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.
-
boffenl
- Reporter
![Reporter Reporter]()
- Posts: 565
- Joined: Wed, 20 Dec 2006 11:07 pm
- Location: Clementi all the way baby!
-
Quote
-
0
login to like this post
Post
by boffenl » Wed, 20 Dec 2006 11:15 pm
Happy Holidays!
I've been told a few things by NUS officials that I'd like to double check with readers of this site--especially US expats. We're from the mid-west, so this will be a big change for us.
Annual Base Salary: $110,000 SD
one-time relocation: $10,000 SD
no accomodations (except one month in KentVale)
$70 p/month in lieu of hopitalisation benefits (will be converted into insurance based in March they tell me)
What can I expect to take home each month? I was told that : You will only have to pay local Singapore income tax (and for a S$110,000 income, the current tax payable is no more than S$8,500). Seems a bit low--anyone help!!?
I know that as a US citizen, my first US$80,000 will be income tax exempt here in the US.
What about hospitalizations? What does a normal childbirth delivery cost in Singapore?
I'd appreciate hearing from some US expats out there!
Thanks,
Liza
-
Coopek
- Newbie
![Newbie Newbie]()
- Posts: 14
- Joined: Fri, 01 Dec 2006 10:21 pm
- Location: Singapore
-
Quote
-
0
login to like this post
Post
by Coopek » Thu, 21 Dec 2006 1:58 am
Hi Liza,
I am not a US expat, I have been here for the last three months from NZ.
Your tax information sounds correct, Singapore has one of the lowest tax rates. Please check with your employer whether your salary is based on 13 months. In some places, you are paid 13 monthly salary payments and 1 of the payments has to be given back to the government as Tax.
There is no PAYE scheme here( monthly deductions by the employer)
Regarding hospitalization, please logon to Mt Elizabeth hospital website, it should provide you with all the information. You may find subsidised medical insurance by the employer, NUS. please check with them.
Good luck, Hope everthing will work out for u.
-
boffenl
- Reporter
![Reporter Reporter]()
- Posts: 565
- Joined: Wed, 20 Dec 2006 11:07 pm
- Location: Clementi all the way baby!
-
Quote
-
0
login to like this post
Post
by boffenl » Thu, 21 Dec 2006 3:02 am
Thanks Coopek! I'll log onto the hospital site and see what I can find out. I thougth all expats paid 15% on salary over SD $100,000?
Liza
-
sundaymorningstaple
- Moderator
![Moderator Moderator]()
- Posts: 40551
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Thu, 21 Dec 2006 10:45 am
boffenl wrote:Thanks Coopek! I'll log onto the hospital site and see what I can find out. I thougth all expats paid 15% on salary over SD $100,000?
Liza
Liza,
Like the US, the Singapore Tax system is a graduated tax rate. this means that like the US only taxable income OVER that amount will be taxed at that amount. (assuming you will be in the country more than 183 days during the calendar year in the first year). If not in the country then all will be taxed at 15% or the normal rate whichever is greater. So assuming you will be here more than 183 days. your tax on 110,000 would be $8,800
Here are some links to IRAS that may be helpful.
http://www.iras.gov.sg/ESVPortal/iit/ii ... gapore.asp
http://www.iras.gov.sg/ESVPortal/iit/ii ... iduals.asp
http://www.iras.gov.sg/ESVPortal/resour ... ya2006.xls
As there is no PAYE, you will have to file by 15 April (sound familiar?) but you might not received your tax bill until July-Sept and it will be due and payable so be sure to allow for that!
Where you are going to get screwed is the new tax lawes in the US with regard to the excess income over the 84K Though you should be below that once the exchange rates come into play.
sms
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
boffenl
- Reporter
![Reporter Reporter]()
- Posts: 565
- Joined: Wed, 20 Dec 2006 11:07 pm
- Location: Clementi all the way baby!
-
Quote
-
0
login to like this post
Post
by boffenl » Thu, 21 Dec 2006 11:46 pm
I appreciate the links. Any chance you migth have some for medical insurance--esp. hospitalization insurance? My husband is most worried about medical insurance, and I'd like to know how other expats (particularly those of us used to paying each month through our employer and then paying a co-pay at the office) manage. Thanks!
Liza
-
shef
- Member
![Member Member]()
- Posts: 22
- Joined: Tue, 17 Jan 2006 7:22 pm
-
Quote
-
0
login to like this post
Post
by shef » Sun, 04 Feb 2007 9:56 pm
Hi,
This is another hospital like Mt Elizabeth with their fees attached.
http://www.gleneagles.com.sg/packages.jsp#maternity
this does not inlcude your regular consultation with the Obstetrician. I currently pay SGD $100 per visit excluding any medication/supplements. This doctor then has an additional fee after the delivery ranging from SGD$3000-$6000 depending on the delivery.
I am told from a friend who recently had a baby in Singapore to expect to pay anywhere from SGD$10K - $15K depending on delivery.
Fees for a normal GP consultation is SGD $65 per visit excluding any medication. I am sure that this price varies a great deal but this is what we pay.
I think you should try an negotiate for some health insurance coverage.
-
iis
- Member
![Member Member]()
- Posts: 26
- Joined: Tue, 06 Feb 2007 10:20 pm
-
Quote
-
0
login to like this post
Post
by iis » Sat, 10 Feb 2007 8:49 pm
You can also sheck Thomson medical centre at
http://www.thomsonmedical.com/Tmc.htm#
I heard from some friends it's a good hospital for women & children and not very expensive.
-
-
Youtube family plan can up to 5 family members?
Replies: 9
First post
my parent and brother live nearby my home..can they enjoy the family plan which is $17+ per mth
Sent from my SM-G991B using Tapatalk
Last post
So i jus apply the youtube family plan..i can put any 5 member i want including friends or family member rite?
Sent from my SM-G991B using Tapatalk...
- 9 Replies
- 14197 Views
-
Last post by Lisafuller
Fri, 30 Jul 2021 11:57 am
-
-
Is there a place or rent in Singapore (nearby NUS) with an affordable price?
Replies: 14
First post
Sup good people, I will be working in Singapore (at NUS) soon. I wonder if there is a rent or place nearby NUS equipped with a kitchen (sharing...
Last post
Oh really? It's new to me =D> . Gonna be worth to check around. Thank you :D
Aside from the faculty housing, could you tell me more where foreign...
- 14 Replies
- 7518 Views
-
Last post by Lisafuller
Mon, 20 Mar 2023 9:57 pm
-
-
Opening a bank account in Singapore as a EU citizen
Replies: 30
First post
Hi,
I am in the process of arranging a relocation to Singapore and have currently some interviews with potential employers. Whenever I am there I...
Last post
Considering his IP address (German?) and a throw-away email address? Sixteen years moderating this board, and the fact that between the two active...
- 30 Replies
- 18932 Views
-
Last post by sundaymorningstaple
Sat, 31 Oct 2020 12:05 pm
-
-
- 2 Replies
- 16173 Views
-
Last post by PNGMK
Fri, 05 Aug 2022 5:09 pm
-
-
Can you legally exit your citizen country in any circumstances?
Replies: 2
First post
converse: on what legal basis can the gahman prohibit you from exiting?
Last post
Interestingly, Kiwis have no such restrictions.
Australia's stance actually took me quite by surprise & I find it instinctively disagreeable for a...
- 2 Replies
- 3670 Views
-
Last post by BigginHill
Tue, 20 Oct 2020 10:24 pm
Users browsing this forum: No registered users and 2 guests