How Singaporean Investors Invest in Other Countries
Most Singaporeans who invest in other countries place most of their focus on foreign direct investment (FDI) within the Asia-Pacific region. The amount of FDI money which has been invested by Singaporean investors in such countries has been growing at a tremendous rate.
According to the latest statistics which were taken for 2017, six of the 10 leading independent nations which received FDI from Singapore were in the Asia-Pacific region. The top 10 receivers of FDI originating from Singapore in 2017 were China (including Hong Kong), the United Kingdom (including British Overseas Territories), Indonesia, Australia, India, Malaysia, the United States, Luxembourg, the Netherlands, and Thailand. The total amount of FDI from Singapore to these 10 countries totaled almost S$700 billion.
In general, the total amount of money invested as FDI by Singaporeans to other countries has seen an enormous amount of growth. In 2006, Singaporean investors invested just over S$311 billion in other countries. In 2017, this figure had risen to almost S$850 billion, which thus showed that the total amount of FDI invested over this 11-year span increased by over 270%. Thus, there is ample evidence that the Singaporean government’s push for its citizens to increase their level of investment in other countries has yielded significant results.
Although not every investor in Singapore has chosen to invest in foreign countries, all investors of Singapore are highly encouraged to do so because of the many benefits associated with making investments in foreign countries. Doing so provides benefits to the investor, the government and economy of Singapore, and even the government and economy of the country which receives the money from the investment which has been made.