Personal Finance
3 things you need to know about SRS if you plan to leave Singapore
By Wealthdojo  •  September 21, 2020
It is the Supplementary Retirement Scheme (SRS) contribution season. If you are 40 and above, do check out my previous post on the 5 things you need to know about SRS. Interestingly, someone emailed me on my 6 Level Wealth Karate System Page to ask about what will happen to their SRS account if they leave Singapore. In this article, we will talk about 3 potential scenarios (i) if you are a foreigner and continue to stay in Singapore (you should!) (ii) if you are a foreigner but decide to leave Singapore (iii) if you are local and intend to retire in overseas (Thailand, Phuket, you name it). I’m a Singaporean and proud to be one. Singapore is a wonderful country. You should not leave =). Unfortunately, I do meet people who love Singapore but have no choice but to leave because they were asked to relocate to another country. Anyway, let’s set the context for the SRS....
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By Wealthdojo
He used to shy away from crowds and presentations because he was always afraid of making mistakes on stage, saying the wrong thing and boring the audience. Until one day, one of his friends said this that changed his entire life.”Thanks for your sharing last week
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