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Equivalent Salary in Singapore in SGD

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KC@1980
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Equivalent Salary in Singapore in SGD

Postby KC@1980 » Wed, 13 Feb 2019 6:01 pm

Hi,

I am currently working in India and earn Rs 11 Million here( SGD 211K). I have been offered a position in Singapore and hence wanted to know what would be the ideal salary assuming I am able to maintain the same lifestyle.

As of now I save 25% of my monthly salary in India as savings and investments.

request help

KC@1980
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Re: Equivalent Salary in Singapore in SGD

Postby KC@1980 » Fri, 01 Mar 2019 4:06 pm

Need some help guys. I make SGD SGD 189k IN India . Is a salary of 303k SGD enough to maintain the same lifestyle in Singapore? what would be the ideal salary to maintain the lifestyle given where I am?

please help and share your comments.

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sundaymorningstaple
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Re: Equivalent Salary in Singapore in SGD

Postby sundaymorningstaple » Fri, 01 Mar 2019 5:52 pm

We don't know what kind of lifestyle you lead in India so it's a bit hard. I know people who live like they earn 250K/pa but only make 150K/pa. I know others who make 250K/pa but live like they make 100k/pa and save the rest. So without knowing more ........

KC@1980
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Re: Equivalent Salary in Singapore in SGD

Postby KC@1980 » Fri, 01 Mar 2019 6:00 pm

Thanks sundaymorningstaple for your comment. Just to elaborate with SGD 189k Salary in India, I come under upper middle class in India. I able to still save 20% of this salary as my savings. Given this information will you be able to help?

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PNGMK
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Re: Equivalent Salary in Singapore in SGD

Postby PNGMK » Fri, 01 Mar 2019 7:49 pm

300k is a upper middle class close to upper 10% salary here IMO. It's not a 1% salary (that's 3,000k) but it's good. Rental is your largest expense (and maybe schooling for kids).
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!


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