http://forums.delphiforums.com/sammyboymod/messages?msg=92366.18
Leeisphtui 02/02/2006 11:16
Why why why? As a sinkee, I will tell you why I left more than a year ago.
My SG wife and I have always done well enough in Singapore, I was lucky enough to have my own business there and my wife worked for one of the top Euro banks for some years. We were comfortable with a nice continental car and condo in East Coast.
However, after living there for so long, I realize everyone I know has left or leaving. Since 1997 Singapore has never recovered. The amounts of bull sinkees put up with from the govt is ever increasing. The Lees, the whole SIA Ryan Goh saga, the ministers pay, its all bull. The list is endless and this forum is well aware of it. I remember hearing economy double digit growth yet I see empty restaurant and stores closing all the time. On the roads, everyday someone cuts you off, or drives so badly, its like a war zone on the streets of SG. Again this list goes on.
Then one day in early 2004, I realized something. I cant see any future in Singapore. This was after seeing so many friends suffering in business, seeing firsthand many clients from many industries facing competition from India, China, and hearing in the market so and so company moving to china or malaysia, etc. Really if you stop and think about it, what future does Singapore have? although we were comfortable I was seriously considering a move. One day, while waiting in a travel agents office in North Bridge Road I saw a group of Indians there. I asked them where they were going. They were consultants from a very well known IT firm, going back to India or to Malaysia. They told me the office is cut by 80% as Singapore not doing well. Same goes for other major IT firms. Soon after I remember reading in the Straits Times an article by the creative boss mr sim, saying china will overtake sg's competiveness in five years as the english speaking edge is being marginalized.
I went on holdiday to Australia and USA and saw how well friends and family are doing. Rosy picture in both places. I decided to leave. At end 2004 I took an SQ flight to Los Angeles with my SG wife and dog. A friend picked me up at the airport. The next day I bought a car. a 1999 Mercedes ML 320 SUV for US S$ 17.000 with 40,000 miles or 70,000 KM. I stayed in California visiting friends and had a great time. A relative in Florida offered to sponsor me for a green card and my wife has a job interview with the same bank as in SG there. We drove across USA. Had a great time. People everwhere so friendly.
In florida relative got all visas done and wife went to interview. She was offered a job, doing same thing at 2x the salary! No state income tax in Florida and weather is hot all year long. Our total tax rate 2005 is only 15% according to federal tax table and in 2005 we will pay 0 tax due to deductibility of moving expenses and property related expenses. i expect to pay 0 tax in 2006 as well.
looking at the 2005 1040 table pg 68, someone earing US$ 30K/year (low income) pays US$ 3774 a year, pg 71, 50k/yr is 6774, and pg 72 70k/yr the tax is 10836. this is BEFORE all deductions or taxcredits which can bring the tax liability to 0 or even be entitled to free money from govt. Many people here complain of high tax in USA. Bullshit. I think i paid more tax to the IRAS than I will to IRS!!!!!!
Lets see, since then i cant beleive i stayed in SG for so long. Here we now have a bungalow house purchased for 250K SGD. The quality of our life is much better. The people are friendly, no one drives like they do in SG. There is courtesy everywhere I go. In restaurant they are polite and care about the customer. I bank with Bank of A, and three times last year they waive fees and late payment penalty whenever I call them. My dog goes to the vet and the medicine is more advanced than SG - there is even a dentist at the vet office. At my wife's office people more friendly, much less politics and company even pay to send the women to spa treatment once a month and every year they take everyone in bank on fully paid holiday. Two times already I was about to recieve ticket for parking and when i asked the ang mo auntie to pls no give me fine, she said "ok", and ripped the ticket up! I see so many people working in 7 eleven or other store earning us 10-14/hr and they all drive nice car - one even drove lexus - and pay all himself. The supermarket food prices lower than in SG and selection far superior. The electricity far cheaper. The gas far cheaper. There is no govt bullshit here, and you can say anything you want. Everyday you go out and someone says "hello" even though you dont know them. If someone fall down or gets sick, everyone rush to help them, unlike SG. Also in places like Australia the tax rate is high because of welfarism, to take care of the people. Yet here if you are poor, you can qualify for section 8, where the govt pays your rental on house or apartment, and if you get sick the govt will pay for your hospitalization, health care. The govt takes care of you here, like Aust, but no sky high tax rate!! Last week I was looking at buying another car, for weekend use, a seconhand 2000 porsche boxster with 60,000 Miles - the price? US 15K. The wife and I also talking to contractor about building a swimming pool in our back yard. The cost? US 15K. We cant wait to get our CPF.
I can write a book on how much better the US is than SG. But instead i will leave you with this thought. I left singapore becuase i saw no future. In fact who does see a future in singapore? who? what future?
It is up to you people to leave and change your lives. If you dont, nothing will change.
Its up to you.
Leeisphtui 02/02/2006 11:16
Why why why? As a sinkee, I will tell you why I left more than a year ago.
My SG wife and I have always done well enough in Singapore, I was lucky enough to have my own business there and my wife worked for one of the top Euro banks for some years. We were comfortable with a nice continental car and condo in East Coast.
However, after living there for so long, I realize everyone I know has left or leaving. Since 1997 Singapore has never recovered. The amounts of bull sinkees put up with from the govt is ever increasing. The Lees, the whole SIA Ryan Goh saga, the ministers pay, its all bull. The list is endless and this forum is well aware of it. I remember hearing economy double digit growth yet I see empty restaurant and stores closing all the time. On the roads, everyday someone cuts you off, or drives so badly, its like a war zone on the streets of SG. Again this list goes on.
Then one day in early 2004, I realized something. I cant see any future in Singapore. This was after seeing so many friends suffering in business, seeing firsthand many clients from many industries facing competition from India, China, and hearing in the market so and so company moving to china or malaysia, etc. Really if you stop and think about it, what future does Singapore have? although we were comfortable I was seriously considering a move. One day, while waiting in a travel agents office in North Bridge Road I saw a group of Indians there. I asked them where they were going. They were consultants from a very well known IT firm, going back to India or to Malaysia. They told me the office is cut by 80% as Singapore not doing well. Same goes for other major IT firms. Soon after I remember reading in the Straits Times an article by the creative boss mr sim, saying china will overtake sg's competiveness in five years as the english speaking edge is being marginalized.
I went on holdiday to Australia and USA and saw how well friends and family are doing. Rosy picture in both places. I decided to leave. At end 2004 I took an SQ flight to Los Angeles with my SG wife and dog. A friend picked me up at the airport. The next day I bought a car. a 1999 Mercedes ML 320 SUV for US S$ 17.000 with 40,000 miles or 70,000 KM. I stayed in California visiting friends and had a great time. A relative in Florida offered to sponsor me for a green card and my wife has a job interview with the same bank as in SG there. We drove across USA. Had a great time. People everwhere so friendly.
In florida relative got all visas done and wife went to interview. She was offered a job, doing same thing at 2x the salary! No state income tax in Florida and weather is hot all year long. Our total tax rate 2005 is only 15% according to federal tax table and in 2005 we will pay 0 tax due to deductibility of moving expenses and property related expenses. i expect to pay 0 tax in 2006 as well.
looking at the 2005 1040 table pg 68, someone earing US$ 30K/year (low income) pays US$ 3774 a year, pg 71, 50k/yr is 6774, and pg 72 70k/yr the tax is 10836. this is BEFORE all deductions or taxcredits which can bring the tax liability to 0 or even be entitled to free money from govt. Many people here complain of high tax in USA. Bullshit. I think i paid more tax to the IRAS than I will to IRS!!!!!!
Lets see, since then i cant beleive i stayed in SG for so long. Here we now have a bungalow house purchased for 250K SGD. The quality of our life is much better. The people are friendly, no one drives like they do in SG. There is courtesy everywhere I go. In restaurant they are polite and care about the customer. I bank with Bank of A, and three times last year they waive fees and late payment penalty whenever I call them. My dog goes to the vet and the medicine is more advanced than SG - there is even a dentist at the vet office. At my wife's office people more friendly, much less politics and company even pay to send the women to spa treatment once a month and every year they take everyone in bank on fully paid holiday. Two times already I was about to recieve ticket for parking and when i asked the ang mo auntie to pls no give me fine, she said "ok", and ripped the ticket up! I see so many people working in 7 eleven or other store earning us 10-14/hr and they all drive nice car - one even drove lexus - and pay all himself. The supermarket food prices lower than in SG and selection far superior. The electricity far cheaper. The gas far cheaper. There is no govt bullshit here, and you can say anything you want. Everyday you go out and someone says "hello" even though you dont know them. If someone fall down or gets sick, everyone rush to help them, unlike SG. Also in places like Australia the tax rate is high because of welfarism, to take care of the people. Yet here if you are poor, you can qualify for section 8, where the govt pays your rental on house or apartment, and if you get sick the govt will pay for your hospitalization, health care. The govt takes care of you here, like Aust, but no sky high tax rate!! Last week I was looking at buying another car, for weekend use, a seconhand 2000 porsche boxster with 60,000 Miles - the price? US 15K. The wife and I also talking to contractor about building a swimming pool in our back yard. The cost? US 15K. We cant wait to get our CPF.
I can write a book on how much better the US is than SG. But instead i will leave you with this thought. I left singapore becuase i saw no future. In fact who does see a future in singapore? who? what future?
It is up to you people to leave and change your lives. If you dont, nothing will change.
Its up to you.