Unlocking ABSD Remission for Foreigners with SG Luxury Homes

Nov 23, 2023

Introduction

Welcome to SG Luxury Homes, your trusted partner in the world of real estate. As an experienced company specializing in Real Estate Agents, Home Services, and Real Estate in Singapore, we understand the challenges faced by foreigners when it comes to purchasing a property in this beautiful city-state. In this article, we will discuss how SG Luxury Homes can help you unlock the Additional Buyer's Stamp Duty (ABSD) remission and turn your dream of owning a property into reality.

Understanding ABSD Remission

Before we delve into the ways SG Luxury Homes can help you with ABSD remission, let's briefly explain what it entails. In Singapore, the Additional Buyer's Stamp Duty (ABSD) is an additional tax imposed on certain groups of property buyers, including foreigners. The purpose of this policy is to manage the demand, stabilize property prices, and provide a fair opportunity for Singaporeans to own a property.

How SG Luxury Homes Can Help

At SG Luxury Homes, we have a team of highly skilled and knowledgeable professionals who specialize in assisting foreigners with their real estate needs, including ABSD remission. Our expertise lies in navigating the complex regulations and processes involved in purchasing a property as a foreigner.

1. Expert Advice and Guidance

Our experienced real estate agents understand the intricacies of the real estate market in Singapore. They stay updated with the latest regulations and policies, including ABSD remission rules. You can rely on their expertise to guide you through the entire process, ensuring that you make informed decisions.

2. Access to Exclusive Properties

As a prominent player in the industry, SG Luxury Homes has access to a wide range of exclusive properties suitable for foreigners. Whether you are looking for a luxurious condominium, a spacious landed property, or a prime commercial space, we can help you find the perfect match for your requirements.

3. Relationships with Developers

Our strong relationships with reputable developers in Singapore give us a competitive edge. Through these relationships, we can negotiate on your behalf to secure favorable terms and conditions, including exploring the possibility of ABSD remission.

4. Legal Support

Purchasing a property involves navigating legal processes and paperwork. Our dedicated legal team will provide you with the necessary support and guidance, ensuring that all documentation is in order and compliant with Singaporean laws. With their assistance, the process becomes seamless and stress-free.

5. Comprehensive Financial Advice

Financing a property as a foreigner can be challenging. SG Luxury Homes works closely with reputable banks and financial institutions that specialize in providing loans to foreigners. Our financial advisors will offer you comprehensive advice on the various financing options available, ensuring that you make the best choice for your situation.

Conclusion

With SG Luxury Homes by your side, unlocking ABSD remission for foreigners becomes a realistic possibility. Our team of experts is dedicated to assisting you throughout the entire property purchasing process, from finding the perfect property to navigating legal requirements and securing favorable terms. Trust us to turn your real estate dreams into a remarkable reality. Contact us at SG Luxury Homes today to embark on your journey towards owning a property in Singapore.