- Singapore’s average wealth per adult is currently US$282,000 (5th in the world)
- The number of High-Net-Worth (HNW) individuals rose 21.5% in 2012
- HNW Individuals hold USD 857 billion in wealth
- The number of HNW individuals in Singapore expected to rise 58% by 2017
- HNW Individual wealth expected to surpass USD 1.38 trillion by 2017
- Assets under management across Singapore hit a record high of USD 1.29 trillion
The degree of wealth shifting to Singapore is truly staggering so it is important to look at why wealthy individuals from across the globe are seeking to make Singapore their new home. Highlighted below are some of the key reasons we are seeking such rapid growth in the number of HNW individuals shifting to Singapore.
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Financial instruments
Financial Market Infrastructure
Financial Structure and Economic growth
High Net woth Individual HNW
Monetary Authority of Singapore MAS
No Tax on Capital Gains
Singapore Central Bank
Singapore Economic Data
Singapore Economic Growth
Singapore Financial Hub of Asia
Singapore Income Tax Rates
Stability of Singapore Dollars
Strategic Infrastructure to support economic growth