“Several people who have lived in Singapore longer than I insist that the cultural undercurrent is such that it is at a cusp of a revolution in creativity, with top international companies increasingly moving their R&D work and with world’s best universities setting up their operations there. Top leadership positions are increasingly taken up by locals. Filing of personal income tax will likely take you a minute or two—only earnings are taxed. Your capital gains, dividends, and bank interest are yours to keep unmolested. Singapore doesn’t tax any overseas earnings either. Virtually everything dealing with the government is done on the Internet in an extremely efficient and friendly way.”
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