Singapore Wealth & Property Tax
Detailed wealth & property tax rates and rules for Singapore in 2026.
Wealth Tax
Singapore does not impose a wealth tax.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Singapore abolished its estate duty (inheritance tax) on February 15, 2008. There is no tax on inherited assets regardless of the value of the estate.
Top Rate
0%
Property Tax
Property tax is levied annually on all properties in Singapore based on the Annual Value (AV) of the property. Owner-occupied residential properties enjoy progressive rates from 0% to 32%, while non-owner-occupied residential properties and other properties are taxed at rates from 12% to 36%. The tax is administered by IRAS and is separate from any stamp duties on property transactions.
How Singapore Wealth Tax compares
Singapore does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
