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| Singapore Strong | |
|---|---|
| Tax system | Territorial for individuals: foreign income received is generally exempt Verified |
| Income tax (top) | 24% Verified |
| Capital gains | 0% Secondary |
| Dividends | 0% Secondary |
| Interest | 0% on most individual deposits and bonds Unverified |
| Inheritance | None (estate duty abolished 2008) Verified |
| Wealth tax | None Unverified |
| Foreign income | Exempt, even when brought into Singapore Verified |
| Corporate tax | 17% Verified |
| VAT | 9% GST Unverified |
| Becoming tax resident | 183 days in a calendar year, or ordinarily resident Verified |
| UK treaty | Yes (1997 treaty, in force) Verified |
| Cheapest residence route | USD 5,000 |
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