BullionStar Vault Storage

Singapore is simply the best country in the world to buy and store bullion.

Singapore is the free-trade capital of the world and has a solid reputation in terms of property rights protection and ease of doing business. These conditions together with below mentioned advantages makes Singapore the ideal location for storing precious metals.

Tax-Free - There is no tax for bullion whatsoever in Singapore. No GST/VAT/Sales tax and no capital gains tax. 

No Reporting Requirements - There are no domestic or international reporting requirements for buying, selling or storing gold in Singapore. No permits are necessary to import or export investment precious metals.

Cash Allowed - Cash makes sense. There is no counter party risk involved for cash and carry. If you settle in cash, you don't have to place any trust in anyone. You get the bullion, we get the cash.

Safety & Security - The crime rate in Singapore is among the lowest in the world. Violent crime is almost unheard of. There's a strong rule of law in Singapore. You can take physical possession and walk out with your precious metals without any problem.

Property Ownership Rights - Singapore is politically stable with strong property ownership rights protection. 

Business Climate - Singapore consistently ranks top three globally in business climate reports measuring how easy and straightforward it is to conduct business in different countries.

Laws and Regulations - While governments in the EU and the USA try to curb investments into precious metals by introducing legislation that makes it difficult to purchase precious metals, the government of Singapore is dedicated to transform Singapore into a trading hub for precious metals. The Singaporean government encourages bullion dealers and refineries to set up their business in Singapore with the objective of increasing Singapore’s share of the global gold market from the present 2 % of global gold trade to 10 % by 2020.

Independence from the EU & USA - Singapore has no jurisdictional ties to the US or any country in Europe. Singapore is proud of its independence.