Singapore - Settling in Singapore
🇸🇬

Singapore

AsiaTaxation territoriale et 0 % plus-valuesTerritorial taxation

Singapore is a global financial hub renowned for its attractive taxation, political stability and administrative efficiency. With a top rate of 24%, no capital gains tax and a territorial system, the city-state attracts entrepreneurs, investors and international executives. The cost of living is high, but the quality of infrastructure and safety are exceptional.

Top income bracket
24%
Corporate tax
17%
Capital gains
0%
Cost of living
2 200 €/mois
FR treaty
Yes
Last verification: January 15, 2025

Taxation

Income tax brackets

BracketRate
0 € 20 000 €0 %
20 000 € 30 000 €2 %
30 000 € 40 000 €3.5 %
40 000 € 80 000 €7 %
80 000 € 120 000 €11.5 %
120 000 € 160 000 €15 %
160 000 € 200 000 €18 %
200 000 € 240 000 €19 %
240 000 € 280 000 €19.5 %
280 000 € 320 000 €20 %
320 000 € 500 000 €22 %
500 000 € 1 000 000 €23 %
1 000 000 € unlimited24 %

Corporate tax

17 %

Capital gains

0 %

VAT

9 %

Special regime : Taxation territoriale et 0 % plus-values

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.

Duration

Permanente (systeme par défaut)

Eligibility

Devenir résident fiscal à Singapour (présence de 183 jours/an ou emploi permanent). Obtenir un permis de travail ou un statut de résident permanent.

Benefits
  • 0 % d'impot sur les plus-values personnelles
  • Taux maximum de 24 % (contre 45 % en France)
  • Pas d'impot sur les dividendes reçus par les particuliers
  • Pas d'impot sur les successions et donations
Tax treaty with France
Territorial taxation
Wealth tax

Visa options

EntrePass

entrepreneur

Duration: 1 an renouvelable

Cost: 200 SGD (environ 140 EUR)

Requirements: Créer une société à Singapour enregistrée auprès de l'ACRA depuis moins de 6 mois. Capital minimum de 50 000 SGD. Business plan innovant dans la tech, le commerce ou un secteur stratégique.

Employment Pass (EP)

skilled-worker

Duration: 2 ans renouvelable

Cost: 225 SGD (environ 155 EUR)

Requirements: Offre d'emploi d'une entreprise singapourienne. Salaire minimum de 5 600 SGD/mois (plus élevé pour le secteur financier). Diplome universitaire reconnu.

Global Investor Programme (GIP)

investisseur

Duration: Résidence permanente

Cost: 7 000 SGD (environ 4 800 EUR)

Requirements: Investissement de 10 millions SGD minimum dans une entreprise, un fonds agréé ou un family office à Singapour.

Living in Singapour

Popular locations among expatriates

Marina Bay Sands
Marina Bay Sands
Singapour, Gardens
Singapour, Gardens
Quartier résidentiel
Quartier résidentiel

Cost of living

Comparison with the French average (vertical line)

Currency : Dollar singapourien (SGD)Exchange rate : 1 SGD = 0.6714

Single person

Monthly budget2 200 €/month
Difference / France+1 250 €/month

Couple

Monthly budget3 500 €/month
Difference / France+1 980 €/month

City center rent

1-bedroom apartment2 500 €/month
Difference / France+1 650 €/month

Outside city center rent

1-bedroom apartment1 600 €/month
Difference / France+950 €/month

Singapore is one of the most expensive cities in the world. A single person should budget around €2,200/month excluding rent. Rents are very high, especially in the CBD. Public transport is excellent and affordable, while food at hawker centres remains cheap.

Settling in Singapour

Practical indicators to prepare your relocation

Safety & stability

Safety8/10
Political stability9/10
Healthcare system72/100
Corruption index83/100
Democracy index6.02/10
Government typeRépublique parlementaire

Procedures

Residence permit2 months
Bank accountEasy
Public healthcareAccessible
Health insurance250 €/months

Start a business

Setup time2 days
Ease of business#2 worldwide
Effective corp. tax17%

Settling in Singapore requires an Employment Pass (minimum salary SGD 5,600/month), an EntrePass (entrepreneurs) or a major investment (GIP at SGD 10 million). The process is efficient and fast, typical of Singaporean administration. The city-state is highly organised with strict rules but an exceptional living environment. The international expat community is large with English schools. Entry costs are high but quality of life justifies the investment.

Singapore's health system is one of the world's best, combining a subsidised public branch (Medisave, Medishield) and a top-tier private sector. Public hospitals (SGH, NUH) offer excellent care at reasonable rates. Private care is very expensive. Expats need health insurance — expect €200-400/month for good coverage.

Quality of life

Singapore is the safest city in the world with cutting-edge infrastructure, an excellent health system and ultra-fast internet. The climate is tropical (hot and humid year-round). The international expat community is large with English schools and active business associations.

27°C
Avg. temperature
300 Mbps
Internet
UTC+7h
vs Paris
Anglais, Mandarin, Malais, Tamoul
Language(s)

Pros and cons

Advantages

  • 0% capital gains and dividends tax
  • Maximum income tax rate of 24%, very progressive
  • Exceptional safety, stability and administrative efficiency
  • Leading financial and tech hub in Asia

Disadvantages

  • Cost of living and rents among the highest in the world
  • Tropical hot and humid climate year-round
  • Small city-state with limited nature access
  • Time difference of +7h with continental Europe

Need help with your relocation to Singapour ?

Our partner experts help you with your tax and administrative procedures.

Talk to an expert

Sources

Verified on January 15, 2025

All data on this page comes from public and institutional sources.

FAQ

What is the tax rate in Singapore?

The top marginal income tax rate in Singapore is 24%. The corporate tax rate is 17%. A special regime exists: Taxation territoriale et 0 % plus-values.

What is the cost of living in Singapore?

The monthly cost of living for a single person in Singapore is approximately 2200 EUR (excluding rent). City center rent costs around 2500 EUR per month.

Is there a tax treaty between the United Kingdom and Singapore?

Check HMRC for the current status of the tax treaty between the United Kingdom and Singapore.

These results are estimates.

The data presented are estimates and do not constitute tax advice. Consult a professional for your personal situation.