Singapore now ranks #1 globally as the preferred destination for entrepreneurs to move personal wealth and for relocation, according to HSBC’s Global Entrepreneurial Wealth Report 2025. In the survey of ~3,000 business owners across 15 markets, 15% picked Singapore as their top hub for moving wealth, ahead of the UK (11%) and Switzerland (11%); Singapore also led for personal relocation (12%).
What’s driving the shift
HSBC cites Singapore’s pull as a regional centre with strong connectivity to Asian and Middle East wealth corridors. The study also highlights a broader trend: 59% of entrepreneurs plan to move some wealth abroad in the next year, signalling active diversification across jurisdictions.
Independent coverage echoes the findings: business media summarising the report likewise place Singapore ahead of traditional European wealth hubs, with the city-state topping both wealth relocation and personal move preferences among globally mobile founders.
Why it matters
For founders and family-business owners, the rankings point to three practical advantages:
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Capital mobility with regional reach. Singapore’s role as a launchpad into ASEAN and South Asia aligns with the report’s corridor data (Asia ↔ Middle East and intra-Asia flows).
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Relocation readiness. Entrepreneurs aren’t just banking in Singapore; they are also choosing it as a base for themselves and key teams, per the relocation score.
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Diversification mindset. With a majority planning cross-border moves of assets, Singapore’s top ranking suggests it is the default “first stop” for re-domiciling wealth and operations, as finance.yahoo.com reports
Signals to watch
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Sustained inflows. If the 59% diversification intent translates into action, private banking, multi-family offices, and specialist service providers in Singapore should see continued demand.
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Competitive response from peers. The UK and Switzerland remain strong alternatives; expect policy tweaks and incentives as they compete for entrepreneur capital and residency. sg.finance.yahoo.com
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Execution on the ground. Bank onboarding, payment rails, and relocation services will determine how quickly entrepreneurs can convert intent into operating footprints.
Bottom line
Multiple, independent write-ups of the HSBC Global Entrepreneurial Wealth Report 2025 place Singapore at the top for both wealth movement and personal relocation among entrepreneurs. For globally mobile owners, the city-state is setting the pace as a stable, connected base for capital and teams.
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