Singapore: The Most Overpowered Country In The World?
In a video published by RealLifeLore on January 19, 2025, Singapore, being the largest “microstate” in the world and probably the only one that is a bona fide country among all microstates, highlights why Singapore is an ideal jurisdiction to protect your wealth in the event of crises. The size of its military budget is ranked among the world’s top 25, rivalling certain capabilities of much larger countries / continents such as Turkey and Australia.
Singaporeans also boast one of the highest home ownership rates in the world, close to 90%. In case of war, there is more at stake for the 1.3 million soldiers, the vast majority of whom owning the homes they live in. The country is considered the most heavily militarized in the world, with more soldiers, tanks, aircraft and warships per square kilometer of territory than any other country globally.
It is the world’s 26th largest economy, and it has augmented many sectors old and new, such as in the fields of AI (artificial intelligence) and fintech. In ASEAN, it is the second biggest economy, having leapfrogged Thailand in 2024.
Roughly one in 25 people living in Singapore are millionaires. With citizens here being financially secure, crime rates are very low.
Assets under management by wealth management firms, family offices and banks here eclipsed Hong Kong in 2023. With regard to investment stock, China has invested USD 156 billion worth of capital into the country, whereas the United States has invested USD 428 billion (both being inflation adjusted for 2024), and it is in the best interest of these two countries to protect investments they have made over the years in Singapore.