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What is Foreign Purchase Restrictions on Property about?

This document outlines prohibitions on the purchase or acquisition of residential property in Singapore by foreign persons. It states that residential property cannot be transferred to or purchased by foreign persons, with some exceptions. Any such transfers or purchases will be considered null and void. When a foreign person would inherit residential property from a deceased citizen or permanent resident, the property must be sold to a citizen or approved purchaser within 5 years. The Controller is authori

Author

lengyianchua206

Language

EN