Asked by Anonymous
My wife is a Malaysian in Johore, and currently a PR in Singapore.
She has the intention to apply for Singapore citizen. And has a semi-d in Johore with her sister (Malaysian).
We have the following questions:-
1) Will she be required to sell her landed if her Singapore citizenship is approved?
2) do we need to get a lawyer from Malaysia in the meantime for any paperwork to be done?
3) how will bank financing be affected? (Currently has a small outstanding loan with Maybank)
4) if we decided to sell the property years later after she has her Singapore citizenship, what are the taxes?
Thanks in advance.
She has the intention to apply for Singapore citizen. And has a semi-d in Johore with her sister (Malaysian).
We have the following questions:-
1) Will she be required to sell her landed if her Singapore citizenship is approved?
2) do we need to get a lawyer from Malaysia in the meantime for any paperwork to be done?
3) how will bank financing be affected? (Currently has a small outstanding loan with Maybank)
4) if we decided to sell the property years later after she has her Singapore citizenship, what are the taxes?
Thanks in advance.
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