There are several tax advantages for expatriates in Singapore : Income tax rate: Singapore has an overall low-income tax rate, with a top marginal rate of 22% for income above SGD 320,000 (Singapore Dollar) per year. There are also tax credits for expenses related to housing, education, and social security contributions. Corporate tax exemptions: Foreign companies can benefit from a reduced corporate tax rate of 17% for profits below SGD 300,000. Foreign companies are also eligible for a reduced corporate tax rate of 8.5% on profits in excess of SGD 300,000. Dividend tax exemption: Dividends received by foreign resident shareholders are exempt from tax in Singapore. Capital gains tax exemption: Capital gains realized by foreign residents on the sale of real estate in Singapore are exempt from tax.