Singapore
Living, work, immigration, education & business — official links and practical guides
Key Facts
Basics
Economy
Source: World Bank Open Data (CC BY 4.0) · 2024 · Last checked: 2026-07-06
Tax snapshot
- No general capital-gains tax, but gains that are trading in nature can still be taxable. Dividends exempt (single-tier); foreign-source income exempt under conditions.
- Raised from 8% to 9% on 2024-01; tourist refund threshold S$100.
Source: National tax authority · Cross-check: OECD · PwC · KPMG · Last checked: 2026-07-16
Headline statutory rates. The income-tax figure includes national surtaxes; any regional or municipal layer is shown beside it. Social contributions and reliefs are excluded. Verify the current rate with the authority before relying on it.
At a glance
A business hub with a salary-based, employer-led work-pass system — efficient and English-speaking, but passes are competitive and quota-managed.
Best for
Higher-earning professionals (Employment Pass), startup founders (EntrePass), and international students.
Who this may not suit
People on modest salaries or seeking a straightforward path to permanent residence — housing costs are high and long-term status is granted selectively.
Main routes in
Key trade-offs
- EP salary floors and COMPASS criteria rise over time and by sector.
- Permanent residence is selective and not guaranteed by years worked.
- Rental housing costs are high.
First steps
- 1 Secure a job offer; the employer applies for the EP via EP Online.
- 2 Check you meet the current qualifying salary and COMPASS points.
- 3 For study, have the institution issue the Student’s Pass via SOLAR.
- 4 Complete medical and biometrics on arrival as required.
What changes often
- · Employment Pass qualifying salary and COMPASS criteria
- · Dependant-pass eligibility tied to pass type and salary
- · Property cooling measures and stamp duties for foreigners
Salary floors and COMPASS rules change — confirm on the Ministry of Manpower (MOM). Ministry of Manpower (MOM) ↗