Angmorikans do not have to pay additional buyer's stamp duty when purchasing a property in Sickipoora unlike other foreigners...But

[A Singaporean]

With Trump throwing out the Singapore US Free Trade Agreement yesterday, do you think PAP has the balls to impose the ABSD on Angmorikans ?

 

[laksaboy]

Still don't get the meaning 醉翁之意不在酒?

Trump's second term is for destroying globalism, and globalism's darling China (CCP regime).

If you want lower or zero tariffs, feel free to negotiate like Argentina.

Otherwise, keep doing business with China, keep letting China 'outsource' to you before re-exporting, and see what happens.

Trump will not forgive nor forget fentanyl and the stolen election of 2020. It is revenge this time.

 

[eatshitndie]

not absd lah. foreign buyer stamp duty.

 

[A Singaporean]

not absd lah. foreign buyer stamp duty.

https://www.iras.gov.sg/taxes/stamp...-remission-under-free-trade-agreements-(ftas)

 

[eatshitndie]

https://www.iras.gov.sg/taxes/stamp...-remission-under-free-trade-agreements-(ftas)

it’s under absd rules but the specific stamp duty pertains to 1st sinkie property an amerikano buys. it’s 4-5% depending on whether price is below $1.5m or over. that’s equivalent to buyer stamp duty (bsd) that a sinkie is subjected to. of course if amerikano buys 2nd property in sg he’s subjected to same sinkie absd. “a” means additional as in 2nd and subsequent properties. they are all sexplicitly sexplained on the iras site.