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QuestionsCategory: MiscellaneousBuy shares abroad
Joy Yap asked 2 years ago

Hi newbie here, so please excuse my daft question.
I am a Malaysian and wonder how do I buy a company’s shares based abroad eg. Singapore?
How about taxes?
Thanks as always.

1 Answers
Victor Chng answered 2 years ago

Hi Joy,
 
Malaysia local brokers are able to purchase share in Singapore except that you may need to pay a monthly custodian fee for holding Singapore. 
Alternatively, you can come to Singapore to open brokerage account hence you can save on the custodian fee.
 
There is not tax on Singapore investment.