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

PNGMK wrote:IF you can access the Australian one operating out of Darwin - that is safe place.

Well, any global company operating out of the UK and listed on the London Stock Exchange would be a safe place too. The question is whether the law in Singapore allows residents to deal with such institutions freely.

I'm going to go about this logically, and because I need a SGD account I might as well stick to the "Big 3." I need EUR too, but if push comes to shove I can always set that up in Europe for a Singaporean company. But ideally I would like of course for the EUR account to be set up here along with th...

I am worried if so baby will learn the local accent very quick if her classmates are all very local. What do you think or any experience can share? No need to be worried. At all. As long as you speak 'standard English' at home your child will develop both accents as if they were parallel languages....

taxico wrote:http://www.singaporepools.com.sg

Yup, the only legal option here. If you live here, stick to the law.

Plus for some months now they are now online.

Yeah, but the same could be said for allowing companies to be incorporated at all, or even for cash transactions to be allowed. Ideally the law should provide for non-discrimination and access to all facilities, unless a financial institution deems a high probability of criminal activity after which...

we are headed back very quickly to the days when the only way you could open a bank account was to be recommended by someone else the bank trusted AND I DON'T BLAME THEM. This shows a broken system if ordinary people cannot get basic services because of some great, all-powerful fear of mind-bending...

Interesting read, but barring cash transactions why is this such a problem for the banking sector? It doesn't seem logical to stifle banking for companies/entrepreneurs in some sort of witch hunt when every local business relies on banking for everyday matters just like you need an electricity provi...

I'm in Singapore on a working holiday pass, and I've tried to open bank accounts at both UOB and DBS/POSB--both refused because my visa is less than six months. I'm looking at Citi now (I'm American)... Can't you get accounts at those banks as a foreigner living abroad? Seems like the US passport m...

Tried bank of China or standard chartered yet? The first isn't on the cards and SC has quite high min. deposits and min. balances to avoid their hefty fees, as I'd like to have both SGD and EUR accounts at the same place preferably. Seems like I'll have to give the big 3 another look again and comp...

While here that time He applied for PR and received it (he'd always left the CPF in situ and while he's had to give up his PR again as he went back to Indo for 3 years and VN for a year, he's still leaving those funds in CPF drawing nice interest rates. Smartest decision ever, especially with it be...

Would like to send my kids, aged 6 & 9, to a week's worth of Mandarin classes next week. Have searched the web and have a handful of places that I will call or visit to get more details, but if anyone has any good place that they know (or will be sending their kids to too) then please pass along any...

With kids you should give cruises a try. It's the best way to visit a number of different places without constantly having to pack and move, as your hotel on water moves while you eat, drink, and sleep. :) The buffets will keep the kids happy food-wise, and the kids club on the ship will keep them o...

Thanks for the update.

Interesting how the option is no longer available as it could have been a good way to put away some money if someone was planning on staying in Singapore in the long-run and going for PR-status.

Strong Eagle wrote:If you pay a salary, it is subject to CPF and personal income tax.

Are EP holders still able to exempt themselves from CPF or have things changed recently?

Anyone have any good experiences to report in terms of running a foreign currency account for a company, especially in EUR? Not sure where to look but I'd prefer to stick to one of the major, local banks. I had HSBC but they decided to ditch small companies so I had to move to DBS, but they had a he...