Super Rich Choose Singapore as Their Safe Haven

Super Rich Choose Singapore as Their Safe Haven

Assessment

Interactive Video

Business

University

Hard

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Singapore has become a safe haven for the super-rich due to its safety and government incentives during COVID-19. This influx has positively impacted high-end businesses, the property market, and luxury goods sales. However, challenges like limited hangar space for private jets persist. The trend began when COVID-19 hit, and many wealthy individuals have remained in Singapore.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Singapore's status as a safe haven affected its economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What incentives has the Singaporean government introduced to attract wealthy families?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the property market in Singapore been impacted by the influx of wealthy individuals?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends have been observed in the luxury car market in Singapore recently?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the COVID-19 pandemic influenced the movement of wealthy individuals to Singapore?

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