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by PNGMK
Thu, 16 Mar 2023 8:42 pm
Forum: Parenting, Family & Schools
Topic: Thinking of Divorce
Replies: 14
Views: 1182

Re: Thinking of Divorce

There are a lot of good books out there that can really help… many available to borrow for free from NLB, including ebooks. I can’t recall which book I read it in, but there is something called the four horsemen, which is quite useful when facing a potential marital apocalypse. The Four Horsemen: C...
by PNGMK
Thu, 16 Mar 2023 12:03 pm
Forum: PR, Citizenship, Passes & Visas for Foreigners
Topic: ChatGPT calculates your PR Probability!
Replies: 24
Views: 1512

Re: ChatGPT calculates your PR Probability!

Sadly in the Singapore context it is virtually worthless if it doesn't take into consideration race/ethnicity and age & fertility because we all know Singapore also uses immigration to bolster it's (in it's eyes) ideal demographic percentages and future NS needs. Good for discussion but please don'...
by PNGMK
Thu, 16 Mar 2023 11:21 am
Forum: Property Talk, Housing & Rental
Topic: Buying property in Singapore as dual-nationality
Replies: 6
Views: 1831

Re: Buying property in Singapore as dual-nationality

I should add that there are additional burdens on being a US Citizen that may make this unpalatable. The foremost being taxation on capital gains (AFAIK).
by PNGMK
Tue, 14 Mar 2023 7:12 pm
Forum: Property Talk, Housing & Rental
Topic: Buying property in Singapore as dual-nationality
Replies: 6
Views: 1831

Re: Buying property in Singapore as dual-nationality

Actually I don't think it's a problem and you're in a very interesting situation where you can buy a property cheaper than a PR!. The FTA is there. There is no rule stopping a PR having dual citizenship. I wouldn't change the passport your PR is linked to but use your US citizenship to request an AB...
by PNGMK
Tue, 14 Mar 2023 10:17 am
Forum: Leisure Chat, Jokes, Rubbish
Topic: the “not whiskey” about malaysia
Replies: 1
Views: 236

Re: the “not whiskey” about malaysia

Very interesting report Taxico. Your life has certainly changed. I spend a fair bit of time in Malaysia these days but have never "resided" there. KL looks easy enough but Johor not so much to me. FYI there is a Mustafa opening in JB near city square. Get some medical care for your wife (I assume yo...
by PNGMK
Tue, 14 Mar 2023 10:06 am
Forum: Property Talk, Housing & Rental
Topic: Landlord lied to vacate the house!!!
Replies: 6
Views: 548

Re: Landlord lied to vacate the house!!!

Never end a lease prematurely without compensation.
by PNGMK
Sat, 11 Mar 2023 6:44 pm
Forum: General Discussions
Topic: CPF accounts of 300,000 foreigners will automatically close from April 2024
Replies: 21
Views: 1527

Re: CPF accounts of 300,000 foreigners will automatically close from April 2024

Beppi - I think you know the issue .... you have blotted your copy book so to speak.

I imagine in due course you will hear from CPF if affected by this (make your your address is up to date)/.
by PNGMK
Sat, 11 Mar 2023 4:28 pm
Forum: PR, Citizenship, Passes & Visas for Foreigners
Topic: Work Permit Marry Singapore Citizen
Replies: 5
Views: 555

Re: Work Permit Marry Singapore Citizen

Hi all, I'm currently work permit holder in Singapore, Malaysian. I'm pregnant with a Singapore Citizen's child. We applied approval from MOM for marriage but haven't get a reply yet. It has been two weeks and my due date is in June 2023. I understand that MOM will email back to us within 4 weeks b...
by PNGMK
Fri, 10 Mar 2023 9:51 am
Forum: Financial Investment
Topic: SRS investment options
Replies: 96
Views: 20543

Re: SRS investment options

I did my taxes for YA2022 yesterday SRS and CPF VC helped reduce my taxes to $424. (Half my YA2022 income was sourced and derived by activity outside Singapore tho) As a self employed contractor I can claim 100% of my CPF VC. That and SRS and QC and income deductibles pushed my total tax deductible...
by PNGMK
Fri, 10 Mar 2023 8:45 am
Forum: Financial Investment
Topic: SRS investment options
Replies: 96
Views: 20543

Re: SRS investment options

I should add that these days for SRS investments I just buy a 1 year IPL. Great Eastern have some that return 4% capital guaranteed. It provides a return and insurance during the term.
by PNGMK
Thu, 09 Mar 2023 8:09 am
Forum: General Discussions
Topic: CPF accounts of 300,000 foreigners will automatically close from April 2024
Replies: 21
Views: 1527

Re: CPF accounts of 300,000 foreigners will automatically close from April 2024

If it gets withdrawn, it means less SSGS money for MAS/GIC to invest - which means lower total dollar returns, and potentially higher taxes to make up for it - - not significant, but I see no benefit for the government or taxpayers. Maybe whatever is left earning zero will make up for it. Yes I agr...
by PNGMK
Wed, 08 Mar 2023 9:16 pm
Forum: General Discussions
Topic: CPF accounts of 300,000 foreigners will automatically close from April 2024
Replies: 21
Views: 1527

Re: CPF accounts of 300,000 foreigners will automatically close from April 2024

There is no point in giving up PR if you want your CPF to earn interest. However I guess you can lose PR if outside Singapore for sometime so this is a problem. I also think this is from is the old era when EP holders had to pay CPF (approx 1990 it changed). I suspect many of these people have eithe...
by PNGMK
Wed, 08 Mar 2023 12:17 am
Forum: Careers & Jobs in Singapore
Topic: Job with more than 12000 SGD Salary
Replies: 16
Views: 5274

Re: Job with more than 12000 SGD Salary

Change your skin color to pink.
by PNGMK
Tue, 07 Mar 2023 5:38 pm
Forum: Property Talk, Housing & Rental
Topic: Am I able to afford a small condo?
Replies: 2
Views: 449

Re: Am I able to afford a small condo?

You need 25% deposit upto which can be 10% from your CPF OA. Legal fees ~3k ABSD and BSD and legals cannot be financed and needs to be paid in cash on settlement. Renovation, moving costs, MCST fees etc all may need to be paid. For a 1.5 MM Condo: Deposit (25%) $375k. ABSD (5%) $75k BSD $30,400 Tota...
by PNGMK
Sun, 05 Mar 2023 8:04 pm
Forum: National Service
Topic: NSmen Expired Exit Permit ( 15 months overdue)
Replies: 62
Views: 62835

Re: NSmen Expired Exit Permit ( 15 months overdue)

Ok you won't get prison. Fine and make up service. Not sure why i had so many grammatical errors in my reply, but somehow i cannot edit it. Corrected version: I would certainly hope it is a fine and NOT prison time. not sure why the NSmen in the article i listed above needed to be arrested and face...

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