Dear The Real Singapore,
My name is Rajiv and I am currently in Delhi, India. Currently I am drawing about SGD 3500/per month (in hand after tax) I currently have a middle class living style. My wife (housewife) and child (12 years) stay together
I have got an offer from a company based in Singapore and Vice President - Sales and Business Development (Asia Pac-EMEA).
They have offered me SGD 12000 per month (Inclusive of house rent, tax, insurance etc ). They have also offered the cost of relocation as per actual.
I had a few questions before I accept this offer and thus reaching out for an help urgently-
- Is SGD 12000/month good enough for 2 of us and my child (including his school fee)
- How much is the average cost of insurance which I need to buy
- Will I have to give tax to the Singapore government? and how much?
- Are there any ways to save tax?
Wrap Text field:
I was told that a average Singaporean monthly income is $10,000/month and I really would like to save as much money as possible to save on taxes. Is there a way I can pay lesser taxes like what we do in India due to loopholes or flaws?
Thanks in advance.
Do you guys think I should take the job?
Rajiv Gupta