Investing in Singapore

Diksha Moderator

Member since 01 September 2017

DikshaModerator22 January 2020 08:40:19

4832

Hello everyone,

During your expatriation in Singapore, you might have been made aware of interesting investment schemes (local or international). Whether one wants to make money grow, protect oneself or prepare for retirement, investment is always an attractive option. It is, however, never free of risk. Would you, therefore, like to share some practical information for other expats and expats to be?

Is the Singaporean economy open to foreign investment? Do local authorities encourage investment (through formalities, tax etc.)?

What are the promising sectors to invest and do business in Singapore?

Who do you turn to for information before investing your money? (organisation, professional, lawyer, consultant)

According to the sectors of activity and the projects, what budget should be foreseen for an investment in Singapore?

What do you think are the pitfalls to avoid and what advice would you give someone who wants to invest?

Thanks in advance for your feedback,
Diksha

See also

Singapore's history - Guide
Credit Card Debt for Banks in Singapore - 5 Replies
Credit Debt - Singapore Entry and Departure - 9 Replies
Opening a Bank account in Singapore - 10 Replies
Payment methods in Singapore - 1 Reply
Start company in Singapore - 5 Replies
How to save money in Singapore - 2 Replies

beppi Germany/Singapore Expert

Member since 08 August 2010

Germany & Singapore Expert

beppiGermany/Singapore Expert22 January 2020 13:47:48

15623

There are regulations in place in Singapore requiring a certain experience and knowledge before you can invest in shares and similar speculatice assets. Your bank or brokerage can tell you more about it and determine whether you qualify.

I personally found investment options offered by Singapore banks and financial institutions unattractive. It is easy to open accounts and invest elsewhere, so there is no need to limit yourself to the (small) Singapore market.

On the plus side, all capital gains are tax-free in Singapore.