Singapore Expats Forum

Leaving SG - need some help

Moving to Singapore? Ask our regular expats in Singapore questions on relocation and their experience here. Ask about banking, employment pass, insurance, visa, work permit, citizenship or immigration issues.
Post Reply
Sherrylings
Newbie
Newbie
Posts: 2
Joined: Sun, 21 May 2017 1:59 pm

Leaving SG - need some help

Post by Sherrylings » Sun, 21 May 2017 2:27 pm

Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.

User avatar
ecureilx
Immortal
Immortal
Posts: 9811
Joined: Fri, 20 Aug 2010 5:18 pm

Re: Leaving SG - need some help

Post by ecureilx » Sun, 21 May 2017 5:07 pm

Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.
If you bring out more than 50,000 you need to declare I think.

Look it up in MAS site

MikeJones
Regular
Regular
Posts: 147
Joined: Tue, 23 Sep 2014 10:49 pm

Re: Leaving SG - need some help

Post by MikeJones » Sun, 21 May 2017 9:47 pm

From the ICA website https://www.ica.gov.sg/page.aspx?pageid=98#currency there is no limit but you must declare anything over $20,000.

Mike

Sherrylings
Newbie
Newbie
Posts: 2
Joined: Sun, 21 May 2017 1:59 pm

Re: Leaving SG - need some help

Post by Sherrylings » Sun, 21 May 2017 9:57 pm

Thanx both. That was super helpful.

User avatar
Wd40
Director
Director
Posts: 3975
Joined: Tue, 04 Dec 2012 10:53 am
Location: SIndiapore

Re: Leaving SG - need some help

Post by Wd40 » Sun, 21 May 2017 11:52 pm

ecureilx wrote:
Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.
If you bring out more than 50,000 you need to declare I think.

Look it up in MAS site
Bring out or take out? You have become a proper local now :)

Sent from my Redmi Note 4 using Tapatalk

User avatar
PNGMK
Governor
Governor
Posts: 6691
Joined: Thu, 21 Mar 2013 9:06 pm
Location: Sinkapore

Re: Leaving SG - need some help

Post by PNGMK » Mon, 22 May 2017 8:22 am

Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.
Don't forget Canada has a rule on declaring what you bring in to Canada.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

User avatar
ecureilx
Immortal
Immortal
Posts: 9811
Joined: Fri, 20 Aug 2010 5:18 pm

Re: Leaving SG - need some help

Post by ecureilx » Mon, 22 May 2017 8:48 am

Wd40 wrote:
ecureilx wrote:
Sherrylings wrote:Hi all,

I am moving back to Canada at the end of Jun'17. Just wanted to know if there is a limit on cash which one can take OUT OF SG. I do plan to declare the forex I am taking out. Kindly clarify. Thanx.
If you bring out more than 50,000 you need to declare I think.

Look it up in MAS site
Bring out or take out? You have become a proper local now :)

Sent from my Redmi Note 4 using Tapatalk
I will be more localised when I tell my colleagues I am coming home, when 'leaving work', because one always COMES HOME !!! Never goes Home.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 36737
Joined: Thu, 11 Nov 2004 1:26 pm
Location: Retired on the Little Red Dot

Re: Leaving SG - need some help

Post by sundaymorningstaple » Tue, 23 May 2017 9:28 am

Depends if you live in a shophouse or not. ;-)
:mrgreen:

User avatar
ecureilx
Immortal
Immortal
Posts: 9811
Joined: Fri, 20 Aug 2010 5:18 pm

Re: Leaving SG - need some help

Post by ecureilx » Tue, 23 May 2017 11:43 am

sundaymorningstaple wrote:Depends if you live in a shophouse or not. ;-)
:mrgreen:
Tricky :D :D

Post Reply


  • Similar Topics
    Replies
    Views
    Last post

Return to “Relocating, Moving to Singapore”

Who is online

Users browsing this forum: No registered users and 1 guest