Advantages of Singapore PR
Advantages of Singapore PR
Singapore is a well-regulated international financial hub and wealth management centre situated in the heart of Asia.Under the stringent oversight of the Monetary Authority of Singapore (MAS),the country’s financial sector enjoys sustained stability and growth.Owing to Singapore’s territorial tax system, offshore income is generally exempt from taxation,while onshore income is subject to relatively low tax rates.There is no capital gains tax and no estate duty.This favourable tax regime has made Singapore the preferred jurisdiction for affluent families establishing family offices.