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Can hdb owner buy overseas property

Can hdb owner buy overseas property

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Frequently asked question among hdb owners who wish to invest into overseas property is "I own a HDB, can I buy overseas property?"
Another question is "Do i need to sell my HDB if I wish to invest in overseas property?"

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It is very common for Singaporean and SPR to own HDB as their first property. Once they fulfill their Minimum Occupation Period (MOP), basically they can invest in another property with the restriction, if both are PR's they must sell their HDB if they plan to buy Singapore private residential.
Some of them may want to venture into overseas property market due to higher return and lower tax offered in that particular country. The most common question asked is "Can I buy overseas property if i own an HDB"

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