Property News · August 27, 2019

Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property


The interest of Hong Kong people in purchasing properties situated outside Hong Kong has been on the rise in recent years. At the same time, there has also been an increase in the number of companies, including licensed property agents, taking part in the sale of such properties. However, most consumers have limited knowledge of foreign regulatory regimes and taxation systems governing the purchase or leasing of these properties by foreign buyers. In particular, purchasing an incomplete…

Source : South China Morning Post
Read more…Hong Kong watchdog extends purview to regulate licensed property agents selling incomplete overseas property

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