Singapore
🇸🇬

Singapore

Buying Guide for Foreign Investors

Golden Visa Program Available
Mortgages for Foreigners
Currency: SGD

$18,000

Avg. Price/sqm

25%

Min. Down Payment

16%

Property Tax

60%

Transfer Tax

AI Summary

Generate an AI-powered summary of this country's buying rules for quick reference.

Purchase Rules for Foreigners

Non-Citizen Property Purchase in Singapore

Restrictions apply for foreigners purchasing residential property.

What Foreigners CAN Buy:

  • Condominium units (no restrictions)
  • Apartments in buildings 6+ stories
  • Units in approved developments

What Requires Approval:

  • Landed property (houses, bungalows)
  • Sentosa Cove landed homes (approved scheme)

Process Overview:

  1. Option to Purchase (OTP) with 1-5% deposit
  2. Exercise OTP within 14-21 days (pay additional 4-9%)
  3. Engage lawyer for conveyancing
  4. Complete due diligence
  5. Sign Sale & Purchase Agreement
  6. Pay stamp duty within 14 days
  7. Complete transaction (8-12 weeks)

Ownership Restrictions

Foreigners can freely purchase condos and apartments. Landed property requires Land Dealings Unit approval. Permanent Residents have fewer restrictions.

Required Permits & Documents

  • Valid Passport
  • Singapore Bank Account
  • Land Dealings Approval (for landed property)
Golden Visa Program

Minimum Investment

€2,500,000

Global Investor Programme (GIP)

Options:

  • S$2.5M in new business/expansion
  • S$2.5M GIP fund investment
  • S$2.5M single family office (S$200M AUM)

Benefits:

  • Singapore Permanent Residence
  • Include spouse and children
  • World-class education and healthcare
  • Strategic business hub

Note: Real estate investment does not qualify for GIP

This information is for general guidance only and does not constitute legal or financial advice. Please consult with qualified professionals before making any investment decisions.

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