Singapore remains the premier wealth hub of Asia. However, the days of "pay-to-play" residency are effectively over for most. The government has pivoted to the ONE Pass, a 5-year renewable visa designed for top-tier talent earning a fixed monthly salary of at least S$30,000 (or equivalent in foreign currency).
The "Family Office" Play (13O/13U): For ultra-high-net-worth individuals, establishing a Single Family Office (SFO) remains viable. Under Section 13O, a fund size of S$20M grants tax exemption on investment income and provides Employment Passes for family members to manage the fund.
Territorial System: Singapore residents are taxed on income derived in Singapore or foreign income received in Singapore. Careful banking structuring is required to ensure foreign investment income remains tax-exempt.
Inheritance Strategy: Singapore is one of the few Tier-1 jurisdictions with zero estate duty, making it an ideal location for inter-generational wealth transfer trusts.
| Visa Class | ONE Pass |
| Validity | 5 Years (Renewable) |
| Family Inclusion | Spouse + Kids <21 |
| Tax Regime | Territorial / Low |
| Dual Citizenship | Strictly Forbidden |