Why Choose Singapore for Gold Investment?
Singapore offers the world's most favorable tax environment for precious metals investment, making it the preferred choice for savvy investors across Asia.
0% GST
No goods and services tax on Investment Precious Metals (IPM) with 99.5%+ purity
0% Capital Gains Tax
Keep 100% of your profits from gold price appreciation over time
0% Inheritance Tax
Pass your gold investments to the next generation completely tax-free
Singapore's Gold Investment Advantages
Unmatched Tax Benefits
GST Exemption
Since October 2012, Singapore removed GST from investment-grade precious metals:
- Gold bars of 99.5% purity or higher
- Gold coins of 99.9% purity or higher
- Minimum weight of 1 gram
No Capital Gains Tax
Profits from gold investments are not subject to capital gains tax, allowing you to:
- Keep 100% of your investment returns
- Trade frequently without tax penalties
- No minimum holding period requirements
World-Class Infrastructure
Secure Storage Facilities
Singapore offers some of the world's most secure storage options:
Strategic Location
Singapore's position offers unique advantages:
- Gateway between East and West markets
- Excellent global connectivity
- Major shipping and logistics hub
Additional Singapore Advantages
Strong Legal Framework
Robust property rights, transparent regulations, and political stability in Southeast Asia
Professional Services
Licensed dealers, certified storage, authenticated products, and comprehensive insurance options
Easy Accessibility
Simple purchase process for foreigners and residents alike, no restrictions on gold ownership
Regulatory Protection
Strong oversight by Monetary Authority of Singapore ensures fair dealing and investor protection
Singapore vs Other Gold Investment Hubs
| Country | GST/VAT | Capital Gains Tax | Inheritance Tax | Overall Score |
|---|---|---|---|---|
| Singapore | 0% | 0% | 0% |
|
| Hong Kong | 0% | 0% | Varies |
|
| Switzerland | 0% | 0-35% | Varies |
|
| United States | Varies | 28% | 18-40% |
|
Ready to Invest in Gold in Singapore?
Take advantage of Singapore's tax-friendly environment and start your gold investment journey today
1. Research
Compare dealers and understand market prices
2. Purchase
Buy from licensed dealers with proper documentation
3. Store
Choose secure storage option with insurance
Frequently Asked Questions
Is gold really tax-free in Singapore?
Yes, investment-grade gold (99.5%+ purity) is completely exempt from GST in Singapore. Additionally, there are no capital gains taxes on gold investments, and no inheritance tax on gold holdings.
What forms of gold qualify for tax benefits?
Gold bars and coins with minimum purity of 99.5% and minimum weight of 1 gram qualify for GST exemption. Popular products include PAMP Suisse bars, Perth Mint coins, and Singapore Lion coins.
Can foreigners invest in gold in Singapore?
Yes, foreigners enjoy the same tax benefits as residents when investing in gold in Singapore. There are no restrictions on foreign ownership of precious metals.
How much does gold storage cost in Singapore?
Storage costs vary depending on the facility: home storage (safe + insurance) costs S$500-2,000 annually, bank safe deposit boxes cost S$150-800 annually, and professional vaults charge 0.5-1.5% of the gold value annually including insurance.