SGPMX

Bullion is stored in a bonded storage facility and every single deposit is itemised and to tagged to their legal owner. The bonded storage facility is a tax free zone.

Any product of which GST is payable may have its GST payment suspended (for the time being) if it is stored in a Zero-GST warehouse, such as Le Freeport Singapore. If and when the product is removed from the Zero-GST warehouse, GST becomes immediately payable.

You may read more about the <a href="https://www.iras.gov.sg/media/docs/default-source/uploadedfiles/pdf/gst-guide-on-exemption-of-investment-precious-metals.pdf?sfvrsn=abc2cb1a_4#:~:text=3.2%20To%20qualify%20for%20GST,on%20the%20international%20bullion%20market" rel="nofollow noopener noreferrer" target="_blank">GST: Guide on Exemption of Investment Precious Metals (IPM)</a> by the <a href="https://www.iras.gov.sg/taxes/goods-services-tax-(gst)/charging-gst-(output-tax)/when-is-gst-not-charged/supplies-exempt-from-gst" rel="nofollow noopener noreferrer" target="_blank">Inland Revenue Authority of Singapore</a> for details.

What are the rules for foreign buyers investing in bullion in Singapore? Is there anything that they need to be aware of when it comes to storage?

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