Facebook co-founder Saverin to stay in Singapore | Inquirer Technology: "SINGAPORE – Facebook co-founder Eduardo Saverin intends to stay in Singapore but has no plans to take up citizenship after giving up his US passport, a move that could save him millions in taxes, his spokesman said.
The Brazilian moved in 2009 to Singapore, a low-tax Asian technology and finance hub where he mingles with entrepreneurs and is regularly seen in exclusive clubs with a young circle of expatriate and Singaporean friends.
“Eduardo is a permanent resident of Singapore. I am not aware of any plans for him to take up Singapore citizenship,” his New York-based press agent Tom Goodman told Agence France-Presse in an email late Tuesday.
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