I ❤️ Singapore
Singapore maybe the most expensive city to live in, because of land scarce city, strong currency and liquors/cigarettes are expensive😅 and many more expensive things :
⚠️ property is expensive, so home and office rental cost is expensive, if buy mainly leasehold, foreigners can not buy freehold. Foreigner need to pay additional stamp duty.
⚠️ car is expensive, must bid COE which valid only for 10 years then u need to bid again.
⚠️ education is expensive for non citizens, without government subsidies, or company paid for the expat family, it will be very expensive unless have own business.
⚠️ as medical hub, medical fee is very expensive, unless companies have group insurance for panel clinics n private hospitals.
For expats usually companies pay their needs to relocate here (even not 100% usually they negotiate first)
while for citizens government offered subsidy to buy first apartment. Gives Top up, subsidies n bursary for schooling children. Subsidies for seeing dr at polyclinics or public hospitals. Once my son see a doctor at clinic the cost $90+ because of given antibiotics, ifpolyclinic maybe $20 but the Q is long 😂
everyone have to save for their own retirement (CPF), have to pay own intergrated health insurance plan, mainly we are eating out instead of cooking, unless big family or with young children, but government build nice infrastructure and public transport, safety is top too, as you will feel safe to walk at night.
All i can say no free lunch in this world, but ifeel worth it to stay here. We can go other countries as tourist but i will miss Singapore again 🇸🇬😍
Wish Singapore the best 👍👍👍
❤️❤️❤️
look into these if want to 👀 into Singapore market index/etf 😊
$Straits Times Index(STI.SI)$
not investment advice, just for reference only.
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