While Singapore may have some low taxes, it doesn't really tell you the whole story. owning a cars/road taxes are extremely expensive: http://www.expatsingapo

While Singapore may have some low taxes, it doesn't really tell you the whole story. owning a cars/road taxes are extremely expensive: http://www.expatsingapore.com/content/view/1152 http://www.expatsingapore.com/content/view/1152 A friend of mine drives a company car there (because it costs so much to own). It cost the company $100,000 for a license and this was after getting picked in a lottery. There is also a government black box in the car that will track where you drive and determine your tax rate. unless you are rich or are an employee of a big company, you pretty much don't drive there. http://thehearttruths.com/2013/08/16/are-taxes-in-singapore-really-low/ http://thehearttruths.com/2013/08/16/are-taxes-in-singapore-... In reality, you are effectively paying a 60% income tax rate...although it looks like much less on paper. Another article on living expenses in Singapore (from the same blog): http://thehearttruths.com/2013/08/02/how-much-do-you-need-to-earn-to-survive-in-singapore/ http://thehearttruths.com/2013/08/02/how-much-do-you-need-to...