$Straits Times Index(STI.SI)$ -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Straits Times Index(STI.SI)$ The super-rich are choosing to stay in Singapore for several reasons.

Firstly, the country offers a relatively low tax rate for high-income individuals and corporations, making it an attractive destination for those seeking to minimize their tax burden.

Secondly, Singapore is known for its political stability and strong rule of law, providing a safe and secure environment for individuals and businesses. Additionally, Singapore offers a high quality of life, with excellent healthcare, education, infrastructure, and a vibrant cultural scene. It is also a global financial and business hub with a well-developed financial sector, strong regulatory framework, and highly skilled workforce.

Moreover, Singapore offers various residency and citizenship options, including the Global Investor Program, which provides a fast track to permanent residency for high-net-worth individuals who invest in the country's economy. The country also has a thriving real estate market, a strong education system, and excellent connectivity to the rest of the world, making it an attractive destination for the super-rich.

Why The Super Rich Are Choosing Singapore?

Richest People in Asia Pouring Into Singapore. Chinese billionaire Jack Ma's Wife has acquired three so-called shophouses in Singapore. The prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street. ---------------------------------------------------------------------------- *Why are more and more wealthy people choosing Singapore? *What impact might this investment have on the local real estate market in Singapore?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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