Alan Moore Administrator
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Joined: Aug 2005 Posts: 12 Karma: 0 |  | Re: Tax Free « Reply #1 on Aug 28, 2006, 1:25am » | |
Yes Purple Parrot, foreigners can avail of tax free status in regards to property and business. Basically the government have placed creain areas in a tax-free zone which means that when you complete the purchase of your property you are exempt from the 5% property tax.
If you wish I can send you a fact sheet?
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