The city-state introduced tax breaks for qualifying fund managers and a new visa pathway for senior investment professionals as competition with Hong Kong for asset management business intensifies
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Singapore is stepping up its competition with Hong Kong for leadership as Asia’s top asset management hub, rolling out new tax incentives and visa measures aimed at attracting global funds and investment professionals.
Apart from a tax exemption for investment profits, Singapore plans to relax a visa rule for fund management professionals.
Competition is for fund managers and industry talent. Read more at straitstimes.com. Read more at straitstimes.com.
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