Haidilao Founder Zhang YongImmigration to Singapore , and once became the richest man in Singapore.
Mindray Medical Li Xiting immigrated to Singapore and defeated Zhang Yong this year to become the richest man in Singapore.
AlipayPeng Lei immigrated to Singapore and purchased a luxury house worth RMB 2 billion.
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Since this year, the Monetary Authority of Singapore has received applications from 143 family offices (established by the rich people who have gone out), and 63 of are from in my country.
is the top ten of the latest Singapore rich people rankings, most of which come from China. According to reports, Chinese high-net-worth individuals who plan to move to Singapore this year estimate that has more than 500 people , and will also take away at least $2.4 billion in wealth.
In addition, according to HSBC forecast, by 2030, Singapore will become the country with the highest proportion of millionaires in the Asia-Pacific region.
And we all know that Singapore’s land area is very small, only 719.1 square kilometers, which is about the same area as Zhuhai City, Guangdong.
Then why do so many rich people love to immigrate to Singapore?
is just one word, because of money.
Singapore is called a tax haven. It is one of the countries with the lowest tax levies in the world. Its national modernization level is very high. It not only allows the wealthy to maximize the money, but also continue to live a luxurious life. It is also more secure than ugly beauty. In the end, even the living habits and language are roughly understood, so it has become the first choice for the wealthy.
The maximum personal income tax rate in Singapore shall not exceed 22%, and the maximum corporate income tax rate shall be 17%. In my country, the personal income tax rate is 45%, and the corporate income tax rate is generally 25%.
Not only that, Singapore does not have inheritance tax and capital gains tax, which is more comfortable than ugly beauty. How could capital not choose him?
In addition, Singapore is one of the world's leading private banking and wealth management centers, with the safest bank in Asia. At the same time, Singapore passport visa-free 192 destinations, including the mainland, which is very convenient for the global corporate business transactions of the rich.
Because of this, Singapore has become a place that rich people from all over the world like to go.
However, Singapore may not attract so many wealthy people in the future.
On August 16, Singapore's current Vice Prime Minister and Minister of Finance and next Prime Minister Wong Xuncai said in an interview with Bloomberg that "Singapore is considering increasing taxes to the rich in five aspects, including restarting estate tax, levying capital gains tax, levied wealth tax, reducing charitable tax incentives, increasing the existing tax rate, etc.."
In July, Director of the Monetary Authority of Singapore Ravi Menon said in a speech at the Institute of Policy Research that may need to impose real estate value-added tax or inheritance tax to solve the problem of wealth inequality . Menon also said that it might be reasonable to shift the tax burden from income tax to wealth tax in order to promote an inclusive society.
Why is this?
In the post-epidemic era, the global economy has been declining, and the finances of all countries are very tight, and Singapore is no exception. If you want to maintain social wealth, you want to equalize the wealth, reduce the gap between the rich and the poor, and increase taxes on high-income people, it will become a major trend.
#I want to go to headlines# #Singapore#
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