A Singapore Government Agency Website 

avatar1 in

I am a foreigner who no longer works and lives in Singapore and I make an SRS withdrawal. How will I be taxed?



A foreigner will be taxed as a non-resident in this instance. He will generally be taxed at 15% or the local resident rate, whichever is higher. If the withdrawal is made after the statutory retirement age or more than 10 years after the date of the first contribution, only 50% of the SRS withdrawal will be subject to tax.

Let other citizens know if this answer was helpful
Did this answer your question?

Can’t find what you’re looking for?