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Hong Kong – Selling Property

  • List the property: Advertise the property on real estate websites, classifieds, and social media. Make sure to include photos, descriptions, and the asking price.
  • Prepare the contract: Draft a sales and purchase agreement with the help of a lawyer.
  • Show the property: Schedule viewings and show the property to potential buyers.
  • Negotiate price: Once a buyer is interested, negotiate the price and agree on the terms of the sale.
  • Complete the sale: Sign the sales and purchase agreement and transfer the ownership of the property.

Capital Gains Tax in Hong Kong

Capital gains tax is not applicable in Hong Kong for individuals. Only corporations are subject to profits tax on their capital gains from property sales.

Ease of Selling a Property Yourself in Hong Kong

Selling a property yourself in Hong Kong can be challenging without the help of a real estate agent. However, with the rise of online property platforms and increased access to information, the process has become easier for individuals.

Property Exchange in Hong Kong

Property exchange is not very common in Hong Kong as the majority of property transactions involve direct sales between the buyer and seller.

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