
You can probably count with one hand the places where you can live better than in Singapore. This high-tech city-state has one of the best life qualities on the planet and is a top financial destination. Living in Singapore is only for the most demanding Mundo readers who are seeking to establish their family office in one of the top destinations of the world while investing in one of the financial Meccas of the Far-East.
Singapore has almost everything a high net worth individual needs to live there, from all the comfort and luxury a place can offer to low taxes and opportunities to thrive economically.
Why should you apply for the residency by investment in Singapore?
-Low taxes: Singapore has a territorial tax system, which means you will only pay taxes over your Singapore-remitted income and if you set your tax residency in Singapore, no other country will be able to claim taxes over your worldwide income. Plus, Singapore is a low-tax jurisdiction with a top income tax of 22%, which is half of the top income tax of many OECD nations.
-Wonderful life quality: Singapore is ranked as the best city to live in Asia in most specialized rankings. You will have any comfort and luxury you want and the city has the most millionaires per capita in the world. It is safe, it has excellent services, and it is a multicultural place where almost everyone speaks English.
-Excellent banking: Singapore offers one of the best banking systems on the planet. Its banks are safe, cutting-edge, and multicurrency. This means keeping your money in a bank in Singapore will help both your asset protection and diversification strategies.
-Connected with the world: Singapore’s Changi Airport is widely considered the best in the world. The airport serves over 100 airlines to almost 400 cities in over 100 countries in the world including many American cities and most major European and Asian destinations.
-COVID-19 under control: Singapore has been one of the few countries to manage COVID-19 successfully as it has months without significant case surges. The country has not announced 100 cases in one day since mid-August.
-Excellent corporate structures: Singapore has amazing tax breaks for offshore funds, startups, and banks and its flexible legislation makes it a top place for incorporating a company.
-Great investment options for the RBI program: Singapore has some of the most stable funds on the planet, which means that your investment for the residency program will be highly profitable. If you incorporate a business in Singapore, many different business endeavors can succeed on the island, such as fintech, IT, and shipping. Our experts have access to a high tech education business that will also allow you to receive the RBI.