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 Working in Singapore v9, How to save 100k in 3 years to buy HDB?

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andoril
post Dec 23 2011, 12:53 PM

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Joined: May 2005
From: Penang, Ipoh


QUOTE(jhcj @ Dec 21 2011, 11:19 AM)
sorry, my mistake, not a penalty.

if someone works less than 183 days in singapore and then leaves the country, they will have to pay tax at a higher rate to govt.

if you change companies, there's no penalty.
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if im not mistaken its at 15%. but should be able to get back the overpaid monies from IRAS.


Added on December 23, 2011, 12:58 pm
QUOTE(seantang @ Dec 23 2011, 12:38 PM)
Well, not in the traditional sense of the word, but we fit much of the definition of the term 'expat' except that 90% of us have to pay for it out of our own pockets. You pay or employer pays.., it's all coming out of your overall package.

It's not like we're doing menial work, have no alternative employment back home and are not in control of our situation and environment (ie. package). I did my math before accepting my transfer here. If I don't get to live a comfortable life and at the same time earn & advance in my career significantly more than remaining in KL, I wouldn't have come here at all. I hope you guys did your math as well.
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haha.. ya, have to agree. comfortable life, career advancement and earnings are so many times better than back home.

This post has been edited by andoril: Dec 23 2011, 12:58 PM

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