Singapore Top Expat Destination

Countries that resist trends of increasing taxation and regulation are flooded with investors and well-to-do immigrants. One of the top destination in the world is Singapore, which not only attracts ambitious and successful Asians, but also has a huge western expat community. Most amazingly of all, 17,1%, more than 1 in 6 of Singapore households has an income over one million US dollars. This figure excludes real estate, business assets and luxury good. Considering the value of property in Singapore, the real number of millionaires could be much higher. These millionaires also enjoy higher purchasing power compared to other rich folks living in countries like the US, UK or Switzerland.