🇸🇬 Singapore vs 🇵🇭 Philippines
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇸🇬 Singapore | 🇵🇭 Philippines |
|---|---|---|
| Tax System | Territorial | Territorial (residents) |
| Income Tax (Foreign) | 0-24% | 0-35% |
| Capital Gains Tax | 0% | 6-15% |
| Corporate Tax | 17% | 25% |
| Residency Requirement | EntrePass or Employment | SRRV ($50k deposit) |
| Minimum Stay | 183 days for tax residency | None required |
| Cost of Living | Very High ($4,000-7,000/mo) | Very Low ($1,000-2,000/mo) |
🇸🇬 Singapore
Highlights
- ✅Zero capital gains tax
- ✅Territorial system
- ✅World-class infrastructure
- ✅English speaking
- ✅Global finance hub
Considerations
- ⚠️Very expensive
- ⚠️Hard to get residency
- ⚠️Hot and humid
Best For
- 👤High earners
- 👤Entrepreneurs
- 👤Finance professionals
🇵🇭 Philippines
Highlights
- ✅English widely spoken
- ✅Very low cost of living
- ✅Beautiful islands
- ✅Friendly people
- ✅Easy residency
Considerations
- ⚠️Infrastructure varies
- ⚠️Typhoon season
- ⚠️Bureaucracy
Best For
- 👤Retirees
- 👤Budget nomads
- 👤English-speaking Asia
Which Should You Choose?
Choose Singapore if: You prioritize zero capital gains tax and territorial system. Ideal for high earners, entrepreneurs, finance professionals.
Choose Philippines if: You prioritize english widely spoken and very low cost of living. Ideal for retirees, budget nomads, english-speaking asia.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.