Singapore's Tax Appeal for Immigration

Singapore's Tax Appeal for Immigration

Singapore has consistently ranked among the most sought-after immigration destinations for Chinese nationals, thanks to its:

  • Advanced economy
  • Relative freedom
  • Predominantly Chinese ethnic makeup
  • Powerful passport (visa-free access to 190 countries and regions)
  • Simple tax system with low rates

However, given Singapore's competitive edge, its Residence By Investment (RBI) programs maintain stringent requirements, refusing to compromise standards or dilute the value of residency. As of publication, there are three pathways to Singapore residency:

  1. Business Investment: Invest SGD 2.5 million (CNY 11.7 million) to establish a new enterprise or expand an existing business
  2. Fund Investment: Invest SGD 2.5 million in approved funds
  3. Family Office: Invest SGD 2.5 million to establish a family office managing minimum assets of:
    • SGD 200 million (CNY 930 million) total
    • Including SGD 50 million (CNY 230 million) in Singapore assets
    • And SGD 150 million (CNY 700 million) in offshore assets

Beyond financial requirements, the Lion City imposes numerous other stringent criteria. After securing permanent residency and residing for two years, individuals can apply for citizenship. Note that Singapore strictly enforces its policy against dual citizenship.