Commentary

Why the world's ultra rich are flocking into Singapore right now

        Singapore’s average wealth per adult is currently US$282,000 (5th in the world)         The number of High-Net-Worth (HNW) individuals rose 21.5% in 2012         HNW Individuals hold USD 857 billion in wealth         The number of HNW individuals in Singapore expected to rise 58% by 2017         HNW Individual wealth expected to surpass USD 1.38 trillion by 2017         Assets under management across Singapore hit a record high of USD 1.29 trillion The degree of wealth shifting to Singapore is truly staggering so it is important to look at why wealthy individuals from across the globe are seeking to make Singapore their new home. Highlighted below are some of the key reasons we are seeking such rapid growth in the number of HNW individuals shifting to Singapore.

Why the world's ultra rich are flocking into Singapore right now

        Singapore’s average wealth per adult is currently US$282,000 (5th in the world)         The number of High-Net-Worth (HNW) individuals rose 21.5% in 2012         HNW Individuals hold USD 857 billion in wealth         The number of HNW individuals in Singapore expected to rise 58% by 2017         HNW Individual wealth expected to surpass USD 1.38 trillion by 2017         Assets under management across Singapore hit a record high of USD 1.29 trillion The degree of wealth shifting to Singapore is truly staggering so it is important to look at why wealthy individuals from across the globe are seeking to make Singapore their new home. Highlighted below are some of the key reasons we are seeking such rapid growth in the number of HNW individuals shifting to Singapore.

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