stuckmojo wrote:Many thanks for your feedback, very valuable info there.
I know already I could never afford the type of house I rent in the North of England all included for circa 2,000$S. I would expect the same house to be about 4 to 5 times more, which, even in the most optimistic case, would not be covered by the housing allowance.
If you are talking about a house, detached, small garden, inhabitable condition, not so far from the central district it will be a factor of 7-10.
Do you know where are you going to work? Practically all petrochemical industry is within Jurong Island. If this would be the case and you are not obsessed living central you can probably rent a very decent apartment, high floor, sea-view, West-Coast or further towards the East, for something in the range 5-10k depending on your floor size / No of rooms requirements.
The car, forget about it. I'll store it until I come back (since it seems I can't take it with me).
A middle-size car will cost you ~2k monthly all inclusive. If you plan to have kids you should consider having it. If not, then not
Be sure the read the following thread(s)/sites:stuckmojo wrote: No kids yet but two pets (cat and dog )
If it is something rare, why not?stuckmojo wrote: The car, forget about it. I'll store it until I come back (since it seems I can't take it with me).
thanks for the info. It looks like the cost of living in Singapore is nearly double that of the North of England. Looking at rental prices and private transport, I can see why.zzm9980 wrote:You shouldn't be too shocked if you find out your "cost of living adjustment" isn't very high, or is even down, if it isn't including a pay raise at the same time. A lot of MNC don't rate Singapore COL very high for some reason (probably the very low tax rate). My company pays me about 40% less than I would make if I was in California at their HQ, even though everything costs more.
That said, Singapore income tax rates are some of the lowest in the world. You'll pay about <5% on your first S$100k.
This site is good:
http://www.numbeo.com/cost-of-living/
The site I linked shows real-world COL, not necessarily what your HR will use. Your HR will likely see that you pay 40%+ tax in the UK, but only 5-10% in Singapore and factor that against you. You have to realize locals (citizens) get heavily subsidized housing, so average salaries are often much lower.stuckmojo wrote: COL adjustment should be definitely positive. No point in even looking otherwise.
Good reason to keep Rent Allowance totally incremental/additional to negotiation of base salaryBrah wrote:Plus what would this person actually be allowed to own? I.e. the difficulties for foreigners owning landed property.
You should get it no problem. I had a full license from California. At the time I converted, the lady just asked me what I'm qualified for and took my word for it. I doubt she had all of the california license codes memorized to know.stuckmojo wrote: Now I am already worrying that my full UK bike licence won't get me into the Moto Guzzi I want due to some strict licence swap regulations (I have the international licence too)...
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