Do I need to calculate stamp duty before buying land overseas?

Yes. Working out stamp duty before you buy land abroad is imperative because of how big an expense it usually is. Stamp duty rates, eligibility, and exemptions tend vary greatly between countries, it helps if you research the specific rules for the destination you are buying in.

Furthermore, some regions have different rules for non-residents, which can also impact the total amount. As such, it’s worth consulting local experts or legal advisors if you want a clear picture of these costs and to avoid surprises.

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