Don't become a PR if the company pays you in cash whatever CPF they would have paid if you were a PR.

Become a PR if the company doesn't contribute CPF unless you're PR.

Extra money is extra money even if you can't touch it until you're 55. Actually getting it in cash doesn't mean that you will (best case) invest it at a better return than CPF can, and (worst case) you could simply blow the money on something useless.

i are the join companies factories in the malaysia but hq are the in sg

my companies are the 85% malaysians, hahaha, sg citizenians are the only 5%

i think chances are the better cause once on the time got the transfer from msia forward sg

but the pr give good security feeling..  no?

jump are the workjobs are easier, not need the new ep pass i think

cpf are added no tax give the gov, but not in cpf give allowance in cash will get the tax income i think

55 are blink the eyes past, very faster and also cpf are the can use buy hdb, insurance, aberdeen... no needing the 55... no?

also gooding the SRS to no pay the tax... this 1 the friends teaches me if pr... also other the cheats to no or less taxing income

http://www.asiaone.com/Business/My%2BMoney...125-182255.html

ah.. sux me still not millionaire yet 
i agree on mackiddo in this, can ask what industry u in ?

previously when i was on workpass, my co have a voluntary CPF contribution, mean if i decided to contribute my portion the employer match their share, after a 1 year, i decided to stop as i need the money to roll for my studies.
nowadays they return their portion back to u, ...mean if u have a better use of the money else where then nogo 

with the tightenin of the work pass every year, PR offer comfort thou, if u P1 level then different story
but if u bordeline in WP/EP and in attractive industries, SG gov might oust u out and give the job to the local or PRC local hehe

Sadly my company do not pay me CPF in cash... but I don't think I'll forever work in SG, current plan is around 3-5 years...

For me PR is good if I plan to change job in future...

lol, having difficulty to understand the full meaning of your reply

I'm in IT industry and borderline of EP... and with current announcement on EP, I'm getting a bit worried...

Hey all sorry for slow response and not following this thread that often as I've been busy with work and life...

Implying which those of us who spam here have no work and no life ...     

Not necessary putting into Malaysia's FD will do better than SG's FD. Due to interest rate parity, higher FD rate in MY than SG might be balanced with depreciation of RM against SGD.

Hi guys, I'm going to start work on next Monday.

My company applied EP for me on Thursday evening and get in-principle approval on Friday morning. Very fast and efficient.

Stay in SG and spend RM really expensive hahaha. I have been in Singpore and look for job for about 2 weeks, spend about RM 1k.

Hi Guys,

I've started working in Singapore since last monday... Wanted to check are there any meetups held by the SG Lowyaters ?

Regards,
Ian

Hi Guys,

I've started working in Singapore since last monday... Wanted to check are there any meetups held by the SG Lowyaters ?

Regards,
Ian

Any members here owning a SG car?

Can share what car you got? and how's the installment and downpayment like?, HDB parking rates???, annual roadtax how much? which petrol you pump, SPC, shell, or Mobil?

I heard shell got $10 rebate for every $50 you pump...

We are having a BBQ at the end of August and everyone is welcome to join. A good time to make new friends. Majorities are Malaysian working in Singapore. More info at ;

http://www.realmendontsleep.com 

Non PR need PR friend as guarantor.
Interest rate is low compared to Malaysia.
Insurance is the thing that kills, was quoted 4.5k with 1 month Singaporean license. 26 years old.
Is possible to get 0% downpayment with 2nd hand car.
HDB open air season car park, 63.5 per month.
Road tax for 1.6 Mazda is 7xx if I recalled correctly.
Petrol, was driving for about 8 month and I only pumped once full tank and 2 times $20 in Singapore, the rest, buatan Malaysia.
Sold my car and now seconded to Vietnam.

Any members here owning a SG car?

Can share what car you got? and how's the installment and downpayment like?, HDB parking rates???, annual roadtax how much? which petrol you pump, SPC, shell, or Mobil?

I heard shell got $10 rebate for every $50 you pump...

Omg.  4.5k insurance is more than rm10k. I don't think Im willing to spend that much.

Talk to your parent or wife (sibling cannot) who have NCD in Malaysia. Ask them to transfer their ncd to you and you cover their higher insurance cost. Mine is ~700+ per year.

I got a 3 yr used family sedan when the new advante
with Coe was selling at 50k. Parking about 70/month. Petrol really depend on individual usage. Servicing is much cheaper if you get familiar with car and know how to source part and services. I believe if you take good care of your car, it take good care of your life. So I spend if I have to.

I resisted getting a car until I really need it. I make it a point to buy the place I stay before buying a car.

Surf the local sgcarmart and the mycarforum for more info.


I didn't know NCD can be transferred from a name to another name. Should have done that, but I used my uncle name instead. 4.5k is because I am 26 and just got the license for one month.

I thought HDB parking pretty standard ? mine is $90 for multi-storey car park. Luckily I got free sheltered parking at work. My insurance now is around $1k down from $2.5 when my ncb is totally zero. Road tax is around $600+ per year. I pump the fuel that I play a part to make, so I'm confident that I'm using the best fuel, got 18% discount as well.