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FACTORS INFLUENCING FOREIGN PURCHASE
A truly cosmopolitan city, Singapore is the country where more than a million talented foreigners call home. With its multi-racial, multi-cultural and multi-lingual heritage, Singapore is where a confluence of values, cultures and lifestyles coexist harmoniously. It is an exciting city-state where foreigners find easy to settle in.

Key reasons foreigners are attracted to invest in or buy properties in Singapore are as follows:

Favourable property purchase and ownership conditions
Clear foreign ownership laws.
No restrictions on foreign ownership for condominiums and apartments.
No currency control.
No capital gains tax.
No withholding tax for disposal of properties.
Foreigners are eligible for Singapore dollar mortgage loan.
Loan quantum can be up to 70% of the purchase price.
Relatively low mortgage interest rate.
Active secondary market for easy exit of property investments.
The rental yield is generally higher than mortgage interest rate.
Interest on mortgage payment is tax deductible when the property is rented out.
Security of property rights.
Laws and regulations that protect home buyers.
The attractiveness of Singapore as a great place to live, work and play in
Socio-political stability.
Safe and secure place.
Comfortable and green environment.
Ease of access and short distance from the major cities of Asia.
Good connectivity and efficient transportation infrastructure.
Immigration policy that welcomes talent and the wealthy.
A centre of educational excellence.
Premier healthcare services.
Efficient legal infrastructure and judiciary system.
Asia's banking hub with tight banking secrecy laws.
No tax on interest income.
No tax on foreign-earned income.
No estate duties.
Comparatively low personal income tax structure.
Comparatively low corporate tax rate of 18% per annum.

To find out more about investing Singapore, please click here. If you would like to have additional information on entering Singapore for business, please click here. For details pertaining to obtaining permanent residency in Singapore, please click here.

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