Hi Klaudia,klaudia wrote:If I get an EPEC, can I leave the country and go back again, does it work like a re-entry visa?
Not true, sorry LittleGreenMan. If the source of the funds never touches Singapore soil then there is no issue whatsoever. How do you think people come to Singapore on business while being tax resident elsewhere? One of the businesses I own is based overseas, and no money lands here. No issue from MoM.littlegreenman wrote:
Theoretically you are not allowed to do your work (regardless whether it is online or in an office) in Singapore without an Employment Pass/PR or anything such. Having said that, of course it is possible without getting noticed...
That is incorrect. You create no financial footprint in Singapore and you provide no services in Singapore; hence you should do just fine a regular social visit (tourist) visa.littlegreenman wrote:Theoretically you are not allowed to do your work (regardless whether it is online or in an office) in Singapore without an Employment Pass/PR or anything such. Having said that, of course it is possible without getting noticed.
Well from my own experience a one way ticket anywhere will do. So go for the cheapest you can get (SIN to KL or Bali) one way (not even a need to book return).klaudia wrote: If I have a ticket coming home from Singapore at the end of my year trip, am I OK? Or I can still not buy a ticket like Singapore-Bali-Singapore. Shall I buy the tickets all together, so the last leg would be back to Europe?
Err... if she remits the proceeds to Singapore (eg by credit card when paying groceries), would this change the scenario?Strong Eagle wrote:That is incorrect. You create no financial footprint in Singapore and you provide no services in Singapore; hence you should do just fine a regular social visit (tourist) visa.
Nope. See this is what I did before. Buy a cheap felxible one way ticket to say Timbuktu. Before you go into Singapore you fix it to a date 30 days from your date of entrty. Then you leave for... say Thailand and change the departure date for the one way ticket to 30 days from when you plan to get back to Singapore. Then you go back to Singapore again and change the one way ticket before you leave for let's say Tokyo, to 30 days from when you get back to Singapore again. If you have a fully flexible ticket you can do that without problem. After a year when you are about to go home you just refund and get all your money back. I did that a few years ago and it worked like a charm... just that the ticket was a MAS ticket bought from Qantas. Qantas said MAS has to refund, MAS said Qantas has to refund so I never saw the USD 150 again. But if you buy it directly from the airline it is for, you shouldn't have that problem.klaudia wrote:Sorry, my bad.
You meant, buy a return ticket to Bali and back and purchase an extra ticket from Singapore to Malaysia? Do they sell me a return ticket from Singapore at all?
No, I don't think so, LGM. So long as the earnings are made offshore from Singapore (and tax is paid), bringing cash in is not a problem, let alone using a credit card, subject to the S$30,000 reporting limit.littlegreenman wrote:Err... if she remits the proceeds to Singapore (eg by credit card when paying groceries), would this change the scenario?Strong Eagle wrote:That is incorrect. You create no financial footprint in Singapore and you provide no services in Singapore; hence you should do just fine a regular social visit (tourist) visa.
Sorry guys I am not convinced. Let me check what IRAS has to say.sierra2469alpha wrote:
@LittleGreenMan - No wrong again - remittance to credit card companies where the card is based outside of SIN is not subject to local tax, subject to the local currency allowances as Strong Eagle pointed out - which is $SGD 30K. Again, how many companies work in and out of different economies without paying tax - these guys have no financial loss or gain to Singapore.
Mr. P
And that is if you are employed by a foreign employer. Pls note tax resident is not equal to resident as in immigration status. Of course she would get away with not paying taxes in Singapore I guess but if you strictly follow the IRAS guide this is what should happen in theory.You will be taxed on income earned for the period you worked in Singapore even if your employer is not a resident in Singapore, or your income is not paid in Singapore. This also applies if your employer sends you here for training.
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+If you work in Singapore for 60 days or less in a calendar year, you will be exempt from tax on your earnings here.
+If you work in Singapore for 61 to 182 days in a calendar year, your income will be taxed at 15% or resident rates for individuals, whichever gives the higher tax.
+If you work in Singapore for 183 days or more in a calendar year, your income will be taxed at resident rates for individuals.
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