Hi,
You could have aware that you are considered Non-resident by IRAS. This policy was issued sometime in 2003. Any overseas income received on and after 1 Jan 2004 is not taxable.
You may see detail at this link: https://www.iras.gov.sg/irashome/Individuals/Foreigners/Your-Situation/Working-Outside-Singapore/
1) To buy any property in Singapore, other than those who do not need to loan, have to show proof of income in order to be assessed by MSR for HDB flat or TDSR for private property.
2) You are SC, and your gf is PR. You are eligible for an HDB loan which can loan max to 90% of LTV (Loan-To-Value).
3) If you have constant active income received overseas, financial institutes (Banks) might be able to use that to assess your active income. But do note that banks can only loan up to a max of 75% LTV. You will have to prepare 5% cash, and 20% cash and/or CPF.
4) However, doubt that HDB has that flexibility. If you are intending to get the HDB loan, you will have to declare your annual income to IRAS to get a Notice of Assessment, and pay tax accordingly.
5) On top of those mentioned, since you are a freelancer, it also meant you are self-employed. Your active income will suffer from a 30% haircut, meaning the loan amount will be reduced further.
6) You have to apply for Singpass if you do not have that yet. Because current application, submission, and all info are stored under Singpass related account, over here, is referring to MyHDB portal.
7) You will need a local bank app to assist with your payment prior to the completion of the entire sale.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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