All Forum Posts by: Eugene Phua

Hi BP! I'm a aspiring real estate investor from Singapore and I just found out that my country does not have any tax treaty with the US so I would have to pay a flat fee of 30%. In light of that, is it still wise for me to buy US real estate? Any real estate tax professionals can advise me on this? 

@Dell J. Thanks for your reply! The real estate prices are exorbitant in Singapore and to get a good property one needs to fork up at least a million SGD to get anything good. In addition to the high prices, there also exists a stamp duty and additional stamp duty for subsequent houses making real estate investment in Singapore quite difficult for a beginner like me with pretty much no capital hence I am looking at markets overseas. Travelling to the United States to meet up with real estate agents, property managers and attorneys is not out of the question and I would be willing to do so to facilitate the process.

Hi, I am a student in Singapore and I am currently looking to invest in American real estate and buy my first deal as the real estate market in Singapore is getting overheated and way too expensive for me to afford. Any of you experienced real estate investors can provide your opinions? Thanks!