Eligible for Foreign Buyer Stamp Duty Exemption? Buy Singapore Property Without Extra Tax

Save Big on Singapore Property — If You’re from the U.S. or Selected EFTA Countries

Buying property in Singapore as a foreigner often comes with steep stamp duties. But not for everyone. If you’re a citizen of select countries under Singapore’s Free Trade Agreements (FTAs), you may be exempted from the Additional Buyer’s Stamp Duty (ABSD) — giving you a major head start in wealth-building.

Let Us Help You Invest with Confidence — and Zero ABSD
Tax-rafiki

Foreign Buyer Stamp Duty in Singapore:
What You Should Know

If you’re a citizen of certain countries under Singapore’s Free Trade Agreements (FTAs),
you may be exempt from ABSD, giving you a unique edge in building property wealth.

✅ Who’s Eligible for ABSD Remission?

Citizens of these countries may qualify:

  • United States (U.S.–Singapore FTA)
  • Iceland, Liechtenstein, Norway, Switzerland (EFTA-Singapore FTA)

❓ What’s the Advantage?

ABSD rates for foreign buyers in Singapore can be as high as 60%. If you’re eligible for remission:

  • You pay standard Buyer’s Stamp Duty (BSD) only
  • You save hundreds of thousands on your purchase
  • Your investment yield improves dramatically
  • You can compete on the same playing field as local buyers

❓ What Can You Invest In?

As an ABSD-exempt buyer, you can invest in:

  • Prime District New Launches
  • High-Rental Yield Properties
  • Legacy Homes for Your Family
  • Capital Appreciation Opportunities

All with less upfront cost and more long-term gain.

❓ What Happens If You Miss This Opportunity?

If you’re eligible and don’t take advantage:

  • You may face ABSD in the future if policies change
  • You lose out on current pricing and rental upside
  • Your capital may be locked in lower-yield markets elsewhere
Invest Smart. Invest ABSD-Free.

Why Buying Singapore Property ABSD-Free Matters?

Maximize your investment returns
Avoiding ABSD means lower upfront costs and stronger yields, allowing more of your capital to go into appreciating assets instead of taxes.
Own Singapore property on equal footing with locals
With ABSD remission, you enjoy the same stamp duty rates as Singapore Citizens, giving you a powerful edge in a competitive market.
Preserve wealth with one of Asia’s safest assets
Singapore real estate is known for its resilience, stability, and value retention, making it an ideal vehicle for long-term wealth preservation.
Preserve wealth with one of Asia’s safest assets
Singapore real estate is known for its resilience, stability, and value retention, making it an ideal vehicle for long-term wealth preservation.
Take advantage of a rare legal benefit
ABSD remission under FTAs is a legal privilege granted to a select group of countries — make the most of this advantage while it’s available.
Protect your legacy and build for the next generation
Invest in properties that can be passed on to your family, free from excessive upfront duties and future complications.
Unlock Your ABSD-Free Advantage Today

Common Misconceptions About ABSD Remission

❌ "All foreigners must pay ABSD when buying property in Singapore."

Not true. If you are a citizen of countries like the United States, Switzerland, Norway, Iceland, or Liechtenstein, you may qualify for full ABSD remission under Singapore’s Free Trade Agreements (FTAs).

❌ "ABSD remission is only for certain types of properties."

False. If you’re eligible, ABSD remission applies to all residential property types — including new launches, resale condos, and landed homes — as long as other criteria are met.

❌ "ABSD remission is only for certain types of properties."

False. If you’re eligible, ABSD remission applies to all residential property types — including new launches, resale condos, and landed homes — as long as other criteria are met.

❌ "I’ll save more by buying through a company or trust."

In most cases, ABSD for entities is even higher (up to 65%). If you’re personally eligible for remission, buying under your name is often the most cost-effective and tax-efficient route.

Eligible Countries for ABSD Remission

We work with clients from countries covered under Singapore’s Free Trade Agreements (FTAs) to help them fully leverage
their ABSD-exempt status and build lasting property wealth.

United States of America
Eligible under: U.S.–Singapore Free Trade Agreement (USSFTA)

U.S. citizens are exempt from ABSD when buying residential property in Singapore — giving you the same stamp duty rates as Singapore Citizens.

Who is this for?

  • U.S. investors seeking long-term capital growth
  • Expats looking to own while working in Singapore
  • Families planning multi-generational property holdings
Switzerland

Eligible under: EFTA–Singapore Free Trade Agreement

Swiss nationals benefit from full ABSD remission, enabling smart, cost-effective entry into Singapore’s resilient property market.

Who is this for?

  • Global investors seeking safe-haven assets
  • Swiss families securing property for children or retirement
  • Entrepreneurs planning future relocation to Asia
norway
Norway

Eligible under: EFTA–Singapore Free Trade Agreement

As an EFTA country, Norway’s citizens can purchase Singapore residential property without paying the 60% ABSD, saving significantly.

Who is this for?

  • Norwegian professionals on assignment in Singapore
  • High-net-worth individuals diversifying out of Europe
  • Parents investing in real estate for children studying in Asia
iceland
Iceland

Eligible under: EFTA–Singapore Free Trade Agreement

Icelandic citizens enjoy ABSD exemption, making Singapore one of the most attractive overseas property markets for them.

Who is this for?

  • Individual investors looking for stability and rental income
  • Icelandic families expanding into Asia
  • Clients diversifying beyond European markets
Liechtenstein
Liechtenstein

Eligible under: EFTA–Singapore Free Trade Agreement

Citizens of Liechtenstein can buy Singapore property without the ABSD surcharge, opening access to a secure, tax-efficient real estate environment.

Who is this for?

  • Liechtenstein-based wealth managers and clients
  • Boutique investors eyeing rare Singapore luxury assets
  • Families seeking long-term, low-risk real estate holdings
worldwide
Not from an FTA Country?
Even if your country isn’t on the ABSD exemption list, we offer strategic advice to optimise your entry into the Singapore property market — including co-investment planning, long-term trusts, and business-structured acquisitions.
Get in Touch to Learn How We Can Help You Buy ABSD-Free

How ABSD-Free Status Can Empower
Smart Property Moves

Example 1: A U.S. Citizen Saves Over $900,000 on Prime Condo

Scenario:
Real-Life Example 1: A U.S. Citizen Saves Over $900,000 on Prime Condo

Outcome:
Thanks to the U.S.–Singapore Free Trade Agreement, the buyer was exempt from ABSD and only paid the standard Buyer’s Stamp Duty. The tax savings allowed the client to reinvest in a second property for rental income.

Key Takeaway:
If you’re from an FTA-eligible country like the U.S., ABSD exemption dramatically boosts your investment power and ROI in Singapore.

Example 2: Swiss Family Buys Apartment for Child Studying in Singapore

Scenario:
A Swiss couple wanted to purchase a condominium for their daughter, who was attending university in Singapore. They initially hesitated due to the assumed 60% ABSD surcharge.

Outcome:
Upon discovering they were eligible for ABSD remission under the EFTA–Singapore FTA, the family proceeded with the purchase, saving over $720,000 in duties. The property served both as a home and a long-term investment.

Key Takeaway:
Families from EFTA countries (Switzerland, Norway, Iceland, Liechtenstein) can invest for personal or family use in Singapore without the heavy tax burden.

Example 3: Norwegian Investor Diversifies Out of Europe

Scenario:
A property investor from Norway was looking for a stable market to diversify her portfolio amid economic uncertainty in Europe. Singapore topped her list — but she was unaware of the ABSD remission.

Outcome:
With guidance from a Property Wealth Management consultant, she leveraged her EFTA-based ABSD exemption, acquired a well-located condo, and avoided $600,000 in stamp duties. Her portfolio is now diversified and gaining steady returns.

Key Takeaway:
Smart investors from eligible countries can unlock premium Singapore assets at local buyer rates,
making it a savvy long-term wealth move.

USSFTA vs EFTA-Singapore FTA: What’s the Difference?

Both Free Trade Agreements grant Additional Buyer’s Stamp Duty remission for eligible foreign buyers,
but there are key distinctions in coverage and considerations.

USSFTA
Citizens of the United States of America
Bilateral trade agreement
Article 15.1 of the USSFTA
EFTA–Singapore FTA
Citizens of Switzerland, Norway, Iceland, Liechtenstein
Multilateral trade agreement (EFTA bloc)
Chapter 41 of the EFTA–Singapore FTA
Know More About USSFTA Here
Know More About Switzerland EFTA Here

Frequently Asked Questions

❓ Who is eligible for ABSD remission in Singapore?

Citizens of the United States, Switzerland, Norway, Iceland, and Liechtenstein may be eligible for ABSD remission under Singapore’s Free Trade Agreements (FTAs). This allows them to pay the same stamp duty rates as Singapore Citizens when purchasing residential property.

❓ What is the current ABSD rate for foreigners without remission?

As of now, the ABSD rate for foreigners who are not eligible for remission is 60% of the property price or market value, whichever is higher. Eligible buyers under FTAs can save significantly by paying only the standard Buyer’s Stamp Duty (BSD).

❓ How do I apply for ABSD remission?

The application is typically handled by your lawyer during the purchase process. You’ll need to provide supporting documents proving your nationality and eligibility under the relevant FTA. We’ll guide you through each step with our legal partners.

❓ Does ABSD remission apply to all types of property?

Yes, ABSD remission applies to all residential property types in Singapore — including new launches, resale condos, and landed homes — as long as you meet the conditions under the FTA and applicable legal guidelines.

❓ Can I buy property jointly with a non-eligible person and still get ABSD remission?

No, the remission only applies if all purchasers are eligible. If you co-purchase with someone who is not covered under the FTA, ABSD will be charged on the full amount, unless special legal structures are used.

❓ What happens if I sell the property later?

There is no capital gains tax in Singapore, and your Additional Buyer’s Stamp Duty exemption does not affect resale. However, if you sell within 3 years, a Seller’s Stamp Duty (SSD) may apply. We’ll help you plan your exit strategy to avoid unnecessary costs.

Testimonials

“I almost walked away from buying in Singapore because of the high stamp duties — until I found out I was exempt under the U.S.-Singapore FTA. The team walked me through the process clearly, and I ended up saving over $800,000 on my condo. Truly a game-changer.”
— Daniel R., U.S. Citizen & Tech Executive, relocated to Singapore

“As a Swiss investor, I wasn’t aware I could avoid the 60% Additional Buyer’s Stamp Duty until I spoke with Peter. His guidance helped me invest in a prime District 9 unit with zero stamp duty hassle. The service was seamless, and the returns have been even better than expected.”
— Clara M., Private Client from Switzerland

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