Are you thinking of moving from the UK to Singapore? Moving from the UK to Singapore is an exciting opportunity. The Singapore government has implemented policies and initiatives to foster a business-friendly environment creating promising career prospects for many British expats. If you’re thinking about making the move, it’s vital to get your financial planning in order so you can make the most of your expat status. https://bit.ly/3yK0tk7 #Singapore #Expat #FinancialPlanning #Business #BritishExpat #SingaporeExpat #BusinessOwner
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Expat Life in Singapore: Navigating High Costs 🌏 Living in Singapore as an expat can be exciting, but it also comes with its unique challenges. 💼 One of the biggest hurdles is the high cost of living, especially rent. If you're an expat in Singapore, remember that you're not alone in facing these costs. 💰 Let's connect and discuss strategies for managing your finances effectively. 💬 #FinanceCoach #ExpatLife #Singapore #HighCostofLiving #FinancialPlanning #FinancialAdvice #GreatEasternFinancialAdvisors #GrowCastShow #Singapore
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𝗛𝗼𝘄 𝗠𝘂𝗰𝗵 𝗗𝗼 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗘𝗮𝗿𝗻 𝗮𝘀 𝗮𝗻 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮𝗻 𝗘𝘅𝗽𝗮𝘁 𝗶𝗻 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲? 🔍 In my latest video, I break down the income requirements for an average Australian expat family of 5 living in Singapore. With the city ranked as the second most expensive in the world by the 2024 Mercer report, just behind Hong Kong, understanding your financial needs is crucial. Here's how to still hit your savings targets and manage day-to-day expenses in one of the priciest cities globally. #AustralianExpats #FinancialPlanning #Singapore #CostOfLiving #ExpatLife
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Not Ordinarily Resident (NOR) Scheme With the NOR Scheme lapsing this year, it may be a good opportunity to look at how this changed through the years (if at all). Although there isn’t much information on the reason for removal it does send a signal on where focuses are turning to for talent attraction (specifically non-local talent and shifts towards grooming the local pool). The introduction in 2002 was a new incentive in the Singapore tax landscape, boosting our attractiveness, and drawing in highflyers with regional roles to set up base in Singapore and grow the business operations in the region and beyond. Refinements to the scheme ensured this is sustainable and maintained certain levels of tax revenues despite concessionary treatments. Despite the surprise removal, Singapore continues to build a conducive and stable environment to entice and retain highly skilled individuals (both local and foreign) through other avenues, coupled with ensuring that our tax revenues stay sustainable - increasing the marginal tax rates and GST increases (to name some). Immigration updates like COMPASS for local talent, ONEPass /EntrePass for foreign talent. Other schemes like Area Representatives and dual employment contract arrangements may still be an option. Corporate incentives and grants are also available for industries to continue building Singapore into the attractive business hub regionally and internationally. With the last batch of individuals to enjoy NOR this year, employers and assignees may want to have a conversation on how to structure their role moving forward to ensure this does not get too complicated and expensive in (especially) the current year and going forward.
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We moved our Global HQ to Singapore! 🇸🇬 What I love about Singapore is its speed. Everything is super-fast, and many things can be done on the same day. → I love Europe for its history, culture, and food! → I love North America for its enthusiasm, attitude, and entrepreneurial spirit. Singapore is small, nimble, and efficient, meaning the local market is small. Due to proximity and connections, the world is our market. Here's why we relocated our Global HQ to Singapore: Pro-Business: → Same-day business incorporation. → No foreign ownership restrictions. → Intellectual property protection. → No import/export controls. → International agreements. → No exchange controls. → Easy to do business. → The rule of law. Competitive Tax System: → No taxes on dividends, estates, and inheritance. → Relocation incentives (including zero tax.) → Personal taxes are reasonable (max 22%.) → Taxes can be paid monthly in arrears. → Filing taxes takes only five minutes. → Flat corporate tax of 17%. → Double tax agreements. → No capital gains tax. World-Class Infrastructure: → At the airport, your luggage often is out before you. → Internet speed is over 1GB, moving to 10GB. → Low cost and efficient public transport. → The roads are smooth and clean. → Immigration checkpoint is fast. → Phones work everywhere. → World-class education. → World-class airport. → Services are fast! Hardworking People: → Skilled and highly qualified professionals. → Efficient and friendly police. → Everyone speaks English. → Talented workforce. → Asian culture. Strategic Location: → Proximity to high-growth markets like China and India. → Short travel distances and low commute times. → 7 hours flight from half the world's population. → Part of ASEAN with a 666 million population. → Gateway to Southeast Asia. World-class Government: → #1 globally on the Chandler Good Government Index. → Government employees try to help. → Safe, low-crime environment. → The Government is efficient. → The Government is stable. → The Government works! → Low level of corruption. I am proud to make Singapore my home and have many wonderful friends and clients here. Yes, there are challenges and clouds on the horizon. But the future looks bright. Thank you, Singapore. 🇸🇬 Did I mention how good the local food is? 🤣 What do you love most about Singapore? - - - Thanks for reading! 📌 Join me for a 45-Minute Game Plan Session to get in the zone and fast-track your leadership! → DM me or type "Game Plan" in the comments. 🍀 #goldzone #business #leadership
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Why Singapore is the Ideal Hub for Your Business Singapore’s strategic location at the heart of Southeast Asia, robust infrastructure, and business-friendly environment have solidified its reputation as a global hub for commerce. With low corporate taxes, world-class financial services, and a highly skilled workforce, Singapore offers unparalleled advantages for businesses looking to expand into Asia or establish regional headquarters. Ranked consistently as one of the easiest places to do business, Singapore provides strong legal protections, political stability, and cutting-edge digital infrastructure. It is a gateway to rapidly growing markets in the region, and its diverse, multicultural society ensures that companies can tap into a wide talent pool and forge global connections. Beyond business advantages, Singapore’s high standard of living, top-tier healthcare, and education systems make it an attractive destination for professionals and their families. Looking to move your business to Singapore? Let Smooth Relocation Agency handle the details. At Smooth Relocation Agency, we make life easy by taking care of everything from housing, schooling and settling in. Let us bring you in the smooth way—reach out today to get started. www.smooth-relocation.com #SmoothRelocation #MoveToSingapore #ExpatLifeSingapore #RelocationMadeEasy #SingaporeRelocation #GlobalMove #ExpatsInSingapore #SeamlessRelocation #RelocationServices #SingaporeLiving #Expatliving
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❤️Thanks for sharing such an awesome post Andrew John Harrison, Even I am proud & had the privilege of calling Singapore my home for 21 years, a great journey filled with growth, learning, & leadership for me and many of my friends who came here along with me in 2003. Mr.Harrison, the post of you resonates deeply with me, highlighting the essence of effective leadership/business excellence below. #VisionaryLeadership: Inspiring teams with a clear & compelling vision. #Empowerment: Enabling team members to take ownership and excel. #ContinuousImprovement: Embracing change and striving for excellence. #Integrity: Building trust through ethical practices. #Adaptability: Navigating challenges with resilience & innovation. As I reflect on my own experiences, these principles have been instrumental in shaping my 21 years professional journey as well. Folks, Let's Continue to lead with purpose & make a positive impact to the society that we live in. #Leadership #BusinessExcellence #GrowthMindset #21YearsInSG #ProfessionalJourney
Helping CEOs build legendary companies, change the world, and live an extraordinary life 🦄 Chairman & Co-Founder @ Goldzone 🇸🇬
We moved our Global HQ to Singapore! 🇸🇬 What I love about Singapore is its speed. Everything is super-fast, and many things can be done on the same day. → I love Europe for its history, culture, and food! → I love North America for its enthusiasm, attitude, and entrepreneurial spirit. Singapore is small, nimble, and efficient, meaning the local market is small. Due to proximity and connections, the world is our market. Here's why we relocated our Global HQ to Singapore: Pro-Business: → Same-day business incorporation. → No foreign ownership restrictions. → Intellectual property protection. → No import/export controls. → International agreements. → No exchange controls. → Easy to do business. → The rule of law. Competitive Tax System: → No taxes on dividends, estates, and inheritance. → Relocation incentives (including zero tax.) → Personal taxes are reasonable (max 22%.) → Taxes can be paid monthly in arrears. → Filing taxes takes only five minutes. → Flat corporate tax of 17%. → Double tax agreements. → No capital gains tax. World-Class Infrastructure: → At the airport, your luggage often is out before you. → Internet speed is over 1GB, moving to 10GB. → Low cost and efficient public transport. → The roads are smooth and clean. → Immigration checkpoint is fast. → Phones work everywhere. → World-class education. → World-class airport. → Services are fast! Hardworking People: → Skilled and highly qualified professionals. → Efficient and friendly police. → Everyone speaks English. → Talented workforce. → Asian culture. Strategic Location: → Proximity to high-growth markets like China and India. → Short travel distances and low commute times. → 7 hours flight from half the world's population. → Part of ASEAN with a 666 million population. → Gateway to Southeast Asia. World-class Government: → #1 globally on the Chandler Good Government Index. → Government employees try to help. → Safe, low-crime environment. → The Government is efficient. → The Government is stable. → The Government works! → Low level of corruption. I am proud to make Singapore my home and have many wonderful friends and clients here. Yes, there are challenges and clouds on the horizon. But the future looks bright. Thank you, Singapore. 🇸🇬 Did I mention how good the local food is? 🤣 What do you love most about Singapore? - - - Thanks for reading! 📌 Join me for a 45-Minute Game Plan Session to get in the zone and fast-track your leadership! → DM me or type "Game Plan" in the comments. 🍀 #goldzone #business #leadership
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We're 5 months into 2024, and Singapore's local regulations are stirring the business landscape, challenging companies to adapt or be left behind. The tightening of rules for expat workers and the push for fair opportunities for locals may ruffle some feathers, but savvy businesses see this as a chance to innovate and thrive. The recent regulatory updates, such as the requirement for fund managers to obtain a Capital Markets Services License by August 1, 2024, are shaking up the industry. While this may pose initial hurdles, it presents a golden opportunity for companies to enhance operational efficiency and nurture local talent in key sectors like AI, technology, engineering, and healthcare. Yes, there may be concerns about increased labor costs impacting SMEs, but let's not overlook Singapore's business-friendly environment, strategic location, and top-notch infrastructure. These factors continue to attract international companies, making Singapore a hotspot for regional headquarters and a breeding ground for innovation. So, are you ready to swim against the tide and turn regulatory challenges into business triumphs?
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#Indonesia is rolling out the red carpet for global talent and investment. The new “golden visa” program offers a game-changing opportunity for Western executives eager to tap into the vibrant Southeast Asian market. Imagine a five or ten-year visa with streamlined immigration perks. The golden visa allows you to invest in the country while enjoying the benefits of fast-track processing at airports. Investing $2.5 million gets you a five-year stay. For $5 million, you secure a decade. But there’s also a pathway with a $350,000 deposit in a state bank for a five-year visa. These deposits can be transformed into government bonds or shares on the Indonesia Stock Exchange. Why does this matter? Indonesia is on a mission to attract $101.5 billion in investments for 2024. The potential here is immense. With a burgeoning economy and a young, dynamic workforce, the opportunity for growth is ripe. The golden visa isn't just for individuals. Companies can secure visas for directors with a $25 million commitment. This opens doors for expansion, especially in sectors like mining and tourism. OpenAI's CEO, Samuel Altman, is among the first to benefit from this initiative. His ten-year “global talent” permit is a testament to the program's appeal. Indonesia is also tackling the challenge of digital nomads, encouraging productive contributions rather than passive tourism. This is a chance to be part of a transformative economic landscape. Seize this opportunity. Indonesia is ready for you. 🌏✨
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Singapore is renowned for its business-friendly environment and ability to harness globalisation, but doing business in this jurisdiction is not without its challenges. Read our article to learn about what investors need to know when doing business in Singapore: https://lnkd.in/d9h3hDuq #Singapore #business #complexity
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Investment in Malaysia? 👇 What’s the hardest decision you’ve ever had to make? Why? One of the hardest decisions I have ever had to make was to invest in Malaysia. Despite the potential opportunities, several significant challenges made this decision extremely tough. The quality of manpower in the region is often poor, which poses a risk to business operations and productivity. Additionally, the immigration laws for obtaining a business visa are confusing and lack transparency, making it difficult for foreign entrepreneurs to navigate the system smoothly. The market also presents its own set of difficulties. The purchasing power of consumers is relatively low, which affects the overall profitability and growth potential. Moreover, there is an issue of social dynamics where bullying and racism towards foreigners can create a hostile and unwelcoming environment. This is compounded by the fact that many consumers tend to be loyal only to their own race or clan, making it even harder to establish a diverse customer base. Despite these challenges, I chose to move forward with the investment. It was a decision driven by a belief in the long-term potential and the hope that with perseverance, these obstacles can be overcome. The aim is to contribute positively to the community while fostering an inclusive and innovative business environment.
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6moI'll keep this in mind