Is Singapore or Dubai a better city to live for a wealthy expat?
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The Wealthy Expat is run by Rafael Cintron, it’s a Youtube channel and company dedicated to helping you lower your taxes, get a second citizenship, and travel the World to increase your freedoms and happiness. Rafael Cintron is a 7-figure entrepreneur who’s traveled to more than 65 countries, gotten multiple residence permits all over the World, and a second citizenship by investment. He is committed and passionate about teaching you these topics.
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In this video we discuss the differences and similarities between Singapore, the southeast Asia city state with the second best passport in the World, and Dubai, the futuristic desert city in the United Arab Emirates with 0% taxes and the best business environment in the world.
Which city is better for a wealthy individual?
I discuss the differences in people, ease of doing business, tax rates and tax policies, culture, second passport and second citizenship possibilities and many more. We will try to determine which is the best city to live in the World.
Mentioned in this video:
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Other related people in this topic:
Nomad capitalist, offshore citizen.
DISCLAIMER: This video is not tax and/or financial advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I’m not a financial advisor nor do I pretend to be. Always do your own research.
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❤️Dubai ❤️ is King 👑❤️
great info
I live in Dubai. Not a millionaire but love the vids.
There's a bus that goes from Malaysia to Singapore, and Malaysia has most of what Singapore has. Malaysia is the only place that felt like home when I stepped off the plane for the first time…
Dubai, I worked there, on a government project, near the Royal family. So I got hooked on dubai. Dubai is around 6 hours ish to most places, and as the man said, there's lots to do. Nobody owns the earth, and you ain't taking it with you. You never know what tomorrow will bring. If you have 2 options, choose the easier one.
Dubai
I keep watching your videos hoping one day I'm gonna be a millionaire hahaha
Singapore also recently increased their property taxes which in on an uptrend. They are also seriously debating on a Wealth Tax and how to more effectively tax wealth in addition to the current property tax, luxury car tax
You forgot to mention that a Singapore Permanent Residency (PR) carries a National Service (NS) I.e military service liability for your male children for lifetime
Dubai all the way without any hesitation ❤️❤️❤️🇦🇪❤️❤️❤️
Here’s to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They’re not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can’t do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do. –Steve Jobs,,,,
plz make a video for taiwan
Dubai….♥️
Neither cities…. lived in both 🤷♂
Singapore is nothing as compared to Dubai.
Dubai Is Next Level 🔥🔥🔥🔥
DUBAI💖
If one is looking to date asian women, Singapore is better.
Can one retire in dubai with 1 million?
dubai is the best for me😉👍
Singaopre all the way!!!
You omitted the facts regarding ownership of property in Singapore.
UAE is still the bestm.
You said in the video(7:39) that UAE is trying to combine city and desert. You might mean city and nature.
Neither one of those two cultures attract me.
My guy needs to hit up The Beard Struggle… am I right!?
Singapore doesn’t care if you’re simply wealthy … they require loyalty (no dual citizenship) and that you contribute to the racial harmony in the country (by being of one of their main ethnicities)
I recently asked you a question about $800 / month apartments to rent in Dubai and if you knew if there are any, which are not in horrible condition. The question is under the best places to live in Dubai.
I wrote the question once.
I never received a reply.
Then, I re-addressed the question to you.
I still have not gotten a reply from you.
The favour of a reply is greatly appreciated, from ANYONE.
Singapore is now a Chinese colony. Whatever rules they have are easily bent for Xhinese wealth. Unless you are bringing in $75 million and up (liquid) to UOB or DBS.. just live in Malaysia. Bank in S’pore.
Singapore is where I would chose to live IF I COULD. But they don't make it accessible with residency, bank, cars etc. Therefore I happily live in Dubai instead. 🙂 With current policies, Dubai has more head room to grow IMO and could surpass Singapore in most aspects other than the rain forests.
Why would a dictatorship country in a desert where half of the year it is too hot and everything is artificial be the best place to live and stay? Yeah you can spend all your wealth on watches, cars, restaurants. You can register a company and a residence there because of taxes. Fine. But to live?
Dubai, most flash yet couldn't even afford a decent steak dinner.
2:04 eve with all that, I'm still not doing it, that's too much. But being the second best passport as you say, it's understandable.
As an American what is the longest amount of time you can stay in Singapore? 1,2,3 months?
Wow, I've never been interested in a Permanent Residency in Singapore but after watching this video, it's a definite no no. Dubai #1 they are definitely treating people way better and are doing all the right things to attract wealthy immigrants.