Store gold and valuables
in Singapore.

Store your valuables in a financially strong country.

Singapore’s financial assets exceed its government debt. The high debt ratio you may see in international rankings counts its liabilities without accounting for those assets.

Some of that debt comes from investing savings from Singapore’s CPF retirement system. These funds are invested and cannot be spent on day-to-day government expenditure.

For your holdings, this means a storage country with its own financial reserves to respond to crises. Singapore has no net government debt and holds the highest sovereign rating from S&P, Moody’s and Fitch.

Strong defence and an independent foreign policy.

Singapore protects its independence through its armed forces, deterrence and international defence cooperation. It also maintains relationships with the United States, China and other trading partners.

Its foreign policy follows its own long-term interests. For your storage, this adds a separate location in Asia whose economy depends on stable international trade.

Bonded storage: no Singapore GST while your valuables remain in the warehouse.

With Patronus, you can store gemstones, jewellery and non-exempt precious metals in the bonded warehouse at The Reserve. You do not pay Singapore Goods and Services Tax, or GST, on these goods while they remain there.

Direct export from the bonded warehouse also does not incur Singapore GST. It becomes payable if you release these goods for local use in Singapore.

Investment gold, silver and platinum bars and coins are already GST-exempt on import when they meet the statutory criteria, including the required purity and permitted form.

Singapore has no capital gains tax. This does not exempt business trading profits or remove tax obligations in your home country.

Why gold nationalisation would damage Singapore’s own interests.

Singapore’s prosperity relies on trade and international investors’ confidence. Enforceable property rights, independent courts and reliable contracts are foundations of that success.

Nationalising privately owned gold would damage that confidence. In our view, Singapore’s economic model therefore weighs against such a step. Your storage country has an economic interest in protecting private property.

One storage location, with your assets remaining your property.

With Patronus, your bars, coins, gemstones and jewellery are stored with The Safe House at The Reserve in Singapore. We coordinate deposits, viewings and withdrawals at this location.

You retain ownership of your specific items. Your holdings are individually recorded, allocated to you and sealed in numbered tamper-evident bags. Photographs and a custody statement document the items stored for you.

A global vault network alone does not protect against gold confiscation.

With international storage arrangements, your contracting company and the vault may be in different countries. Comparing providers means checking the company you contract with as well as the country where your assets are held.

A worldwide presence does not automatically provide liability protection against government action. For example, Loomis Switzerland’s standard terms exclude liability for confiscation and nationalisation.

With Patronus, both your contracting company and the vault operator, The Safe House, are based in Singapore. You hold your own assets through companies in the storage country. This establishes where custody is arranged; it is not a guarantee against government action.