--- title: Property Tax on Foreigners: The Reasons You Should Consider Applying for Singapore PR description: Property tax impact on foreigners in Singapore and why applying for PR saves you money. Compare ABSD rates, stamp duties, and housing options for PRs vs foreigners. canonical: https://www.singaporetopimmigration.sg/blog/property-tax-foreigners-singapore-pr lang: en-SG --- PR Application # Property Tax on Foreigners: The Reasons You Should Consider Applying for Singapore PR 26 June 2023·2 min read Singapore's property tax system has garnered attention among foreigners contemplating long-term residency in the country. This article explores how property tax, particularly in relation to foreigners, can be a significant factor influencing their decision to [apply PR in Singapore](/services/singapore-pr) and sometimes if they got rejected, they file for [PR Appeal](/services/appeal). By delving into this aspect, we as your [PR application agency Singapore](/) aim to shed light on why property tax considerations play a role in foreigners' pursuit of PR status. ## Property Tax as a Key Consideration: For foreigners eyeing property ownership in Singapore, the implications of property tax hold substantial weight in their decision-making process. The disparities between property tax rates for foreigners and permanent residents can create a financial incentive for foreigners to seek PR status. This becomes particularly relevant when considering long-term property investment and financial planning. ![Property-Tax-on-Foreigners](https://cdn.sanity.io/images/78z7uzbt/production/e31534162e7577c00b53c70c967bc243dd9dce15-940x788.jpg?w=1200&fit=max&auto=format) ## Tax Advantages for Permanent Residents: One of the perks that permanent residents enjoy is the eligibility for owner-occupied tax rates, which are generally lower than those imposed on non-residential properties. These preferential tax rates can result in significant savings over time, making property ownership more financially appealing for permanent residents. The allure of these [benefits often serves as](/blog/2-benefits-of-becoming-a-singapore-pr-as-an-artist) a motivating factor for foreigners to pursue Singapore PR. ## Mitigating Additional Buyer's Stamp Duty (ABSD): The **Additional Buyer's Stamp Duty (ABSD)** is an additional tax levied on residential property purchases in Singapore. Foreigners typically face higher ABSD rates compared to permanent residents, making property acquisitions more costly for them. By obtaining Singapore PR status, foreigners can potentially reduce or eliminate the ABSD burden, providing another incentive to apply for PR. ## Long-Term Financial Planning: Foreigners with a keen interest in Singapore's property market may view property ownership as a strategic long-term investment. By securing PR status, they can benefit from the stability and potential capital appreciation offered by Singapore's real estate sector. The prospect of building a valuable property portfolio while enjoying more favourable tax rates motivates foreigners to pursue PR as a means to fulfil their long-term financial goals. ## Seeking Stability and Integration: [Applying for Singapore PR](/resources/singapore-pr-application-guide) signifies a deeper commitment to the country, beyond property ownership considerations. It reflects a desire for stability, integration, and a sense of belonging. Property tax benefits and the potential for long-term financial gains provide additional incentives for foreigners seeking to establish themselves in Singapore permanently. ## **Conclusion** Property tax disparities between foreigners and permanent residents in Singapore play a role in motivating foreigners to apply for PR. The allure of lower tax rates, the reduction of ABSD, and the potential for long-term financial gains create a compelling case for foreigners to seek PR status. It is important for individuals contemplating this path to carefully consider the various factors involved and seek professional advice from a Singapore PR agency to make informed decisions. Go Deeper ## Related Guides - [![Definitive Singapore PR Application Guide 2026](https://cdn.sanity.io/images/78z7uzbt/production/daf1fa1e50cb7e9d16a23324bb3a4db5903b0936-1440x600.webp?w=720&auto=format&fit=max)](/resources/singapore-pr-application-guide) [PR Application](/resources/category/pr-application) Updated March 2026 ### [Definitive Singapore PR Application Guide 2026](/resources/singapore-pr-application-guide) Complete guide to applying for Singapore Permanent Residence in 2026. Covers all 7 eligibility categories, required documents, step-by-step ICA e-Service process, fees, processing timeline, and what to do after approval. Read the Guide ↗ - [![Definitive Singapore Citizenship Application Guide 2026](https://cdn.sanity.io/images/78z7uzbt/production/dbc99001de1f40e674dd27961a238a52d0897e14-1440x600.webp?w=720&auto=format&fit=max)](/resources/singapore-citizenship-guide) [Citizenship](/resources/category/citizenship) Updated March 2026 ### [Definitive Singapore Citizenship Application Guide 2026](/resources/singapore-citizenship-guide) Complete guide to Singapore citizenship application in 2026. Covers eligibility pathways, ICA assessment factors, required documents, step-by-step process, fees, processing times, and the February 2026 policy update on increased intake. Read the Guide ↗ Keep Reading ## Related Posts - [![Can a Singapore Permanent Resident (PR) Buy an HDB Flat in Singapore?](https://cdn.sanity.io/images/78z7uzbt/production/116f7fd069aa5db02af93151493e1936195b993b-2508x1672.jpg?w=720&auto=format&fit=max)](/blog/5-reasons-to-apply-for-singapore-pr) PR Application9 November 2020 ### [Can a Singapore Permanent Resident (PR) Buy an HDB Flat in Singapore?](/blog/5-reasons-to-apply-for-singapore-pr) Read Now ↗ ## Have a question about your own case? Ask us. A first consultation costs nothing and commits you to nothing. You will leave it knowing where your profile actually stands. [Free Expert Consultation↗](/contact#lead-form)[Back to the Blog](/blog)