Singapore has solidified its status as the premier global destination for entrepreneurial wealth and relocation, according to HSBC’s Global Entrepreneurial Wealth Report 2025. The city-state has outpaced the UK and Switzerland, with 15% of entrepreneurs choosing to move their wealth to Singapore, compared to 11% for each of the other two countries. This trend is not limited to financial assets; entrepreneurs are also relocating themselves and their families to Singapore, highlighting its appeal as a trusted business hub.
The report underscores Singapore’s international reach, with nearly two-thirds (63%) of its entrepreneurs living across multiple markets, surpassing the global average of 56%. This global connectivity is complemented by a strong sense of optimism among Singaporean entrepreneurs, with 97% expressing a positive outlook for their business prospects. Artificial intelligence is identified as a significant growth driver, further enhancing Singapore’s attractiveness as a business centre.
The findings of the report suggest that Singapore’s robust infrastructure, business-friendly environment, and strategic location continue to draw entrepreneurial talent and wealth from around the world.
As Singapore continues to lead in this arena, the implications for its economy and global business influence are significant, potentially setting the stage for further growth and innovation in the coming years.
