Feb 04, 2021 10:48 am
What is the best structure for foreigners to purchase a commercial property? Can you help me to save on property buyer's stamp duty?
1 Reply
Feb 04, 2021 11:35 am
Foreigners will face a lot of problems when purchasing a landed property as there is restrictions for land ownership. Therefore, it would be good to purchase the property through a company which already owns the property.
We suggest you to start a asset management company that holds and manage the other companies (refer to picture attached).
For property buyer's stamp duty, each client has their specific needs which we will tailor made the advise according to individual. Please contact us for a detailed discussion that caters to your scenario.
You can refer to this website for relevant information about starting your investment journey in Singapore! https://www.paulhypepage.com/guide-faq/the-foreign-investor-guide-to-singapore-company-incorporation/