Singapore — Taxes
- No capital gains tax
- Foreign income is generally not taxed unless received in Singapore
- Top personal income tax rate is 24%; corporate tax is 17%
- No inheritance or estate duty; a one-tier system means dividends are not taxed again
- GIP gives permanent residence, not citizenship — and dual citizenship is not allowed
A low-tax hub, but read the residence rules
Singapore levies no capital gains tax, no inheritance tax, and under its one-tier system dividends are not taxed a second time. Personal income tax is progressive to a top rate of 24%, corporate tax is 17%, and GST is 9%. Foreign-sourced income is generally not taxed unless received in Singapore, though the rules have conditions.
GIP is residence, not a passport
The Global Investor Programme grants permanent residence for a main applicant investing from SGD 10 million in a business, SGD 25 million in a GIP-select fund, or running a qualifying single family office. It is a demanding, discretionary route aimed at established business owners and principals — not a passive investment ticket.
The citizenship reality
Singapore does not allow dual citizenship. Naturalisation is possible only after a period as a permanent resident, is entirely discretionary, and requires renouncing your original nationality. Treat GIP as a premier residence and business base, and weigh naturalisation as a separate, later decision.
Residency, tax residence and duties elsewhere
Becoming a Singapore tax resident turns on days of presence and employment, not on holding PR, and PR does not remove obligations to a country that taxes on citizenship, such as the United States. Compare Singapore with the residence route of Thailand and the zero-tax Gulf option of the UAE, read our residency hub and tax hub, and see how each figure is checked in our methodology.
Freedom. Anywhere.
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What we do for you
Citizenship or residence, the honest answer often is not the one you arrived with. We take the whole procedure with you — eligibility, the route that fits your situation, the file, the follow-up — with one person on your side throughout.
For Singapore specifically, you are talking to someone who already knows the file: who to speak to on the ground, what the unit actually asks for, and the points where applications stall.
- One point of contact, from the first call to the certificate
- Vetted partners on the ground — law firms, licensed agents, banks — introduced, not listed
- It starts with a short qualifying call, and no, it is not a sales call
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