0% Singapore capital gains
No Singapore CGT for individuals. Indian residents still pay Indian capital gains on returns; the 0% rate matters most for NRIs.
ASIAN WEALTH HUB
Singapore Platform
Private banking with DBS, HSBC, or Standard Chartered Priority Private. Multi-currency portfolios for family offices; eight-figure minimums.
- Best for
- Family offices and UHNIs
- Tax
- 0% SG CGT (Indian tax applies if resident)
- Complexity
- Very High
- Effort
- Weeks of setup
[ 01 / THE ROUTE ]
Private banking from Singapore
Singapore's wealth-management industry serves family offices and ultra-high-net-worth individuals with USD-denominated portfolios, structured products, and bespoke mandates. Minimums are steep (USD 1M+ AUM is typical), and the relationship is private-banking style rather than self-directed brokerage. You get a dedicated relationship manager, access to alternates, and Asia-Pacific market coverage from a strong-rule-of-law jurisdiction.
[ 02 / WHY IT WORKS ]
Multi-currency mandates
Custom portfolio allocation across USD, EUR, SGD, JPY, and alternates including structured notes and private equity feeders.
Banker-led execution
A dedicated relationship manager handles trade execution, FX, structured products, and inheritance / trust planning.
Asia-Pacific access
Direct access to HK, JP, KR, SG markets without routing through New York, often with lower friction and better local research.
[ 03 / THE NUMBERS ]
Limit / Access
USD 250,000 per FY via LRS while resident in India.
Tax treatment
0% Singapore capital gains tax. Indian residents taxed in India on global income at Indian capital gains rates.
US estate tax risk
Varies by underlying asset domicile. US-situs equities remain exposed.
Min ticket
USD 1,000,000+ (private banking AUM minimums vary by bank)
Effort
Weeks of setup. Private-banking onboarding with significant documentation and source-of-funds review.
[ 04 / WHERE YOU CAN OPEN ONE ]
Singapore private banks
USD 1M+ AUM minimums apply
Editorial mentions only. AskNivesh does not earn referral fees from any provider listed here.
- Type:
- Private bank
- Custody:
- Self-clearing
USD 1M+ AUM minimum; multi-currency portfolios.
- Type:
- Private bank
- Custody:
- Self-clearing
Strong India-Singapore corridor; global custody.
- Type:
- Private bank
- Custody:
- Self-clearing
SCB's high-net-worth tier; flexible mandate.
Sources and as-of dates
- Limit / Access: RBI Master Direction on LRS (as of 2026-06-05)
- Tax treatment: Finance (No. 2) Act 2024 capital gains amendments (as of 2026-06-05)
- US estate tax risk: IRS non-residents with US assets (as of 2026-06-05)
- Min ticket: MAS Banking Act (as of 2026-06-05)