Not entirely true.. i didn't get a tax invoice/assessment during my first year working in singapore. Started around Aug 14.

Only this year did I have to pay tax, which was backdated to Aug 14 and at the normal residentialresidential rate, not the 15%.

The 15% rate is generally for those who work short term in singapore and leave within 180 days. (Which actually happened to my sister who was on a training programme here. Let's just say she wasn't a happy camper.)

This post has been edited by the99percent1: Jul 3 2016, 02:29 PM

Fd rates in singapore is low. 0% even.

Yup...something low like that. Better you remit your funds to ringgit and leave it in a Malaysian fd @ 4% per month.

Says who? Never heard of anyone getting ep below the required minimum salary.

Also, I hope they don't raise the minimum required income to bring in family.. 5k is already ridiculously high. Wat the gomen of singapore think? Worker here meant as slave.. ? No time even for family..

This post has been edited by the99percent1: Jul 26 2016, 07:33 PM

That's for individual family to go figure out and make it work. Gomen shouldn't apply blanket rule over an arbitrary spending figure based on the lifestyle of a high rolling expat banker..

Also.. if epass holder can bring family in good for singapore economy.. more mouths to feed means more local spending and less money can be transferred overseas.

This post has been edited by the99percent1: Jul 27 2016, 07:59 AM

Why would you do that? He probably gotten a good rate due to the reason the landlord didn't register with hdb.. once registered, I think the landlord will charge him more.

10k not alot? U could probably buy over the newly minted world's first Michelin awarded hawker prior to their award.

My go to method of tt.

Usually into my maybank account by 32 hours.

Just go jb sentral and buy the lavendar punya version good enough d...

Is there anyone who offer car pooling services from jb to sg on working morning here? Or know of anyone who does this. Please let me know. Thanks.

Im flexible
Tebrau area to anywhere on red line.

Try out for 1 month first.

Cheers bro!

Actually.. i was gonna car pool people across since I have a malaysian car and will be living in jb soon.

Even then, there is a huge difference between the two.. One is a service, the other is a favour. A big favour considering you have to stick your neck on the line for a random stranger who you have no idea what his or her work ethics, temperament and motives are..

I wouldnt refer a stranger online, unless I personally spoke to them first. Thats just me. I guess you have more tolerance for risk taking behaviour. Gambling.

Eh dei... stop with the melodrama and over the top response...

Noone is saying he isnt capable... I was merely pointing out the fact that he was offering his help to a random stranger without any personal gain, consideration of the risks and or consequences.

Maybe there is such a thing as a free lunch. I tend to err on the side of caution and live my life knowing there is no such thing. I believe it is better to strive hard and earn your keep by yourself rather than expect a hand-out.

The fact of the matter is that most Malaysians would love to work in Singapore. There is no short supply of FT. So why should he get a leg up just because he posts on a forum?

Anyways, I'll stop there. Coz I know it is gameover and no point in arguing over such small matter. My message was miscontrued. Character assassination behind a keyboard is really easy.

Nothing, im a cheapskate. I save all my money and invest in property.

My goal is to purchase one every year. If i achieve this goal, in 13 years time, I would have 16 property and if all are rented out, I can probably retire by 40.

As long as my salary keep increasing every year, i will be able to meet the 30% debt to income ratio. Funnily enough.. the banks wont add to your current loans to the ratio if you are renting out your investment prop. I find that stupid, but not complaining as im benefactor of such arrangement.

Saving for a downpayment is easy with exchange rate of x3 and you save more than 55% of your take home pay.

My first prop, i admit i had financing help from my parents by utilising some equity of their fully paid off home. Second prop I bought, was my first msian home loan. Third prop which I bought recently and will be staying at in jb, I took advantage of singapore lower interest rate for overseas props. Just give them 20% dp and gau tim.

Qualifying for loan seem so easy. But ya, as long as my salary keep increasing every year, i think i can keep this up. Lol.

Can.. there are many ways. Including partitioning rooms creating more rooms.. then rent out single rooms to students or working professionals. Anything is possible in bolehland.

. I not local or pr, so no hdb for me. ( and i dont think it is a smart idea to buy private prop.

Plus, i prefer landed. For condo, you are just paying for air in the sky.

Can la.. but must sell all within certain period of time.

Eh dei... this not malaysia alright. If gomen find out, they will confiscate your hdb flat. You dare run that sort of risk?