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![]() Weak-Growth Atmosphere in Real-Estate Investment Today, Hong Kong investment market is suffered by the BSD (Buyer's Stamp Duty) and ABSD (Additional Buyer's Stamp Duty) for Residential Properties since 2012 which aimed to cool down the overheated market but also directly weakened the market and investment initiative, no matter to the local citizens as well as buyers from foreign countries and the Mainland China. PSL in Short-Term Investment The investment in PSL has became a potential investment tool in Hong Kong as it gets rid of any SSD (Seller's Stamp Duty), BSD or ABSD. That means investors can sell the PSL even on the same date they buy without paying any additional tax or duties. And money can be cashed out within 7 business days. PSL in Long-Term Inv... [Details] |
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