Hi I am a uk grad finishing my studies in 2020. Interested in gp work. Can I check how is the gp market/situation In Singapore? Is it overly saturated and are there still jobs for gps? Should I try for fm residency or just gain the relevant exp through mopex (until my full reg) and join either a private gp chains or ops?
Would appreciate some advice Thanks |
How much is the call allowance for float on cny for MO?
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Apply for Canada PR. Most provinces will recognize Mrcgp as equivalent to CCFP. Work in Canada as a family dr. Annual income after costs is about 200 to 300k. You should setup a professional corporation. You have 16 percent business tax. Then you only pay yourself what you need for personal expenses. Personal income is then taxed at personal income rates. Cost of living is 5 times less than in Singapore. Houses and cars. |
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Blood tests and imaging is all covered. So many of these PRCs and HKs will say they want this and that test demand to see specialist. It gets so ridiculous that they want ultrasound and CTscan even if they have NO symptoms. Like buffet mentality. They also do not respect doctors. |
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There was nothing seriously wrong with them in the first place! |
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Singapore iras has recently busted many gps and anaethesiologists for tax avoidance. Corporate tax rate lower than personal income tax, so a number of Docs incorporate shell companies to avoid tax. For example you are a locum u incorporate yourself as an company. And credit all locum dollars into this company. Then pay corporate tax rate. Then issue dividend from ur company to yourself which. Dividends are not taxable. So you essentially pay corporate tax rate which is lower than personal tax rate. Same thing for anaesthesia when they render service they credit the income to their shell company, receive zero salary but takes dividend from the shell company instead |
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Finally, can I check what is the timeline for getting full reg (from conditional) if you don't fail any posting. I see some of my seniors getting it in 2-3 years, some getting it only after 6-7 years.. (despite them being outstanding in their work, i.e got A for their posting, was nominated as best mo etc) Thanks |
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