Aerial_View_of_SingaporeResearch indicates that most of Singapore’s millionaires earned their fortune in less than 10 years. Investment became the main source of wealth and Singaporeans were able to capitalize on them, with about 72% of revenue.
Despite the crisis, as well as social and political instability, from 2008 to 2013 about 50% of Singapore’s rich were able to significantly increase the size of their income.
About 70% of surveyed millionaires reported substantial fluctuations in their wealth.
Along with the fact that Singapore is a highly reliable and reputable jurisdiction, they also have a very flexible TAX system that offers numerous relief measures for the start of your business.
Further information can be found on our website under the jurisdiction of Singapore.