SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore

Got it. Thank you! This has been extremely helpful. Very much appreciated.

Thank you PNGMK and malcontent. That helps a lot.

Question for malcontent: If we've already been filing yearly FBARs for our Singapore bank account, do we need to file a Delinquent FBAR or just add the CPF payout amount to our regular FBAR (the payout was deposited in our SG account)?

My wife was a Singapore Permanent Resident until she gave it up in 2021 upon receiving a US Green Card. Then two years ago Singapore adopted a policy of paying out CPFs in full to people who’ve given up PR status or citizenship. So in 2024, my wife received a sizable payment amounting to approximate...