Why Choose Singapore? Some Facts.


Map of the world, colour-coded by Ease of Doin...

Map of the world, colour-coded by Ease of Doing Business Index rank. Dark green is first quartile, light green is second quartile, the third colour is third quartile, red is fourth quartile. Based on World Bank EDBI ranking data at http://www.doingbusiness.org/EconomyRankings/. Edited with Inkscape. Not valid SVG, because I suck at Inkscape, however it is 3 years more recent than the previous image used in the relevant article. (Photo credit: Wikipedia)

singapore lower seletar reservoir boardwalk

singapore lower seletar reservoir boardwalk (Photo credit: Kenny Teo (zoompict))

  • Singapore is rated #1 in the world by World Bank for ease of doing business
  • Singapore is ranked the third wealthiest nation in the world by Forbes magazine.
  • Singapore has been ranked as the third most globalized economy among 60 of the world’s largest economies in the recently released Ernst and Young 2011 Globalization Index
  • Singapore is rated #1 as the most politically stable country in Asia
  • Singapore is rated #1 as the best labor force in the world
  • Singapore is rated #1 in Asia for quality of life
  • Corporate tax rates are about 8.5% up to $300K profits and a flat 17% above that
  • There are no dividend or capital gains taxes in Singapore
  • There is no estate/death/inheritance tax in Singapore
  • Personal tax rates start at 0% and max out at 20% above $320K
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  1. […] Technology « Why Choose Singapore? Some Facts. […]

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