Singapore Expats

Search found 4 matches

by Singapal
Wed, 02 Jul 2014 1:55 pm
Forum: Relocating, Moving to Singapore
Topic: Question about Singapore Job Offer
Replies: 28
Views: 10644

If that's the case SRS isn't that attractive to US citizens at all. Is it even worth the trouble and loss of present control of your cash, given the low SG tax rate? I'm truly surprised that CPF deferral is not recognized for US tax purposes. Don't understand the logic, Americans living overseas don...
by Singapal
Wed, 02 Jul 2014 1:34 pm
Forum: Relocating, Moving to Singapore
Topic: Question about Singapore Job Offer
Replies: 28
Views: 10644

Thanks for the info on SRS, it's great to know! I don't see SRS on my offer letter, so company match is out of the question.will I be able to open an account at a designated bank for myself? Also I think US tax planning for my SG earnings would be more important than SG local planning. The local eff...
by Singapal
Mon, 30 Jun 2014 1:24 pm
Forum: Relocating, Moving to Singapore
Topic: Question about Singapore Job Offer
Replies: 28
Views: 10644

More about Tax

Thank you all for the load of useful info. Now that we're talking tax, may I ask a follow up question? It's based on my random observation and uneducated guess. On the one hand, like you pointed out there would be significant tax saving on the first 100k of income due to the exclusion; on the other ...
by Singapal
Sat, 28 Jun 2014 1:42 pm
Forum: Relocating, Moving to Singapore
Topic: Question about Singapore Job Offer
Replies: 28
Views: 10644

Question about Singapore Job Offer

Folks, I just registered here a few min ago so pardon me if my questions don't sound too bright. I currently work in the US but received an offer from the Singapore sub of a reputable US MNC. My base salary in the US is US$135k and my new annual salary stated on my offer letter is S$195k, which is a...

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