Looking to make new lucrative investments in 2020? Singapore is a great place to consider investing your hard-earned cash. Enabling you to gain exposure in a promising emerging market, there are a lot of benefits you can experience from Singapore investments.
Here, you’ll discover everything you need to know about investing in Singapore markets, alongside the top sectors to invest in.
Why consider investing in Singapore?
One of the key reasons Singapore has become an attractive investment opportunity, is because of its strategic location. It links to 120 different countries and more than 600 ports. There are 37,000 businesses which have based their headquarters here, and it benefits from a strong financial market.
The main benefits of investing in the country include:
- A beneficial business environment
- Excellent infrastructure
- Extensive trade network
Singapore benefits from low corporation tax, set at just 17%. It also benefits from a low level of corruption and has a total of 7,000 multinational corporations from countries such as the US, Japan ad the EU. It is known for its excellent infrastructure, with broadband offered to 99% of the country. It also boasts more than 100 airlines and has an extensive trade network.
These are just some of the reasons why more and more people are choosing to invest in Singapore in 2020.
Which markets are more attractive?
There are certain types of investments which prove to be more lucrative in Singapore. The main markets you’ll want to focus on include ETFs, real estate and stocks.
ETFs are particularly popular due to how easy they are to work with. The best types to invest in include financial and industrial ETFs. The only thing to consider here, is that if any of these industries become strained, there is a high risk you’ll make a significant loss.
Investing in real estate is also a potentially lucrative idea. Although experts are warning that the sector is slowing down, so care will need to be taken if you do opt for this type of investment. One of the best types of real estate investments you can make right now is commercial properties. Offices in particularly have seen a surge in growth, making them one of the safest real estate investments you can make.
Finally, stocks are another good investment in Singapore in 2020. They are easier to understand and work with and you can buy them across multiple sectors.
Things to consider
If you are planning on investing in Singapore, there are a few things you’ll want to consider. Firstly, you’ll want to open up Central Depositary account where your profits can be stored. You’ll also want to seek advice from RSM specialists. It’s imperative you know what you’re doing when you’re investing in foreign markets.
Overall, Singapore is a great place to invest your cash in 2020. It continues to grow economically and provides excellent investment benefits. Jut be sure to take the above advice into account and seek the help of a professional before making an investment of any size.