Tax guide for Singapore: tax on rent and sale

What you need to know

1. What tax do I pay on rent if I live abroad?

   Tax on rent from a home in Singapore, for an owner who lives abroad: Non-residents pay 24% on rent, after deducting 15% of the rent as expenses plus mortgage interest. Yearly property tax on a home you do not live in: 12% to 36% of its annual value.

   Where this comes from

   • IRAS, Individual Income Tax rates, read 8 October 2026

2. Is there tax when I sell a home in Singapore?

   Tax when an owner who lives abroad sells a home in Singapore: No tax on the gain unless you trade in property. Seller's stamp duty if sold within 4 years: 16%, 12%, 8%, 4% (bought from 4 July 2025).

   Where this comes from

   • Monetary Authority of Singapore: FAQ on MAS Notice 757 (all exchange controls abolished since 1978; free to remit in and out), read 12 October 2026

3. Is there a tax when the owner dies?

   Inheriting a home in Singapore: No estate duty for deaths on or after 15 February 2008.

   Where this comes from

   • IRAS: Estate duty, read 8 October 2026

4. Can I take my sale money out of Singapore?

   Tax when an owner who lives abroad sells a home in Singapore: Money can be taken out freely: Singapore abolished all exchange controls in 1978.

   Where this comes from

   • Monetary Authority of Singapore: FAQ on MAS Notice 757 (all exchange controls abolished since 1978; free to remit in and out), read 12 October 2026