3% with regard to certain sellers. Stamp Duty: 0. 5%. Legal Fees: 1% (negotiable). Furniture & Fixtures: Often distributed separately. Annual Timeshare: For condos/estates (can be substantial). Due Diligence is Non-Negotiable Your lawyer must verify: Transfer Fee: 2% of the evaluated value. Specific Business Tax (if applicable): 3. Foreigners can not own land downright in […]
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Freehold Condominiums: The most basic route. This can be a most common method intended for foreigners. Leasehold: A person can lease property or a residence for up to be able to 30 years, along with options to invigorate. Extreme care and specialist legal advice are mandatory. Purchase Through BOI/Special Assignments: Certain large-scale, government-promoted projects may […]
