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When you renounced, you surrendered your S'pore passport and IC. I guess ICA will give you a renunciation receipt. You will onli get your renunciation letter 3 months after submission. Will your S'pore bank accepts your renunciation receipt and Aussie passport to change your bank particulars...
Tax on interest earned. Not too bad lah. You can take out all CPF. My estimate your cpf $400 to $500K. Like kena TOTO. Feel very happy for you. IMHO the best option ask CPF board convert to A$ & remit one lump sum to your overseas account. Me too old to emigrate can onli feel rich looking...
Think carefully before renouncing SG citizenship. It is irreversible. Many wants the Pink IC badly, and you want to renounce. How big is your CPF amount? Is it worth withdrawing? Will CPF board TT to your foreign bank account in foreign currency? Will your SG bank allow you to keep your SG...
My ex-classmate migrated to Artic Canada; cold like fu*k(minus 30C during winter). He said see doctor no need money one; specialist and hospitalisation oso no need to pay leh..........all free - like no need to pay money one(F.O.C.) No need to sell house, sell car, sell backside, sell...
Why migrate? Singapore is the best country in the world to live in. Most powerful passport, highest GDP, best quality of life, govt. plan your life from cradle to grave,etc.etc. Why give all these up to become 2nd-class citizen in a foreign land. Everything the govt. did was for the good of...