Need help, moving to Singapore? what are the taxes et x?

last SG · 2007-12-15T11:47:18+00:00

Oh btw, please migrate to sweden instead. IT ROCKS. or holland since ur relatives are there. U can work there as well. or france? FREE HEALTH CARE! and 36h...

Saxon_flix SG

I'm thinking of moving to Singapore. I don't want to work or become a citizen. I just want to pay low taxes.
The best place would be Monaco, tax free. But it's hard to move there, or impossible. UAE is also tax free but it's an Islamic nation...

I would like to know how the taxes are, do you have to pay taxes if you do not work?
I do not want to become a citizen, just to live there, is it hard to get a permanent VISA?

Wheres the best place to live in central Singapore?

the Bear SG

google is your friend

Daisuke-kun SG

yahoo and msn also can b ur fren.

Darkness_hacker99 SG

are you my friend.

Hello Kitty SG

http://www.iras.gov.sg/ESVPortal/iit/iit-se-a1.1.12+foreigners+working+in+singapore.asp

mistyblue SG

TS is not welcome in Singapore

Saxon_flix SG

What does TS mean? That post seems offensive.
Don't tell me you are a Nationalist hating all foreigners?
Nations are a result of evil deeds such as war. Half of Poland was German until the Soviets took it. India was several nations and the British invaded it, killed people and modern day India was born.
America is built on bloodshed of the native Americans, they had their nation stolen.

Even Singapore was created as a harbor dock colony by a European Power I think?

Nationalism is bad, accept all people, don't love a Nation too much!

shinta SG

hola cortez! your cajones becoming smaller due to tax?

-- nel

hi kotex

-- shinta

mistyblue SG

YOU are not welcome here.

I am not a nationalist but seriously Singapore don't need more low class foreigners here to take advantage of the citizens.

smartboy4 SG

so he's powering up himself as americans europeans during the war age Laughing

maurizio13 SG

Either you don't read or you have no brain.

Didn't he say he has no intention to work.

4getmenot SG

dun worry, as long as u got plenty of money to show in your bank account, the gahmen welcomes u with open arms.. Rolling Eyes

maurizio13 SG

You do not have to pay income tax if you do not work (active income), subject to you not receiving any other forms of passive income (rental, dividends, interest, royalties) from overseas or Singapore.

The only tax you have to contend with is the 7% Goods and Services Tax (GST), which is like a VAT or ad valorem tax.

maurizio13 SG

So long as he has no intention of working, even I welcome him with open arms.

Saxon_flix SG

Taking advantage of the Singapore people! Shocked
I'm not going to live of welfare. And I will go to private hospitals.
If any I will help Singapore by buying stuff.

Well I live of Dividends, (I am a Stock trader).

I don't like paying taxes. Especially here in Europe, (50%)!
The money goes to free health care and free education for people.
which is wrong...

mistyblue SG

You wanna have your cake and eat it… I am sick and tired of Parasites

4getmenot SG

good! good! u have the same mindset of the s'pore gahmen..!! Laughing

maurizio13 SG

Welfare here is non-existent.

Mr. Green

If you live off dividends, it will be subjected to taxes.

BUT, if the source country taxes it at a higher rate than Singapore, then probably you do not have to pay any further taxes on it. This will depend if the source country has any tax treaty with Singapore.

Which country/countries are your dividends from?

I do not agree that free health care and free education to the poor of society wrong. Taxes redistribute income from the rich to the poor, helping the poor maintain a certain level of living. If free healthcare and free education is not provided to the poor, most likely they will end up dying on the streets and their children will be perpetually stuck in a poverty trap.

fatslob SG

btw gahmen = government

look at it this way.. TS isn't here to take anyone's job. furthermore he would have to spend mucho money as a consumer n resident here.. I say he's welcome here. Mr. Green

mistyblue SG

U believe him so easily? That’s why opportunistic, parasidic foreigners like Singapore. People here are naive and trusting