facebookAre we allowed to purchase properties overseas for investment reasons from tenants? Or is this act subjected to any limitations and law? - Seedly

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Anonymous

18 Apr 2019

Property

Are we allowed to purchase properties overseas for investment reasons from tenants? Or is this act subjected to any limitations and law?

I met a property broker offering good deals within the South East Asian region. I am interested to invest in foreign properties because of its affordability and potential in their locations.

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HC Tang

22 Sep 2018

Financial Enthusiast, Budgeting at The Society

if you're own of HDB / EC, then as long as you fulfill (stayed in ) the HDB /EC for 5 years (MOP - minimum occupation period), then you CAN biy foreign property for investment purposes.

See the rules @ HDB page:

https://www.hdb.gov.sg/cs/infoweb/residential/l...

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