duty (ABSD)?
No. ABSD is not payable on the joint purchase of a residential property by a married couple where at least one spouse is a Singapore citizen, provided neither spouse owns any residential property at the time of purchase.
This is in accordance with the Remission of ABSD for a Married Couple.
Related questions
I 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)?
I 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?
Will a Singapore Citizen purchasing an HDB flat jointly with a spouse who is either a Singapore Permanent Resident (SPR) or a Foreigner incur Additional Buyer's Stamp Duty (ABSD)?
Will Additional Buyer's Stamp Duty (ABSD) apply when a Singaporean and a Singapore Permanent Resident (SPR) jointly purchase their first HDB flat?
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