3 ms·
Please correct me, but I thought Singapore was already relatively expensive compared to the rest of Asia given its tax haven status.
by et-al 4y ago
Please correct me, but I thought Singapore was already relatively expensive compared to the rest of Asia given its tax haven status.
- c_o_n_v_e_x 4y agoYes, Singapore is expensive and getting worse. Low taxes are nice (for everyone except Americans). SG Citizens enjoy certain benefits like the ability to purchase subsidized housing which helps to reduce the cost of living. Foreigners such as myself are stuck with a high(er) cost of living due to housing and lack of access to local schools (read: expensive private international schools. Being a small island with a dense population, nearly everything is imported.
- nmfisher 4y agoAs someone currently living in Singapore, I can echo this.
- devoutsalsa 4y agoI met a woman from Singapore who told me that their are ordinary cows in the Singapore zoo. A cow is considered exotic because there aren’t any cattle farms! I thought it was funny.
- refurb 4y agoUs citizens can exclude $110k USD in foreign income and for Singapore $50k of housing expenses, so $160k USD or $220k SGD. Massive tax benefits for Americans too.