1) It’s one of the safest places on the planet. There’s practically zero crime.
2) There’s no corruption either. Singapore is one of the most transparent places in the world. If someone doesn’t abide by the terms of a contract, for example, any foreigner could get a fair hearing in court to enforce the contract.
3) Singapore is optimized for business and investment. Taxes on income and profits are low. There is no capital gains tax. It’s quite easy to set up a company. And practically every nationality in the world can travel here visa free.
4) It’s stable, and growing. This is not some fledgling third world country that has a coup every other Tuesday. Singapore has long been one of the wealthiest places in the world per capita, and it has a very, very bright future as one of the world’s largest financial centers.
Singapore recently made it even easier to store gold here, dropping the sales tax on investment grade precious metals. For gold, this includes the Maple Leaf, Buffalo, Kangaroo, and Panda. US Eagles and South African Krugerrands are not included as their purity is too low. Silver Eagles, however, qualify for tax exemption.
Excerpt from Original Source