Ask an Australian banker, founder, or family office principal where they’d actually move if they were leaving, and the answer is almost always Singapore. No capital gains tax. No tax on foreign-sourced income for individuals. A top personal rate of 24% that only kicks in above SGD 1 million. After the 2026 Budget took Australia’s effective CGT to 47% on the indexed gain for high-income earners, the contrast is stark. But you can’t just board a plane. Some preparation is required. This article walks through the tax position, the demanding immigration pathways, and the honest assessment of who Singapore actually works for.
