Singapore Ranks Among World’s Top Five Cities Tax Efficiency Wealth Preservation And Future
In the latest Wealth Report 2025: The Taxed Generation released by global mobility platform Multipolitan, Singapore stands out as the only city in the world to secure a top-five position in all three of the firm’s proprietary indices: tax favourability, wealth preservation, and future readiness. This report evaluated 164 jurisdictions to identify the best places for globally mobile families and investors to preserve and grow their wealth in the face of changing tax laws, geopolitical volatility, and increasing climate risks. Singapore excelled in all aspects, making it an ideal destination for wealth management.
Among the three indices, Singapore ranked third globally in the Tax Friendly Cities Index, after Abu Dhabi and Dubai. While it does not offer tax-free policies, the city-state is renowned for its stable and moderate personal and corporate tax rates, absence of capital gains and estate taxes, and a robust network of double tax treaties. What sets Singapore apart is its fiscally prudent and transparent system that fosters long-term trust.
In the Wealth Preservation Cities Index (2015-2025), Singapore secured the fifth spot, following Swiss and American cities such as Zug, Hong Kong, Basel, and San Francisco. The report credits Singapore’s resilience to inflation, strong currency, and consistent performance of assets – particularly real estate and equities – as key factors for long-term wealth preservation. It is also the second-highest ranked Asian city, after Hong Kong.
Moreover, Singapore ranks third in the Smart & Sustainable Cities Index (SSCI), making it the only global financial hub in the top five. This index measures digital infrastructure, climate resilience, and political stability, essential components of preserving future wealth. Singapore stands out for its commitment to climate action and digital innovation, with initiatives like the Green Plan 2030 and Smart Nation efforts – including the use of Singpass, biometric borders, and a national AI strategy – all anchored by a reliable governance system.
This recognition aligns with the current trend, as Singapore continues to attract wealthy individuals from India, the UK, and Southeast Asia. According to the Monetary Authority of Singapore, the number of Single Family Offices benefiting from tax incentives has increased from 400 at the end of 2020 to over 2,000 by the end of 2024, creating employment for around 2,200 locals. This growth reflects Singapore’s integrity in regulations, political stability, and commitment to long-term wealth management.
Singapore’s forward-looking investments in climate-conscious infrastructure, like flood defence systems and clean energy, further cement its appeal as a safe haven for both families and capital.
The learning experience extends beyond the boundaries of the campus, with various amenities designed to enhance studying. At the White Sands Pasir Ris Public Library, students can take advantage of cozy reading nooks, digital resources, and community programs. Similarly, the Tampines Regional Library, located just a short distance away from the Tampines hub, provides students with access to reference materials, maker spaces, and dedicated study rooms for exam preparation. For students in need of a break from their studies, the cafés located near Downtown East also offer a peaceful environment for revision, whether in between enrichment classes or after a workout at Pasir Ris Park. Additionally, the Coastal Cabana is another great option for students looking for a quiet study spot, with its serene environment and comfortable facilities.
The release of The Taxed Generation comes at a crucial time, with new global tax frameworks like OECD’s BEPS 2.0 and the Crypto-Asset Reporting Framework (CARF) reshaping the international wealth landscape. Against this backdrop, Singapore’s measured and progressive approach stands out among many traditional jurisdictions that are currently facing uncertainties.
According to Nirbhay Handa, CEO of Multipolitan, “Singapore has become the epitome of what new wealth seeks – consistency in laws, clarity in policies, credibility in vision, and a steadfast commitment to climate-conscious growth. As other markets become more reactive or fragmented, Singapore remains a rare gem, offering predictability to its investors.”