Financial Planning

Finance & Investment Guide

Access Singapore's world-class financial ecosystem. From everyday banking to wealth management and property investment, we guide you through every step.

0% Capital Gains Tax
22% Max Income Tax
AAA Credit Rating

Getting Started

Bank Account Comparison

Opening a bank account is your first financial step in Singapore. Compare the major banks and their expat-friendly offerings.

DBS Bank Logo

DBS Bank

Singapore's Largest Bank

Best-in-class digital banking experience with PayLah! and digibank apps.

Min. Deposit: $1,000 - $200,000
Monthly Fee: $2 (waivable)
Digital-first Multi-currency
OCBC Bank Logo

OCBC Bank

Heritage Bank Since 1932

Strong in wealth management and premium banking services.

Min. Deposit: $1,000 - $200,000
Monthly Fee: $2 (waivable)
Wealth Mgmt Property Loans
UOB Bank Logo

UOB Bank

Regional Banking Leader

Strong presence across Southeast Asia for regional business.

Min. Deposit: $500 - $350,000
Monthly Fee: $2 (waivable)
ASEAN Focus SME Banking
Standard Chartered Logo

Standard Chartered

International Bank

Ideal for expats maintaining international accounts.

Min. Deposit: $3,000 - $200,000
Monthly Fee: $15 (waivable)
Global Network FX Transfers

Account Opening Tips for Expats

  • Bring original passport and valid work pass
  • Proof of address: tenancy agreement or utility bill
  • Visit branch in person for first account
  • Account usually active within 1-3 business days

Rewards & Benefits

Credit Card Guide

Singapore offers excellent credit card rewards. Choose based on your spending patterns.

Miles Cards

Best for frequent travellers.

DBS Altitude

1.2-2 miles/$

Citi PremierMiles

1.2-2 miles/$

UOB PRVI Miles

1.4-2.4 miles/$

Cashback Cards

Simple money back rewards.

OCBC 365

Up to 6% dining

Citi Cash Back+

1.6% unlimited

UOB One Card

Up to 10% rebate

Premium Cards

Exclusive lounge access & benefits.

AMEX Platinum

$1,712/yr, unlimited lounges

Citi Prestige

$535/yr, 4th night free

DBS Insignia

Invite-only

Protection Planning

Insurance Guide

Private insurance is recommended for expats. Here's what you need to know.

Health Insurance

Essential for expats. Covers hospitalisation, outpatient care, and specialists.

  • • Premium: $200 - $800/month
  • • Providers: AIA, Prudential, AXA, Great Eastern
Get a Quote →

Life Insurance

Important for families. Term life offers affordable coverage.

  • • Term life: From $50/month for $500K
  • • Review portability if you relocate
Get a Quote →

Home Contents Insurance

Protects your belongings against theft, fire, and water damage.

  • • Premium: $100 - $400/year
  • • Providers: FWD, NTUC Income, Etiqa
Compare Plans →

Domestic Helper Insurance

Mandatory for employers of foreign domestic workers.

  • • Premium: $200 - $600/year
  • • MOM requires: $60,000 medical coverage
Helper Guide →

Wealth Building

Investment Pathways

Singapore offers attractive investment options for expats.

Phillip Securities (POEMS)

DIY portfolio management. Trade stocks, ETFs, unit trusts across SGX, US, Hong Kong.

No capital gains tax | Multi-currency | CPF/SRS eligible

Wealth Management with Advisory

Professional guidance with access to curated investment solutions.

  • • iFast Global Markets: 11,000+ funds
  • • Grow with Singlife: Investment-linked plans

Property Investment

Foreigners can purchase private condos and apartments. Note: 60% ABSD for foreigners.

60% ABSD | No capital gains tax | Freehold & leasehold

This information is for educational purposes only. Consult a licensed advisor.

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