A corner of Singapore (Photo: AFP)
In the bank’s recently-released Global Entrepreneurial Wealth Report 2025, 15 per cent of entrepreneurs cited Singapore as the top destination for their wealth, ahead of the United Kingdom and Switzerland (11 per cent each).
Singapore was also named the top destination for personal relocation by 12 per cent of the respondents.
In Singapore itself, only one in five are considering moving their wealth elsewhere. Entrepreneurs in Singapore also rank bottom for contemplating a personal move abroad.
As many as 63 per cent of Singapore-based entrepreneurs also live across multiple markets, above the global average of 56 per cent, which HSBC said “underscores the city-state’s international reach”. The country also attracted the largest inflows of wealth from its neighbours, especially Indonesia and Malaysia, said the bank.
