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Singapore

SGP

Singapore holds the world's second most powerful passport and operates a territorial tax system with no capital gains or inheritance tax, making it one of the most tax-efficient jurisdictions for high earners. Its exceptional safety, healthcare, and infrastructure come with a premium cost of living.

Passport Rank

#2

Visa-Free

193

destinations

Country Details

Capital
Singapore
Currency
Singapore Dollar (SGD)
Languages
English, Mandarin, Malay, Tamil
Population
5,920,000
Tax System
Territorial
Dual Citizenship
Not allowed
Naturalisation
2 years
Schengen / EU
No
Climate
Tropical
English Proficiency Rank
#7
Territorial Taxation
Yes β€” foreign-sourced income may not be taxed

Indices

Cost of Living

85

Safety

88

Healthcare

87

Quality of Life

198