03/05/2023
The 10 Reasons Why Singapore is an Attractive Investment and Liveable Destination
Singapore’s global economic standing, stable political landscape and support for innovation, among other factors, have placed the island nation among the most successful cities in the world in attracting foreign investment.
1. Singapore offers you excellent quality of life and is the top safest country in the world
https://www.edb.gov.sg/en/why-singapore/a-great-place-to-live.html
2. Low Corporate Tax Rate
https://www.iras.gov.sg/quick-links/tax-rates/corporate-income-tax-rates
3. No Capital Gains Tax in Singapore
https://pwco.com.sg/guides/capital-gain-tax-singapore/
4. International Tax
Foreign Exchange Control: There are no significant restrictions on foreign exchange transactions and capital movements. Funds may flow freely into and out of Singapore
https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-singaporehighlights-2022.pdf
5. SINGAPORE has been ranked the third most preferred destination for cross-border real estate investment in Asia-Pacific in 2022 - by CBRE
https://www.businesstimes.com.sg/property/singapore-third-most-preferred-destination-apac-cross-border-real-estate-investment-2022
6. Second Easiest Place in The World Bank in its ‘Doing Business’ 2020 report
https://www.businesstimes.com.sg/international/asean/singapore-2nd-place-ease-doing-business-world-bank
7. Common Stamp Duty Remissions and Reliefs for Property Under the respective FTAs, Nationals or Permanent Residents
https://www.iras.gov.sg/taxes/stamp-duty/for-property/appeals-refunds-reliefs-and-remissions/common-stamp-duty-remissions-and-reliefs-for-property/foreigners-eligible-for-absd-remission-under-free-trade-agreements-(ftas)
8. The World's Most Innovative Countries
https://www.statista.com/chart/18804/rankings-of-the-global-innovation-index/
9. No Withholding Tax on Dividends
https://www.iras.gov.sg/taxes/withholding-tax/payments-to-non-resident-company/payments-that-are-not-subject-to-withholding-tax
10. Double Tax Deduction for Internationalisation Scheme
https://www.iras.gov.sg/taxes/corporate-income-tax/income-deductions-for-companies/business-expenses/double-tax-deduction-for-internationalisation-scheme
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