Foreigners are taxed additional 15 % for purchasing new homes in Hong Kong . `` It 's a surprising policy because I think Hong Kong is a very free market The government is also trying to get the property market under control by raising taxes on foreign buyers and restricting their ability to buy properties without a local guarantor. Chinese would-be home buyer calls new policy `` unfair ''
Foreigners are taxed additional 15 % for purchasing new homes in Hong Kong . The government is also trying to get the property market under control by raising taxes on foreign buyers and restricting their ability to buy properties without a local guarantor. Chinese would-be home buyer calls new policy `` unfair ''