For those who are new to investing in the Singapore and Hong Kong stock markets, there is no withholding tax on any dividends earned by non-residents.
Now compare this with following countries and their tax on dividends:
The US and Australia have a 30% withholding tax for non-residents.
The UK and Malaysia have a 10% withholding tax for non-residents.
So Singapore and Hong Kong remain my top choices for dividend stocks. The yields there can be attractive, ranging from 6% - 9%.
No comments:
Post a Comment