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Real Estate Market Singapore

Foreign real estate buyers in Singapore

Singapore is becoming the Switzerland of the East. Global investors are attracted to the city-state for a number of reasons. The country does not have currency controls or a capital gains tax. This means foreigners can send money into the country and remove it without official questioning. Property buyers who make a profit from capital gains are free to take the money out of the country. Singapore also does not impose a withholding tax for the disposal of a property and foreigners can buy private property without restrictions. The country is also attractive because it does not have any inheritance tax....

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