Success Story from Overseas Singaporeans

Love Supreme SG

How successful are you financially after you have migrated overseas? And why you cant be as successful in Singapore?

Please be honest, ok? Smile

udontknowme SG

mi daddy migrated TO singapore

and he's not leaving until he retires

no issues with language here
low taxes!!!!!
and the salary he gets in singapore is higher than many other places (im looking at the same job same post in other countries as compared to singapore)
safe (or my mom says, too safe)
clean

fishbuff SG

Originally posted by udontknowme:
mi daddy migrated TO singapore

and he's not leaving until he retires

no issues with language here
low taxes!!!!!
and the salary he gets in singapore is higher than many other places (im looking at the same job same post in other countries as compared to singapore)
safe (or my mom says, too safe)
clean

opportunists. eventually, he WILL still leave.

that goes to most FTs in Singapore; they are there for the money.
the only one left behind when there are wars or economic downturns are my fellow singaporeans.

maurizio13 SG

Maybe you can help make corrections to my thread? It's not perfect yet, since you claim other countries with higher taxes are worse off maybe you can show me what you know that we don't. Thanks.

While the government throws away our hard earned money into frivolous acquisition of over-priced companies overseas. The commoners are left with having to pay the price with high levels of inflation, taxes, fees, charges and fines.

Ever wonder why our wages are so depressed, while citizens from other equivalent GDP per capita economies (e.g. Australia, New Zealand, Ireland, etc) can better afford holidays overseas. Their average wages are at least 3-5 times of Singaporeans (e.g. waiters and retail assistant makes AUD 15 to AUD 25 per hour). Singaporeans can only contend with 3rd world standard of living in the future, given the government's policy on letting in more 3rd world workers to push down wages.

The explanation for low wages given by P4P was global competition, seems like competition only applies to Singapore ONLY. But not to countries such as Australia or New Zealand.

P4P lackeys here complain that some of these countries like Australia, New Zealand, etc have high tax structure. But given their wages, they still make more than the average Singaporeans and could afford more despite their high tax structure. Notwithstanding that they do not need to pay for healthcare and basic education.

***This comparison is based only on the after tax spending power of low wage earners of both countries. I do not think that we need to compare the after tax spending power of high income earners, because they are still extremely well off after taxes.***

Singapore:

Income per year: SG$12,000
Income Taxes: 0%
GST: 7%
Spending Power After GST: SG$11,160 [SG$12,000 x 93%]

Australia:
(waiter or retail staff based on 3 times earnings of Singaporean only, not 5 times which is the higher bound)

Income per year: AU$36,000
Income Taxes: up to AU$6,000 = AU$0; AU$6,001 to AU$25,000 = AU$2,850; AU$25,001 to AU$36,000 = AU$3,300
Australia Personal Tax Rates
Total Income Taxes: AU$6,150 [AU$ 0 + AU$ 2,850 + AU$ 3,300]
Income after Income Taxes: AU$29,850
GST: 10%
Spending Power After GST: AU$26,865 [AU$29,850 x 90%]

An average waiter in Australia will have a spending power of AU$26,865, while a Singaporeans waiter will have only SG$11,160. Why do you think when we go for holidays overseas, we can afford less than an equivalent GDP per capita country like Australia or New Zealand.

You do the maths and tell me who is actually better off after personal taxes and GST.

Singaporeans or Australians???

Though Australia might have a higher personal tax structure, but their average wages are 3 to 5 times of Singaporeans. Even after deducting high taxes and GST, they still do end up with more money in the pocket than an average Singaporean. Moreover, they have no need to pay for healthcare and basic education.

Australian Wages
Bartending/waiting tables: $15 - $25 per hour (casual)
Chef: $700 - $800 per week (full time)
Retail sales assistant: $15 - $25 per hour (casual)
Check out operators and cashiers: $500 - $700 per week (full time)
Building/labouring: $650 - $850 per week (full time)
Engineering: $800 - $1500 per week (full time)
Hairdressing: $530 - $650 per week (full time)
Secretarial/administration: $600 - $700 per week (full time)
Child care: $18 - $20 per hour (casual)

Link: http://politics.sgforums.com/?action=thread_display&thread_id=298547

Love Supreme SG

fishbuff and 13 are you both living overseas?

lionnoisy SG

i jus quote part of your posting.

1.May i know where are u now?In SG or Oz?
if u still in SG,why?When will u move there?
Hv u asked all your fren and relatives move there?What did they say?

2.Quality of life and justice
I consider justice as part of quality of life.

I cant stand when a one Oz cheat A$5 billion and spent only 33 months
in jail.After the release,he stay in few million house in ......OZ.

http://www.theaustralian.news.com.au/story/0,25197,23047675-601,00.html

HIH victims 'right to be angry',Lauren Wilson and Natalie O'Brien, January 14, 2008

...Williams is expected to be picked up by his wife, Rita, and driven to her $4 million luxury home in Seaforth on Sydney's lower north shore.

When HIH collapsed in 2001, it had debts of more than $5 billion. Williams was jailed in 2005 for 4 1/2 years, with a non-parole period of two years and nine months after pleading guilty to recklessly misleading HIH shareholders and a bank.

He was also banned from managing a corporation for 10 years.

But before the collapse he transferred millions of dollars of assets into his wife's name including mansions worth $12 million in Mosman, a $5 million Lake Macquarie retreat, a Gold Coast unit as well as millions in shares and superannuation. ...

3.
www.theaustralian.news.com.au/story/0,25197,23049342-2702,00.html

Williams makes me sick: neighbour

..He (Milliams)returned to suburban Seaforth, on Sydney's north shore, where his family owns several houses.

A nearby resident who identified himself only as John spoke briefly with reporters as they were waiting outside one of the properties.

People lost their homes, my parents lost money, and he's got money squirrelled away everywhere and it makes me sick, John told reporters.

I don't like having him in the street, nobody likes having him here.

John said many people had suffered financially because of Williams' actions and yet his family could still afford to invest in property.

If you have a look in the driveway he's got a lovely Ferrari in the garage, John said.

It makes me sick, it makes everyone sick, and I wish he wasn't here.

One lost few billion of other people still can enjoy this.
What a fxxx democratic and free Australia!!

4.Royal Commission just waste of time

What did Oz do to recover the money he stolen?

maurizio13 SG

Did I hit a soft spot?

Why do you want to chase me out of Singapore?

We are just discussing about taxes, high tax rate doesn't mean all bad and low tax rate doesn't mean all good.

I don't qualify for immigration status because I belong to the Singaporean rejects, unlike you. If you want to really test my resolve for emigration, give me a couple of millions, that would qualify me for immigration status as an investor there. Else what's the point of asking me why I have not emigrated to Australia yet, obviously I am uneducated and poor, that's why the Australian government don't want me.

Your question is similar to asking a non-swimmer why he has not jumped into the deep blue ocean.

I don't have to ask my friends to emigrate, they have already done so after studying there and obtaining their first degrees. Those that are left behind in Singapore are the rejects like you and me. Mr. Green

Zarks SG

Singapore little ppl.. mindset also the same. gals in sg also very kanasai see $$.

Oversea many ang moh. All leng leng friendly and can ONS. When they make you happy, u also will perform better.. so when you perfom better, you will be very succcessful !!!

Just my 0.00005 cent

googoomuck SG

I know a few who have emigrated. They are not rich financially. They still need to work but they are happy. Laughing

To them, being able to emigrate or migrate means it's a success. I envy them.

udontknowme SG

DUH of course he will leave lah.
he is alone in singapore. obviously he will return to be with his family and relatives one day what Rolling Eyes

and who says it's all for the money the reason why he moved to singapore was because the economy in his 'home' country was farked at that time and he couldnt find a job. so when opportunity strikes and he saw the ad, he applied and got the job loh
and you think it's so fun staying alone in some random country issit? Rolling Eyes the oni reason why he's still there is for his children. cos the economy in singapore is fairly stable and he wont suddenly get fired. or at least not as much as if he were to be working back 'home'.
you think immigration is such a simple thing and that it's all for money issit. ok lar. maybe if you are single and free and have relatives to 'back you up' should something fail, you can go ahead and give it a shot in any random country you choose. but not when u have a family.

and to TS, sorry but i dunno anything about australia. so i cannot compare based on what you have posted cos...i know NOTHING AT ALL about australia.
but about that overseas holiday thing. i can tell you that people in North America are not rich enough to afford it. in fact many people dont even have passports. in fact i know MANY people who have never left their state/province even at the age of 18. roadtrips are a luxury. if they are able to afford a car that is. wages may be higher. but things are more asspensive. especially after they include taxes. and i hate numbers so i wont look at them either.

fishbuff SG

well, your father have my respect to take on such sacrifice for your family.
why dont you move to sg instead? SG PR is very easy to obtain.

eagle SG

As I've already pointed out in your thread, why are you making comparisons with a profession known with low pay in a country without a minimum wage law vs a country with a minimum wage law? Your argument regarding taxes with this is already flawed; it is more like a comparison of how the miminum wage law affects the low income group between the 2 countries.

fishbuff SG

yes sir. living in australia now. working as an oracle database adminstrator.

i do miss singapore, really.

strongman 2008 is coming soon, i hope i can fly back for the prelim.

Love Supreme SG

great to know. Do you have any success story to tell because I am really interested to know how many Singaporeans actually made it big overseas.

fishbuff SG

im still new here.. nothing much to crow about.. Smile

will4 SG

How long u been in Australia? Very Happy

maurizio13 SG

Didn't I already explain to you the basis of comparing the lower wage earners of each country?

Surely these low wage earners have problems with basic necessities as compared to middle or high wage earners.

Doesn't it sound stupid to make comparison with citizens of both countries making millions a year?

Both of these millionaires regardless of the taxes are still able to afford necessities.

When you want me to make comparisons with the low, medium and high income earners. What do you want to prove? That somebody will be shortchanged by the tax system? You can't please all the income classes, somebody will be shortchanged, I'd rather the rich and the higher middle income be shortchanged rather than the lower income. The higher income with their large paychecks do not have to struggle with necessities.

I hope this answer your question.

What we are concern with is low income earner's ability to afford necessities, not with the middle or high income earner's ability to afford luxuries.

I guess you have also missed out my explanation enclosed in asterisks.

***This comparison is based only on the after tax spending power of low wage earners of both countries. I do not think that we need to compare the after tax spending power of high income earners, because they are still extremely well off after taxes.***

If you think that there is a basis to compare the middle income earners ability to afford luxuries, then maybe you can provide calculation to sustain it, instead of asking me to spoonfeed you.

Love Supreme SG

maybe you and eagle should bring your arguement to another thread.

13, are you living overseas?

Coquitlam SG

AH...finally a thread I can identify with

maurizio13 SG

It's not me, already explained in my initial post that the comparison is between the low income earners of both countries, still he tells me why I didn't compare the high income earners and the middle income earners.

Ok. I will ignore eagle's response in here. Don't want to hijack your thread.