From Tax Haven to Safe Haven: A Look at Singapore's Tax System

Edmund Leow is a senior partner in Dentons Rodyk’s Corporate practice group and Head of the Tax practice.

Go Beyond Marketing and Create a Better Customer Experience

Podcast: From Tax Haven to Safe Haven – A Look at Singapore’s Tax System

Edmund Leow is a senior partner in Dentons Rodyk’s Corporate practice group and Head of the Tax practice. He is also Co-Head of the Trust, Estates & Wealth Preservation/Family Office practice. He has three decades of experience in advising multinational organizations on cross-border tax planning, transfer pricing, and tax disputes. He also advises on international trade issues such as customs, WTO, and free-trade agreements.

Key Highlights

[00:07 – 07:14] Opening Segment

  • Singapore is a key financial center in Asia and has been attracting entrepreneurs and family offices for years
  • Singapore’s government has made efforts to attract capital and enhance tax incentives to keep families in the country
  • There are several reasons why people are moving to Singapore

[07:15 – 18:59] From Tax Haven to Safe Haven: Tightening Tax Exemptions for Family Offices

  • Traditionally, a tax haven was a place that offered secrecy, convenience, and tax savings
  • There is a fine balance to be struck when it comes to the regulation of the crypto industry
  • The government is keen to promote the fund management industryIncentives were originally targeted at hedge funds, PE funds, and venture funds 

[19:00 – 29:31] Aligning Singapore’s Migration to the State

  • The number of family offices in Singapore has doubled since 2019
  • Part of the job of a family office in Singapore is to advise patriarchs on how to set up a governance structure
  • There has been a lot of activity in the local family office culture during Covid, but it’s still limited because people can’t travel
  • Singapore has benefited from managing the covid pandemic relatively well, and its reputation has grown globally

[29:32 – 32:54] Closing Segment

  • Edmund shares about his love for traveling 
  • Connect with Edmund on the links below


Additional Links:

Linkedin: https://www.linkedin.com/in/edmund-leow-sc-4a8a5022a/?trk=public_profile_browsemap&originalSubdomain=sg 

Brian’s Linkedin: https://www.linkedin.com/in/brian-c-adams/

Previous Articles


The Ultimate Guide to Commercial Real Estate Investing

Learn everything you need to know to assess the benefits of a commercial real estate investment and make the best decisions to get started.


Q1 2023 Commercial Real Estate Investment Update

The commercial real estate industry has seen significant shifts and challenges over the past year, and the first quarter of 2023 was no exception.

Understanding the Waterfall Structure in Real Estate Private Equity Investments

Understanding the Waterfall Structure in Real Estate Private Equity Investments

Learn about this distribution framework used in real estate private equity investments. Understand the components of a waterfall structure…


How Much Money Do I Need to Start Investing in Commercial Real Estate?

We frequently have conversations where people tell us, “I want to start investing in commercial real estate, but I’m not sure if I have the capital.”


Benefits of Owning Commercial Property over Residential

While both types of real estate investments have their benefits, investing in CRE can be more advantageous for several reasons.

The Revolution That Wasn’t

How has technology impacted modern finance and created an asymmetrical relationship between Wall Street and individual investors? In this episode, we speak with Spencer Jakab, the author of The Revolution That Wasn’t and editor of the Wall Street Journal’s Heard on the Street column.

Tax Savings Secrets: How Cost Segregation Analysis Can Save You Money

How can cost segregation analysis help real estate investors maximize their returns? In this episode, John Hanning explores the potential benefits of cost recovery studies and depreciation.

What is a Family Owner’s Manual and Do I Need One?

It’s time to make sure you and your family are set up to continue success for generations to come. Today, Josh Kanter shares his journey transitioning from practice as a transactional attorney to reorganizing his family’s activities under a single-family office.

Key Characteristics of High-Performing Family Offices

Are family offices becoming more popular? In this episode, Robert Daugherty dives into the importance of having a functional family office, and the role of the Chief Learning Officer in it.

Excelsior Capital

A real estate private equity firm that owns and operates high quality multi-tenant office assets in emerging secondary markets.

Interested in learning more about Excelsior's investment opportunities?

Excelsior Capital

104 Woodmont Blvd, Suite 120
Nashville, TN 37205




Disclaimer: Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Other materials related to investments in entities managed by Excelsior Capital are not available to the general public.