7 major reasons why you should invest in Singapore
1. Minimal Property tax rates
Property owners in Singapore enjoy a cheap flat rate of 10%, meaning high return on their investment. For instance, 4-room flat owners only pay $52 compared to the previous $119.20.
2. Safety and security
When you are within the borders of Singapore, your safety is guaranteed. The government has installed CCTV surveillance almost everywhere; and they are monitored 24/7. Cases of terrorism, and risks such as scam, cab transportation etc. are pretty low compared to other Asian countries.
3. Governed Real Estate Capital Security
The government of Singapore never provides land on complete ownership. So owning land is strictly in terms of leasehold or freehold estates.
4. Geographic location
Singapore is geographically located not far from china and the two have robust trade links; making it investor-friendly. As we all know china is an economic superpower and so when economic growth happens there, it strongly impacts on Singapore’s.
5. Company formation process – quick and easy
Starting or registering a company/business in Singapore is pretty easy and takes a short time. You need to have the company’s bank account, name, fill the company’s registration forms and submit the documents to the Accounting and Corporate Regulatory Authority (ACRA).
6. No Corruption
According to the Corruption Perceptions Index, Singapore has consistently been ranked among the top least corrupt nations in the world. Reason, the government has put in place a very incorruptible system with skilled and genuine workforce.
7. Diversified Economy
Singapore’s economy is quite diverse; the key factor investors consider before investing their hard earned money in any country. It has a wide range of economic opportunities such as huge and progressive tourism industry, innovative banking sector, real estate, just to name a few.
With these and more, I’m sure you now agree to the fact that Singapore has something to offer to everyone in terms of investment opportunities and wealth creation. All you have to do is decide on which one, do your research and fact finding based on the prevailing conditions and you’re good to go.
Reliable Licensed Moneylender in Singapore – Singa Credit Pte Ltd
Established in 1992 and previously known as Yong Seng Credit, Singa Credit Pte Ltd is legal money lender and regularly updated with the latest regulations to be in line with the requirements set out by Registry of Moneylenders.Please feel free to call 66946166 for more info on our 1% rate lowest in Singapore or walk in our office 470 North Bridge Road #02-01 Bugis Cube Singapore 188735.