I'm betting you'll be Malaysian Chinese for the rest of your life!PrimroseHill wrote:still Malaysian Chinese
He would kill me if I go out and rent the cheapest 3room HDB lol. We are considering a Service Apartment for a month or 2 until the relocation services arrives with our worldly possessions, then rent a condo for ideally 6 months but thats proving expensive.zzm9980 wrote:Oh I think even Malaysian Chinese will need to give it at least 6 months. Just go rent the cheapest 3-room HDB you can find as soon as you get here for a year. It'll really make you appreciate the place you buy
Not sure what you mean by "PEP with a global company"? That's not how a PEP works as they aren't tied to a any specific company.PrimroseHill wrote:Inspired by a similar thread, I would like to pose similar questions. Msian chinese, University graduate, reside in UK past 2 decades, still Malaysian Chinese. PEP with a global company. Monthly salary- circa $16-18k. OH- British, US Graduate and UK graduate. On dependent pass - will apply for jobs once onshore. Daughter: 13 years of age, international British school.
Reason for wanting to apply for a PR reasonably speedily is so that we put down roots in Singapore. We want to be able to buy a house, yet not quite ready to part with ABSD at 10%. Singapore is going to be our home, we have decided to quit the UK forever.
So, is it worthwhile to put in an application straightaway or wait till end of the year?
A little ball of fur wrote:The OP has no intention of settling in Singapore on a permanent basis. She is a potential PR abuser.
In a previous post dated January 12th, she was seeking advice on whether she could consolidate her Malaysian EPF account and the Singapore CPF (when she becomes a SPR). Further on, she asked, "Am assuming that I can withdraw my entire CPF if I leave Singapore and return to UK? If I intend to go to West Malaysia from Singapore, then I am unable to do. Am I right?"
Here is the link - http://forum.singaporeexpats.com/sutra5 ... tml#565026
I took a screenshot of it for prosperity, just in case she edits the post.
From what I gather, she is looking to come to Singapore to work, get the SPR to avoid paying the 10% property stamp duty and wait out the global economic downturn. Once the global economy picks up, she will ditch her Singapore property with a nice tidy profit, renounce her SPR, cash out her CPF and return to the UK.
How am I doing so far?
I'm just spelling it all out to everyone again that the OP is no different in this case.sweetgazebo wrote:Don't you think what you explained below applies to all foreign workers / talents who come to Singapore, get their PR, build / buy their retirement properties back home and then renounce their SPR and cash out their CPF upon deciding to go back?
A little ball of fur wrote:The OP has no intention of settling in Singapore on a permanent basis. She is a potential PR abuser.
In a previous post dated January 12th, she was seeking advice on whether she could consolidate her Malaysian EPF account and the Singapore CPF (when she becomes a SPR). Further on, she asked, "Am assuming that I can withdraw my entire CPF if I leave Singapore and return to UK? If I intend to go to West Malaysia from Singapore, then I am unable to do. Am I right?"
Here is the link - http://forum.singaporeexpats.com/sutra5 ... tml#565026
I took a screenshot of it for prosperity, just in case she edits the post.
From what I gather, she is looking to come to Singapore to work, get the SPR to avoid paying the 10% property stamp duty and wait out the global economic downturn. Once the global economy picks up, she will ditch her Singapore property with a nice tidy profit, renounce her SPR, cash out her CPF and return to the UK.
How am I doing so far?
Users browsing this forum: No registered users and 9 guests