Welcome back to Real Talk with John Keells Properties, where we simplify real estate investing to help you make smarter, more secure decisions.

In this episode, we focus on a crucial question that every buyer should ask-especially if you’re based overseas:

“What taxes do I need to pay when purchasing this apartment?”

It’s one of the most important-and most overlooked-steps in the investment journey.

1. Don’t Assume the Tax Is the Same for Everyone

Buyers often make the mistake of thinking that taxes are fixed — but they’re not.

Why it matters:

• Your tax liability can vary depending on whether you’re a local or overseas buyer.
• Some taxes that may apply include stamp duty, VAT, and SSCL.
• Knowing this early helps you plan ahead and avoid unexpected costs.

2. Ask the Right People, Not Just Around

Instead of relying on assumptions or secondhand advice, go straight to the source.

Why this matters:

• Speak to a lawyer or tax consultant to get clear, professional guidance.
• They’ll explain exactly what applies to your specific situation — and what doesn’t.
• This helps avoid delays, legal issues, or surprises at the final stage of your purchase.

Final Thoughts: One Simple Question, Smarter Investment

Asking “What taxes do I need to pay?” is a small step-but it can make a big difference.

Whether you’re based in Sri Lanka or overseas, clarity on your tax obligations is key to a smooth and stress-free property purchase.

Stay tuned for the next episode of Real Talk with JKP, where we’ll continue to share practical, actionable advice to support your property journey.

Watch the episode here: Real Talk with JKP – Episode 7