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Old 08-25-2011, 08:37 PM
 
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Is Singapore the best place to live and even for retirement?

The place is very expensive isn't it?

I have read that the crime rate is very low, less then 1% unemployment, very clean, strict laws, etc.

What do you think?

Would $1 million be enough to retire in Singapore?
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Old 08-26-2011, 01:53 AM
 
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I have never been to Singapore but I have heard nothing but good things about it. Nice people whom many of them speak english, great food, clean, safe etc. I would love to check it out.
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Old 08-26-2011, 02:19 AM
 
Location: New York
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I'm not sure how easy it would be and what the level of 'investment' needed is..... you might get some answers here....
Contact Singapore - Residency and Citizenship

Singapore is clean and safe, but IMO very dull, sanitized and very controlled. Rents are expensive and and as a foreigner you can't buy 'landed' property i.e. a house. You will need upwards from 700,000 us$ to buy a 1 bed apartment in an international area. You probably won't be eligible for government supported housing, but I'm not 100% certain about this. I just remember when we lived there that lots of 'foreigners' were turned away and had to rent privately.Out rent when we left was $8000 sing $ for 1500 sq ft cost to Orchard Road.
Singapore Property, Property for Sale/Rent, Singapore Real Estate | PropertyGuru

Food is MUCH more expensive there compared to the U.S. look at the prices on this grocery shopping website...I had to buy fruit and vegetables daily as they were rarely 'fresh'. Singapore is an island and imports nearly everything. hence the cost. You can eat cheaply at local food courts but you will kill yourself with the high amounts of coconut milk and heavy oils used.

https://www.coldstorage.com.sg/corpo...rate_home.html

It is also very difficult to obtain permission to buy a car... thats before you buy the car and pay for somewhere to park it.

Its also very hot and humid and it rains A LOT !!

I would maybe go and visit before making any decisions... We were there for over a year and half and you would have to drag me screaming and kicking back there.
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Old 08-26-2011, 10:54 AM
 
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It is a good choice for your family if you have to be in the region. Jim Rogers came to mind.

A week ago, Bloomberg has an entertaining article on the island state.
Singapore Curry Protest Heats Up Vote With Facebook Campaign - Bloomberg
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Old 08-26-2011, 12:59 PM
 
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Quote:
Originally Posted by Libohove90 View Post
I have never been to Singapore but I have heard nothing but good things about it. Nice people whom many of them speak english, great food, clean, safe etc. I would love to check it out.
I have in 1987 and it was awesome. Very clean but there ins't much land out there and every thing is pricey.
English is one of the main languages there.
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Old 08-26-2011, 01:48 PM
 
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Singapore Expat Guides - Singapore property purchase procedure, expat buying apartment or house in Singapore
Take a look at this website. I hope you find it useful.
In answer to your question, alot would depend on what kind of lifestyle you would want.
What ever you do, stay out of Hua Hin Thailand. Way too over priced. Have you checked out Viet Nam ?
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Old 08-26-2011, 01:51 PM
 
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Quote:
Originally Posted by Libohove90 View Post
I have never been to Singapore but I have heard nothing but good things about it. Nice people whom many of them speak english, great food, clean, safe etc. I would love to check it out.
Well, if you need to hear BAD things about Singapore, I can oblige...

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Old 08-26-2011, 01:55 PM
 
2,857 posts, read 3,946,124 times
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Quote:
Originally Posted by swisswife View Post
Its also very hot and humid and it rains A LOT !!

I would maybe go and visit before making any decisions... We were there for over a year and half and you would have to drag me screaming and kicking back there.
Don't forget the stinky air, thus, the name Stinkapore. BTW, a friend of mine from Hong Kong said that the Hongkies call the city SingaBore...hahaha...my sentiments exactly.

Over 5 million people stuck on former swampland and looking for a place to get away for the weekend. That would be either Malaysia or Indonesia. Might as well choose Malaysia for retirement as that US$1 million will go farther under their Malaysia-My-Second-Home program. PM me for details.
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Old 08-26-2011, 02:43 PM
 
Location: New York
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Quote:
Originally Posted by Teak View Post
Don't forget the stinky air, thus, the name Stinkapore. BTW, a friend of mine from Hong Kong said that the Hongkies call the city SingaBore...hahaha...my sentiments exactly.

Over 5 million people stuck on former swampland and looking for a place to get away for the weekend. That would be either Malaysia or Indonesia. Might as well choose Malaysia for retirement as that US$1 million will go farther under their Malaysia-My-Second-Home program. PM me for details.
I can't rep you again but
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Old 08-26-2011, 03:48 PM
Status: "Thinking of the future..." (set 6 days ago)
 
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You can check out Singapore from the comfort of your home, I kid you not!

stamford road singapore, singapore - Google Maps
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