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Living expenses in singapore

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ani_india
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Thanks!!!

Postby ani_india » Sun, 02 Sep 2012 3:17 am

Thanks for the link

revhappy
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Postby revhappy » Tue, 04 Sep 2012 5:10 pm

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Last edited by revhappy on Sun, 14 Oct 2012 11:01 pm, edited 1 time in total.

ani_india
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Postby ani_india » Tue, 11 Sep 2012 2:39 am

Thr has hardly been any substantial hike in India in last three years... The avg yearly would be in the range of 4-8 %...

17L in India with 9+ years exp is not that common..its 30-40% more than avg salary but the company from which I got the offer has an excellent Revenue /Employee ratio (as good as google)

I am working as an oracle consultant and 'll be joining this Singapore company in PM role.

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Postby offshoreoildude » Tue, 11 Sep 2012 12:37 pm

It's not enough. Stay in India.

ani_india
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Postby ani_india » Tue, 11 Sep 2012 5:06 pm

offshoreoildude wrote:It's not enough. Stay in India.


Thanks for your suggestion but after a lot of research I am quite sure it would enough...may be not that good compare to what I earn in India but I would prefer to give it a try in Singapore...

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Postby revhappy » Tue, 11 Sep 2012 7:02 pm

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Last edited by revhappy on Sun, 14 Oct 2012 11:00 pm, edited 1 time in total.

singdream
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Postby singdream » Fri, 21 Sep 2012 3:52 am

Hi Revhappy,

I have seen your answers and It looked very relevant to me.
I have one Offer for 6500 SGD , I have total exp of 6 yr . Is it relevant for me to move Singapore?
Initially I will come without my family and 3-4 months they will join me here. I came to know , for single person 1600 to 2000 SGD (700 Rent+ 700 Food+ other exp) is sufficient and for family I can manage in 3000 SGD. Please also through some light on it. In India , I am working with 12.5LPA and tax bracket is 20% . I heared in Singapore tax is only 5% if I stay more than 183 days.

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Postby zzm9980 » Fri, 21 Sep 2012 9:08 am

singdream wrote:Hi Revhappy,

I have seen your answers and It looked very relevant to me.
I have one Offer for 6500 SGD , I have total exp of 6 yr . Is it relevant for me to move Singapore?
Initially I will come without my family and 3-4 months they will join me here. I came to know , for single person 1600 to 2000 SGD (700 Rent+ 700 Food+ other exp) is sufficient and for family I can manage in 3000 SGD. Please also through some light on it. In India , I am working with 12.5LPA and tax bracket is 20% . I heared in Singapore tax is only 5% if I stay more than 183 days.


You can see everything here as to how much taxes are. If you're here over 183 days, you pay the "resident" rate:
http://www.iras.gov.sg/irasHome/page04.aspx?id=1190

It is very hard to answer the other question since no one knows what your lifestyle is like in India.

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Postby singdream » Fri, 21 Sep 2012 11:24 am

Suppose i ll join in ago in Nov , so that in 2012, i will be stay for only 60 days, what would be tax for these two months by offering that i will also continue in 2013, but in 2012 only 2 month.

The basic question is , are this 183 days mandatory for every financial year?

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Postby Mi Amigo » Fri, 21 Sep 2012 12:14 pm

singdream wrote:Suppose i ll join in ago in Nov , so that in 2012, i will be stay for only 60 days, what would be tax for these two months by offering that i will also continue in 2013, but in 2012 only 2 month.

The basic question is , are this 183 days mandatory for every financial year?

All the info you need about tax is on the IRAS website; TBH it'll be best (and quickest) if you do some research there first.
Be careful what you wish for

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zzm9980
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Postby zzm9980 » Fri, 21 Sep 2012 12:17 pm

singdream wrote:Suppose i ll join in ago in Nov , so that in 2012, i will be stay for only 60 days, what would be tax for these two months by offering that i will also continue in 2013, but in 2012 only 2 month.

The basic question is , are this 183 days mandatory for every financial year?


If you're working on an employment pass that has at least the appropriate amount of time remaining at the end of the tax year then IRAS will charge you the resident rate.

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Postby sundaymorningstaple » Fri, 21 Sep 2012 12:46 pm

singdream wrote:Suppose i ll join in ago in Nov , so that in 2012, i will be stay for only 60 days, what would be tax for these two months by offering that i will also continue in 2013, but in 2012 only 2 month.

The basic question is , are this 183 days mandatory for every financial year?


As zzm noted. Additionally, it is only in the first partial year. the 183 days can be straddled across two consecutive years AS LONG AS THE EP is valid.

Please note that IF you are here less than two months the first year and do not make 183 days before leaving, you WILL be taxed at a flat 15% on all of your income.

Zephyr82
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Re: Living expenses in singapore

Postby Zephyr82 » Tue, 02 Oct 2012 4:30 pm

hola123 wrote:
wwww wrote:
hola123 wrote:Hi,

I am planning to move to Singapore with my 2 yr old child and spouse from India. I will get 4500 SGD per month.

What will be montly expenses considering all the things like rental, utilities bill, travel, playgroup costs for my child etc.

Is it worth coming to singapore if i earn 2500 SGD In India ? Thanks.


4.5k will be tight for a whole family but its doable.

A cheap apartment will set you back about 2-2.5k. Utilities ~ 80-300 (depending on how much you use aircon), Internet & TV 50-100, a full-time nanny ~1,000. Monthly commute ~$50

Then you add food an other necessities.

You do the math...


Thnks for the reply....what about school expenses for my child ? Any rough idea ? I know info is there in the forum just wanted a viewpoint on whether its worth coming there or staying in india :)

We dont need a nanny as my spouse will not be working


It really depends on where you want to place your kids. International School will definitely cost a lot more than neighborhood schools. School fees is around S$150/year excluding textbooks and uniforms. International School can easily cost between S$8,000 to S$12,000 per year.

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Postby revhappy » Tue, 02 Oct 2012 5:03 pm

..
Last edited by revhappy on Sun, 14 Oct 2012 11:01 pm, edited 1 time in total.

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Re: Living expenses in singapore

Postby sundaymorningstaple » Tue, 02 Oct 2012 5:14 pm

Zephyr82 wrote:
hola123 wrote:
wwww wrote:
hola123 wrote:Hi,

I am planning to move to Singapore with my 2 yr old child and spouse from India. I will get 4500 SGD per month.

What will be montly expenses considering all the things like rental, utilities bill, travel, playgroup costs for my child etc.

Is it worth coming to singapore if i earn 2500 SGD In India ? Thanks.


4.5k will be tight for a whole family but its doable.

A cheap apartment will set you back about 2-2.5k. Utilities ~ 80-300 (depending on how much you use aircon), Internet & TV 50-100, a full-time nanny ~1,000. Monthly commute ~$50

Then you add food an other necessities.

You do the math...


Thnks for the reply....what about school expenses for my child ? Any rough idea ? I know info is there in the forum just wanted a viewpoint on whether its worth coming there or staying in india :)

We dont need a nanny as my spouse will not be working


It really depends on where you want to place your kids. International School will definitely cost a lot more than neighborhood schools. School fees is around S$150/year excluding textbooks and uniforms. International School can easily cost between S$8,000 to S$12,000 per year.


Local Schools cost for international students for 2013 will be between $363/mo for primary students (ASEAN) up to $670/mo for Secondary students (Non-ASEAN)

http://www.moe.gov.sg/education/admissi ... eral-info/


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