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

Asked on 03 Nov 2019

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

Or even US stocks/ETFs?

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Royalchem
Royalchem
Level 5. Genius
Answered on 03 Nov 2019

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.

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ūüĎć 1
Question Poster

03 Nov 2019

Thanks alot!