Expatriation Italy - tax comparison
🇮🇹

Italy

VS
Expatriation Singapore - tax comparison
🇸🇬

Singapore

Italy vs Singapore

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
43%
🇮🇹 Italy
vs
24%
🇸🇬 Singapore
Monthly cost (single)
1 200 €
🇮🇹 Italy
vs
2 200 €
🇸🇬 Singapore
Safety
5/10
🇮🇹 Italy
vs
8/10
🇸🇬 Singapore

Taxation

🇮🇹Italy
🇸🇬Singapore
Top income tax bracket43%24%
Corporate tax24%17%
Capital gains26%0%
VAT22%9%
Tax treaty with FranceYesYes
Special regimeRégime Impatriati (70 % d'exonération)Taxation territoriale et 0 % plus-values
Wealth taxNoNo
Territorial taxationNoYes
🇮🇹

Régime Impatriati (70 % d'exonération)

Duration: 5 ans (prolongeable de 5 ans sous conditions)

Les travailleurs qui transferent leur résidence fiscale en Italie peuvent bénéficier d'une exonération de 70 % de leur revenu imposable (50 % depuis 2024 pour les nouveaux bénéficiaires). Seuls 30 à 50 % des revenus sont effectivement imposés, ce qui réduit considérablement la charge fiscale.

🇸🇬

Taxation territoriale et 0 % plus-values

Duration: Permanente (systeme par défaut)

Singapour ne taxe pas les plus-values personnelles et applique une imposition territoriale : seuls les revenus de source singapourienne ou rapatriés à Singapour sont imposés. Les taux d'imposition sont tres progressifs et bas.

Cost of living

🇮🇹Italy
🇸🇬Singapore
Monthly cost (single)1 200 €2 200 €
Monthly cost (couple)1 900 €3 500 €
City center rent900 €2 500 €
Outside city rent550 €1 600 €
Private health insurance0 €250 €
Public healthcareAccessibleAccessible

Estimated total monthly budget (single, with city center rent)

🇮🇹 Italy2 100 €/mo
🇸🇬 Singapore4 700 €/mo

Italy is approximately 2 600 € cheaper per month in total.

Quality of life

🇮🇹Italy
🇸🇬Singapore
Average temperature15°C27°C
Safety5/108/10
Health index65/10072/100
Internet80 Mbps300 Mbps
Timezone vs Paris+0h+7h
French-speaking communitySmallSmall
LanguagesItalienAnglais, Mandarin, Malais, Tamoul
CurrencyEuro (EUR)Dollar singapourien (SGD)
Corruption index56/10083/100
Democracy index7.69/106.02/10

Settling in

🇮🇹Italy
🇸🇬Singapore
Residence permit delay6 months2 months
Company creation11 days2 days
Bank accountModerateEasy
Political stability7/109/10
Ease of business58th worldwide2th worldwide

Summary

🇮🇹

Italy

  • Top IT: 43% | Corp. tax: 24%
  • Cost of living: 1 200 €/mo
  • Safety: 5/10 | Health: 65/100
  • Regime: Régime Impatriati (70 % d'exonération) (5 ans (prolongeable de 5 ans sous conditions))
View full profile Italy
🇸🇬

Singapore

  • Top IT: 24% | Corp. tax: 17%
  • Cost of living: 2 200 €/mo
  • Safety: 8/10 | Health: 72/100
  • Regime: Taxation territoriale et 0 % plus-values (Permanente (systeme par défaut))
View full profile Singapore

Comparative analysis: Italy vs Singapore

Which country has lower taxes?

In terms of taxation, Singapour is generally more advantageous. The top marginal income tax rate is 24% compared to 43% in Italie. Corporate tax stands at 17% versus 24%. Capital gains are taxed at 0% in Singapore versus 26% in Italy.

Which country is cheaper to live in?

The cost of living is lower in Italie. A single person spends about 1 200 EUR/month excluding rent, compared to 2 200 EUR/month in Singapour. City center rent averages 900 EUR versus 2 500 EUR.

Which country is safer?

Singapour scores higher on safety (8/10 versus 5/10). In terms of healthcare, Singapour leads with an index of 72/100 compared to 65/100 for Italie.

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.