Singapore Wealth Hub Joins Dubai and New York Among Top Global Hotspots

Singapore has cemented its status as a top Singapore wealth hub, ranking alongside Dubai and New York in Savills’ latest index of high‑net‑worth hotspots.

The city‑state scored strongly on economic competitiveness, connectivity and wealth infrastructure, underpinned by the absence of inheritance, capital gains and wealth taxes, and a 24% top marginal personal income tax rate.

Savills placed Singapore third globally and the leading Asia‑Pacific market, ahead of Shanghai, Bangkok and Tokyo, with Sydney, Kuala Lumpur and Seoul just outside the top 30.

While the US hosts 52% of the world’s top 100 family offices, Singapore shares fourth place with Germany and Denmark at 4% each, trailing only the US and UK in the global race for capital and talent.