The threshold for the First Time Home Buyers on the PTT was increased to $525,000.00 ( it is pro-rated between $500,000.00 and 525,000.00) as of yesterday ( see link below) . No news so far about changes to the PTT tax for the foreigners.
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1 year 1 month ago
Do I need to pay my property taxes if I am selling my property?
Absolutely! Many people think that property taxes are paid July to July… Actually, it is common misconception. We pay property taxes for the calendar year. So in July this year, you will be paying your 2016 property taxes. The amount that was paid by you will be adjusted on the Statement of adjustments by your Notary at the time of a Sale of your property.