As we all know, in order to control the rising property prices in Singapore, the Singapore government announced a series of cooling measures overnight on December 16 last year, one of which was to increase the additional buyer's stamp duty ABSD from 20% to 30% for foreigners buying a home.

Although Americans are foreigners in Singapore, Americans buying their first home in Singapore are not required to pay the additional buyer's stamp duty ABSD.

Because Singapore and the U.S. have a Free Trade Agreement FTA, U.S. citizens who buy a home in Singapore are treated the same as Singapore citizens based on this agreement.

In addition to the U.S., Iceland, Liechtenstein, Norway and Switzerland also enjoy the same treatment in Singapore.

The world is bullish on Asia, but the flow of these funds is not evenly distributed across all parts of Asia.

In this year's wave of capital, Singapore has attracted most of the attention.

Singapore Eye, in talking to the European investment fund community, found that investors were not bullish on the next economic trends in Europe and the United States.

On the contrary, the market trend in Singapore is relatively much stronger.

For example, because of the U.S.-China trade war, the most rumored chipmaker is considering spending billions of dollars to build a 12-inch fab in Singapore, which is not an empty rumor.

TSMC previously owned an 8-inch fab in Singapore, which was jointly invested by TSMC, Philips Semiconductors and EDBI Singapore.

Since 2021, several semiconductor companies have set up semiconductor fabs in Singapore. U.S. Global Foundries announced in June 2021 that it plans to invest S$5.4 billion to build a new semiconductor fab in Singapore.

Germany's Siltronic injected S$3 billion into its operations in Singapore.

This year, global automotive chip giant Onsemi moved some of its global distribution operations in Shanghai to Singapore.

What outsiders see as coincidence, insiders see as logic.

Singapore's advantages in education, security, and environment make it a natural choice for Americans to invest in buying homes overseas.