Singapore
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Singapore

Asia's financial hub with zero capital gains tax

Tax Score: 9/10
⭐ Featured Destination

Income Tax

0–22% (progressive, max 22%)

Corporate Tax

17%

Capital Gains

0% (no capital gains tax; trading income may be taxable)

Tax Benefits

Zero Capital Gains Tax

Singapore does not levy capital gains tax in most cases, making it attractive for investors and wealth structuring.

No Dividend Tax

Dividends from Singapore companies are generally not taxed in the hands of shareholders.

Extensive Tax Treaty Network

Singapore has over 90 comprehensive double taxation agreements, minimizing withholding taxes on cross-border income.

Residency & Visa Programs

Global Investor Programme (GIP)

Permanent residency pathway for high-net-worth individuals through qualifying investments in Singapore.

Requirements

SGD 2.5M+ in qualifying business or GIP fund

Processing

6–12 months

Min. Investment

SGD 2,500,000 (~$1.85M)

Employment Pass

Permanent residency pathway for high-net-worth individuals through qualifying investments in Singapore.

Requirements

SGD 5,000+/month salary, degree-level qualifications

Processing

3–8 weeks

Min. Investment

None

Real Estate Market

Singapore's property market is among Asia's most prestigious. Foreigners can purchase condominiums, but are subject to significant Additional Buyer’s Stamp Duty (ABSD). Landed property ownership is highly restricted.

  • Prime CCR condos: SGD 2,500–5,000+/sqft

Cost of Living

Rent 1BR (Central)

SGD 3,000–5,500/mo

Groceries (monthly)

SGD 400–700

Dining out

SGD 5–40/meal

Singapore is one of Asia’s most expensive cities, but offers exceptional safety, infrastructure, and quality of life.

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Data last reviewed: January 2024