Singapore ranks among world’s top five cities for tax efficiency, wealth preservation, and future readiness
Singapore is the only city worldwide to secure a top-five position across all three of the firm’s proprietary indices: tax favourability, wealth preservation, and future readiness (Photo: Albert Chua/EdgeProp Singapore)
In the newly released Wealth Report 2025: The Taxed Generation by global mobility platform Multipolitan, Singapore is the only city worldwide to secure a top-five position across all three of the firm’s proprietary indices: tax favourability, wealth preservation, and future readiness.
The report assessed 164 jurisdictions to identify where globally mobile families and investors can most confidently preserve and grow their wealth amid shifting tax codes, geopolitical volatility, and mounting climate risks. Cities were ranked on tax levels, capital protection, long-term risk management, and strategic planning support, and Singapore checked every box.
In the Tax Friendly Cities Index, Singapore ranks third globally, behind Abu Dhabi and Dubai. While it does not offer zero taxation, the city-state is recognised for its moderate yet stable personal and corporate tax rates, the absence of capital gains and estate taxes, and one of the world’s most comprehensive networks of double tax treaties. What sets Singapore apart is not tax leniency but a fiscally intelligent, transparent regime that fosters long-term trust.
In the Wealth Preservation Cities Index (2015–2025), Singapore ranks fifth, trailing its Swiss and American peers, including Zug, Hong Kong, Basel, and San Francisco. The report credits Singapore’s resilience to inflation, currency strength, and durable asset performance — particularly in real estate and equities — as key factors underpinning its long-term wealth protection. It is the second-highest ranked Asian city, after Hong Kong.
Singapore also ranks third in the Smart & Sustainable Cities Index (SSCI), making it the only global financial hub to appear in the top five. This index measures digital infrastructure, climate resilience, and political stability — the core pillars of future wealth preservation. Singapore stands out for its bold climate action and digital innovation, with the Green Plan 2030 and Smart Nation initiatives such as Singpass, biometric borders, and a national AI strategy, all anchored by reliable governance.
This recognition aligns with broader trends. Singapore continues to attract wealth migration from India, the UK, and Southeast Asia.
According to the Monetary Authority of Singapore, the number of Single Family Offices awarded tax incentives surged from 400 at end‑2020 to over 2,000 by end‑2024, employing around 2,200 locals. This growth reflects Singapore’s regulatory integrity, political stability, and commitment to long-term wealth stewardship.
Handa: Singapore has become what new wealth is truly seeking: consistency in law, clarity in policy, credibility in vision, and a commitment to climate-conscious growth (Source: Multipolitan)
Meanwhile, the city-state’s climate-forward investments — including flood defence systems and clean infrastructure — further reinforce its appeal as a safe harbour for both families and capital.
The release of The Taxed Generation comes at a pivotal moment. With new global tax frameworks, such as OECD’s BEPS 2.0 and the Crypto-Asset Reporting Framework (CARF), reshaping the international wealth landscape, Singapore’s measured, forward-looking approach stands in stark contrast to the uncertainty clouding many traditional wealth jurisdictions.
“Singapore has become what new wealth is truly seeking: consistency in law, clarity in policy, credibility in vision, and a commitment to climate-conscious growth,” says Nirbhay Handa, CEO of Multipolitan. “As other markets grow more reactive or fragmented, Singapore continues to offer something increasingly rare — predictability.”
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