Expatriation Singapore - tax comparison
🇸🇬

Singapore

VS
Expatriation Thailand - tax comparison
🇹🇭

Thailand

Singapore vs Thailand

Complete comparison for your tax relocation

Data up to date as of January 15, 2025
Top income tax bracket
24%
🇸🇬 Singapore
vs
35%
🇹🇭 Thailand
Monthly cost (single)
2 200 €
🇸🇬 Singapore
vs
700 €
🇹🇭 Thailand
Safety
8/10
🇸🇬 Singapore
vs
6/10
🇹🇭 Thailand

Taxation

🇸🇬Singapore
🇹🇭Thailand
Top income tax bracket24%35%
Corporate tax17%20%
Capital gains0%0%
VAT9%7%
Tax treaty with FranceYesYes
Special regimeTaxation territoriale et 0 % plus-valuesLong-Term Resident (LTR) Visa
Wealth taxNoNo
Territorial taxationYesYes
🇸🇬

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.

🇹🇭

Long-Term Resident (LTR) Visa

Duration: 10 ans

Le visa LTR lancé en 2022 offre un taux forfaitaire de 17 % sur les revenus thailandais pour les professionnels hautement qualifiés, et une exonération totale sur les revenus de source étrangere pour certaines catégories (retraités fortunés, investisseurs).

Cost of living

🇸🇬Singapore
🇹🇭Thailand
Monthly cost (single)2 200 €700 €
Monthly cost (couple)3 500 €1 100 €
City center rent2 500 €500 €
Outside city rent1 600 €300 €
Private health insurance250 €80 €
Public healthcareAccessibleAccessible

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

🇸🇬 Singapore4 700 €/mo
🇹🇭 Thailand1 200 €/mo

Thailand is approximately 3 500 € cheaper per month in total.

Quality of life

🇸🇬Singapore
🇹🇭Thailand
Average temperature27°C28°C
Safety8/106/10
Health index72/10078/100
Internet300 Mbps200 Mbps
Timezone vs Paris+7h+6h
French-speaking communitySmallSmall
LanguagesAnglais, Mandarin, Malais, TamoulThai, Anglais
CurrencyDollar singapourien (SGD)Baht (THB)
Corruption index83/10036/100
Democracy index6.02/106.35/10

Settling in

🇸🇬Singapore
🇹🇭Thailand
Residence permit delay2 months2 months
Company creation2 days6 days
Bank accountEasyModerate
Political stability9/105.5/10
Ease of business2th worldwide21th worldwide

Summary

🇸🇬

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
🇹🇭

Thailand

  • Top IT: 35% | Corp. tax: 20%
  • Cost of living: 700 €/mo
  • Safety: 6/10 | Health: 78/100
  • Regime: Long-Term Resident (LTR) Visa (10 ans)
View full profile Thailand

Comparative analysis: Singapore vs Thailand

Which country has lower taxes?

In terms of taxation, Singapour is generally more advantageous. The top marginal income tax rate is 24% compared to 35% in Thailande. Corporate tax stands at 17% versus 20%.

Which country is cheaper to live in?

The cost of living is lower in Thailande. A single person spends about 700 EUR/month excluding rent, compared to 2 200 EUR/month in Singapour. City center rent averages 500 EUR versus 2 500 EUR.

Which country is safer?

Singapour scores higher on safety (8/10 versus 6/10). In terms of healthcare, Thailande leads with an index of 78/100 compared to 72/100 for Singapour.

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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.