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23% of Singapore's wealthy plan to move abroad in next 5 years: Survey

As for rich Chinese, their business interests are in China. They're choosing Singapore not to invest, but to get PR and give their kids an English-based education here (springboard to American universities) while they remain close enough to the mainland to look after their biz.


This is how we cheapen our citizenship to pander to the rich.
 
Shanghai and Hong Kong are in China. No businessman wants to go to Taiwan these days with its economy in the doldrums.

The report is about wealthy people and not just businessmen. Stephanie Koh's parents like Taiwan.
 
robert lee probably knows that a lot of rich are cashing out on their private property and that's why you see coincident timing of decline in pricing.
i believe so cos' only the gahment has the stats of so and so, who and who cashing out.
for those stucked here, good luck...!:D
 
i was watching the 特写 on tv yesterday, saw that a lot of taiwanese are also flocking to s'pore to work. their fresh grad salary back in taiwan only pays $1k+, where as in sinkieland, they can get easily jobs that pay $2k+.



Shanghai and Hong Kong are in China. No businessman wants to go to Taiwan these days with its economy in the doldrums.
 
WSJ: 23% of SG elites intend to run road when time comes

WSJ published an article on the statistic regarding high net worth Singaporeans planing to flee their native countries. Turns out that Singapore, the so call most prosperous country in the world has the 2nd highest percentage of elites planing to vote with the legs.

While PAP keep bragging how good Singapore is, seems that PAP's own kind, the elites do not buy that. Not just the peasants, the elites are seeing Singapore as a shithole, hopping to flee this island as fast as possible.

The elites of Singapore are among the most atrocious and parasitic compared to their pals in other countries. While German and Nordic elites are doing their due social responsibilities by paying taxes (even though many are avoiding taxes), taking care of people, Singapore elites are bunch of thieves who cannot stop stealing, by means of financial engineering, especially policies such as asset inflation.

They will not hesitate to destroy Singapore since so many already has a plan B -- migrate overseas.

http://veritas-lux.blogspot.sg/2014...d&utm_campaign=Feed:+blogspot/lrDIX+(Veritas)
 
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