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Relocating to London

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.
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bodhidg1983
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Relocating to London

Post by bodhidg1983 » Mon, 25 Nov 2019 2:07 pm

Hello All,

I understand this is a forum to ask questions about moving in to Singapore. My question, though, is for moving out of Singapore, to London. But being unable to find a suitable forum, I am asking my question here. Please do direct me to the appropriate forum if the need be.

Receiving a compensation of 140,000 SGD annually here in Singapore, with a wife who is currently not working, what kind of a compensation should I be expecting for a similar quality of life and saving if we do move to London ? No kids as of now.

Any help/inputs in this matter is highly appreciated.

Thanks

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PNGMK
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Re: Relocating to London

Post by PNGMK » Mon, 25 Nov 2019 3:36 pm

Convert SGD to GBP 2:1 if you are not British, don't own a home and need to start off from scratch.

i.e. GBP 70,000

Even that may be a little light. I'd probably try for more.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
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You need Tax advice? Ask a CPA
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MikeJones
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Re: Relocating to London

Post by MikeJones » Mon, 25 Nov 2019 9:15 pm

I'd work out your take home pay in Singapore (after tax, CPF etc) then use a UK tax calculator (this one seems reasonably up to date https://listentotaxman.com/) to work out what you'd need to earn to get the equivalent in your pocket in GPB. The overall taxes you'll pay (including National Insurance) will be 3-4 times more than you pay in Singapore so there is a significant difference in what you'll actually have to spend.

Then this website https://www.numbeo.com/cost-of-living/c ... ty2=London will give you some idea of the cost of living differences though that will very much depend on the lifestyle you are after so it's hard to make generalizations.

Mike

Wong_Jnr
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Location: Singapore (ex-London)

Re: Relocating to London

Post by Wong_Jnr » Tue, 26 Nov 2019 2:28 pm

S$140k is around GBP70k take home.
To take home that amount in the UK you're looking at a salary of around GBP100k.
So around a 30% uplift in salary. Good luck, you'll need it.

What field of work are you in? London is just as, if not more competitive than Singapore as there's a much larger talent pool to choose from.

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