Singapore Expats

Search found 29 matches

by CitizenOfTheWorld
Mon, 11 Nov 2013 1:43 am
Forum: Business in Singapore
Topic: Any law against bitcoin in Singapore?
Replies: 7
Views: 5086

1. Not as far as I know. 2. I'm not sure what FATCA is but yes, US citizens are having a LOT of trouble opening up new accounts (esp if they don't have any previous banking in Singapore). Standard Chartered is about the only one I know of that is US friendly at the moment. Thanks. I had heard somet...
by CitizenOfTheWorld
Sun, 10 Nov 2013 10:40 am
Forum: Business in Singapore
Topic: Any law against bitcoin in Singapore?
Replies: 7
Views: 5086

Any law against bitcoin in Singapore?

Is the use or accumulation of bitcoin frowned upon in Singapore, and if not, has anyone bothered with it? Also, has any US citizen had trouble opening a bank account due to FATCA?
by CitizenOfTheWorld
Fri, 01 Nov 2013 11:03 pm
Forum: Business in Singapore
Topic: Buying Gold/Silver in Singapore
Replies: 46
Views: 38768

"Singapore, financial, freedom’ ..... hehehehe ... that was a good one"

JR8, in what way does Singapore restrict financial freedom over and above the UK or US?
by CitizenOfTheWorld
Tue, 29 Oct 2013 10:40 pm
Forum: Business in Singapore
Topic: Buying Gold/Silver in Singapore
Replies: 46
Views: 38768

Re: Buying Gold/Silver in Singapore

If you happen to be one of those 'financial collapse is imminent' types and wanted to buy gold and silver and store it in a safe in your apartment, would that attract undue attention from local authorities or law enforcement? If you are discreet and can keep your mouth shut, would it attract attent...
by CitizenOfTheWorld
Tue, 29 Oct 2013 10:33 pm
Forum: Business in Singapore
Topic: Buying Gold/Silver in Singapore
Replies: 46
Views: 38768

There's no law against hoarding Gold in Singapore. 3 options; 1. Buy coins / bars from UOB exchange counters in T2/T3 at Changi. No GST. 2. Buy gold from jewellers (airside) in Changi. No GST. 3. Buy gold here from gold shops - got GST 4. Buy gold from UOB and have them keep it for you... of course...
by CitizenOfTheWorld
Tue, 29 Oct 2013 10:18 pm
Forum: Business in Singapore
Topic: Day Trading
Replies: 63
Views: 52373

Just a hypothetical question: if you happen to be among the 3-5% of traders who can make money consistently (and I've learned the hard way that I am not) would your winnings be considered income according to IRAS and taxed accordingly, or would it be considered capital gains? I'm only curious, as I...
by CitizenOfTheWorld
Tue, 29 Oct 2013 12:31 pm
Forum: Business in Singapore
Topic: Buying Gold/Silver in Singapore
Replies: 46
Views: 38768

Buying Gold/Silver in Singapore

If you happen to be one of those 'financial collapse is imminent' types and wanted to buy gold and silver and store it in a safe in your apartment, would that attract undue attention from local authorities or law enforcement? If you are discreet and can keep your mouth shut, would it attract attenti...
by CitizenOfTheWorld
Tue, 29 Oct 2013 12:25 pm
Forum: Business in Singapore
Topic: Day Trading
Replies: 63
Views: 52373

Just a hypothetical question: if you happen to be among the 3-5% of traders who can make money consistently (and I've learned the hard way that I am not) would your winnings be considered income according to IRAS and taxed accordingly, or would it be considered capital gains? I'm only curious, as I ...
by CitizenOfTheWorld
Mon, 21 Oct 2013 9:35 pm
Forum: Property Talk, Housing & Rental
Topic: Buying vs Renting
Replies: 30
Views: 11581

Thanks, everyone, for the very useful info. Re credit checking, will they have access to, or care about, my US credit history or do I have to build one in Singapore? The plan right now is to rent cheap for the first 1-2 years while saving for a down payment, along with what little savings I have fro...
by CitizenOfTheWorld
Mon, 21 Oct 2013 4:59 am
Forum: Property Talk, Housing & Rental
Topic: Buying vs Renting
Replies: 30
Views: 11581

Buying vs Renting

This is quite premature I grant you, but I was thinking how hard would it be to get a loan as a foreigner to buy a small studio rather than rent. I'll certainly rent the first year, but after that it seems like it makes more sense to buy, even a modest property if you can get the very low interest r...
by CitizenOfTheWorld
Sun, 11 Aug 2013 8:59 am
Forum: Staying, Living in Singapore
Topic: Anybody cycle to work everyday?
Replies: 21
Views: 16212

I was toying with the same idea. I'll be relocating to Sing next year and was thinking about commuting by bike. I'll be working on the west side and figure I could get an apartment 3-5 km from work. Barring that, how many of you walk/jog to work? The idea is to apply my commuting time to something p...
by CitizenOfTheWorld
Tue, 06 Aug 2013 10:03 pm
Forum: Relocating, Moving to Singapore
Topic: Things to Bring With Me
Replies: 16
Views: 8944

Thank you all for your advices. Will stock up on vitamins, medicines, etc. No offense at all taken on the 'cloths wont fit' comment. I would be in the "could stand to lose a few pounds" category. And the thing is, even if I did, Asian cloths still wont fit, since I also like weight lifting and have ...
by CitizenOfTheWorld
Mon, 05 Aug 2013 10:38 am
Forum: Relocating, Moving to Singapore
Topic: Things to Bring With Me
Replies: 16
Views: 8944

Things to Bring With Me

A couple of months back I started a thread about moving from the US to Sing to practice medicine. Despite the advice and warnings of many, I'm moving forward and will be in Singapore early next year. I will burn no bridges. But I would like to ask the expat community about the sorts of things that I...
by CitizenOfTheWorld
Sun, 09 Jun 2013 3:52 am
Forum: Relocating, Moving to Singapore
Topic: Physician in US considering Move to Singapore
Replies: 91
Views: 38743

Brah wrote:So what is your time frame?
I have to let them know by the 14th Singapore time.
by CitizenOfTheWorld
Sat, 08 Jun 2013 4:17 pm
Forum: Relocating, Moving to Singapore
Topic: Physician in US considering Move to Singapore
Replies: 91
Views: 38743

Well, I got my offer and it was more generous than I had expected. I was almost hoping for a weak offer to make a tough decision easier. Now it's time to fish or cut bait.

Odd. It was just a crazy idea before. Now that it's real it's a little scary.

David,check your inbox.

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