THERE are many costs associated with buying a home, and stamp duty is probably the biggest. Its name sounds innocent enough, but stamp duty is a tax charged by states and territories on property purchases.It can also be applied to other acquisitions, such as the sale of assets belonging to...
This is the final instalment in our Buying a Commercial Property. At this stage we focus on completion. You can find the other instalments here: Stage 1: Doing Your Research Stage 2: Knowing the Market Stage 3: Buying or Renting?
Stamp Duty When buying real estate, you’re also liable for Stamp Duty (Imposto do Selo). This is generally about 0.8 percent of the property deed value and must be paid at the time of purchase. Municipal Property Tax (IMI) The Imposto Municipal sobre Imóveis (IMI) is an annual municip...
You can get in touch if you’re buying a residential home, commercial or investment property. We have specialists in every field so you know you’re in good hands. Trustpilot Property is an ever changing industry so it’s easy to fall behind on the latest government schemes like Help-to-...
Who can buy property in Malaysia? Foreigners can acquire both residential and commercial properties in Malaysia; however, certain restrictions apply. Typically, you cannot purchase properties valued below a specific threshold, which varies by state and may depend on your visa type. While foreigners ca...
Whether you’re considering moving to Australia and hope to buy a home or are interested in investing in the Australian property market while remaining...
Commercial Property Loans:Commercial property loans are specifically designed for businesses or individuals looking to purchase ordevelop commercial properties, such as office buildings, retail spaces, or industrial properties. How do I Know Which Mortgage I Can Afford?
In any case, once you have rented out a property, IRAS will know because the stamp duty of the rental has been paid. The owner-occupier tax rates are no longer applicable for that property from the date of rental. Commercial and industrial properties (Non-Residential) ...
On the other hand, in the commercial space like office buildings and retail centres, the oversupply had greater consequences, Fernandez said. “To rebalance the various sectors of the property market will need a deeper and more holistic study and appropriate measures taken to make the property m...
Transfer fee: 2% of the registered value of the property. Stamp Duty: 0.5% of registered value. Only payable if exempt from business tax. Withholding tax: 1% of the appraised value or registered sale value of the property (whichever is higher and if the seller is a company). If the sell...