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If a married couple with a Singaporean husband and a foreigner wife purchases their first matrimonial property and structures it as 99% wife and 1% husband, can they decouple after the wife obtains Singapore PR status, allowing the Singaporean husband to buy a second private property without any ABSD? Alternatively, if they structure it as 99% husband and 1% wife, can they decouple after the wife obtains Singapore PR status, allowing the Singaporean husband to buy a second private property with 5% ABSD?

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For a married couple consisting of a Singapore Citizen (SC) husband and a foreigner wife purchasing their first matrimonial property, here are the key points to consider regarding ABSD remission and future property purchases:

First Property Purchase with ABSD Remission

  • If the couple purchases the property jointly under both their names and neither of them owns any other residential property, they can apply for full ABSD remission, provided at least one spouse is a Singapore Citizen.

Structuring Ownership

  • 99% Wife, 1% Husband: This structure does not qualify for ABSD remission because the property is not purchased under both names equally. However, if the wife later obtains Singapore Permanent Resident (SPR) status, the couple could decouple the property. But, this does not directly impact the SC husband's ability to avoid ABSD on a subsequent property purchase. The husband would still be subject to ABSD rates applicable to his profile if he purchases another property.
- 99% Husband, 1% Wife: Similarly, this structure does not meet the criteria for ABSD remission since the property must be purchased under both names. After the wife obtains SPR status and they decouple the property, the SC husband's subsequent purchase of a second private property would still be subject to ABSD. As a Singapore Citizen buying a second property, he would typically pay 20% ABSD, not 5%.

Future Property Purchase

  • If the couple decouples the first property after the wife obtains SPR status, and the SC husband then buys a second private property, he would be liable for the 20% ABSD rate applicable to Singapore Citizens purchasing their second residential property, not 5%.
In summary, structuring the ownership in either way (99% wife, 1% husband or 99% husband, 1% wife) does not allow for ABSD remission on the first property purchase, and the SC husband would still face the standard 20% ABSD rate on his subsequent property purchase.
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