Is a declaration necessary for SG civil servant who invests in SG? - Seedly
 

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Asked by Anonymous

Asked 3w ago

Is a declaration necessary for SG civil servant who invests in SG?

Or even US stocks/ETFs?

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Answers (1)

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Royalchem
Royalchem
Level 5. Genius
Answered 3w ago

No.

For stocks, regardless of country, no need. However investing in a business (unlisted) or property, you would need to declare.

However, investment in business via p2p platform is not considered owning a business so no need to declare.

1 comment

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Question Poster

3w ago

Thanks alot!