Quote:
Originally Posted by Unregistered
Having lived abroad for almost 15 years now, I can assure you that the grass is not always greener on the other side. The tax really kills. An annual income of $400k becomes $220k after tax. Furthermore, there is capital gains tax on investments.
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Yes tax is higher. However the cost of living is lower. Your purchasing power per dollar earned is higher.
Cars.
Houses.
It is not a bed of roses for sure overseas but SG has its problems. Space is a premium and very expensive. Plus much indirect taxation.
COE is one.
ERP.
CPF.