Singapore

Singapore

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Fast Facts About Singapore

Singapore
  • Population: 5,460,302
  • Capital City: Singapore
  • Climate: Hot, humid, rainy; two distinct monsoon seasons - Northeastern monsoon (December to March) and Southwestern monsoon (June to September); inter-monsoon - frequent afternoon and early evening thunderstorms
  • Time Zone: UTC+8 (13 hours ahead of Washington, DC during Standard Time)
  • Language: English, Malay, Tamil, Standard Mandarin
  • Country Code: +65
  • Location: Southeast Asia, between Malaysia and Indonesia.

Archives

How to Buy a Yacht for Retirement

How to Buy a Yacht for Retirement

When my husband, Al, and I bought our sailboat Carina back in 1993, we knew she was close to perfect for our planned life cruising the Caribbean. At 37 feet long, with a large center cockpit and aft cabin she was big enough for two, and the price was right at around $50,000.

Emerging-Markets

Emerging Markets Grow as America Declines

For any careful investor it’s important to understand not just the current trend but rather where we’re headed. As such, keep an eye toward the future for the growth leaders of tomorrow. Since 2007, emerging markets have been outspending American consumers. Take a look at the charts here to see how the international growth/redistribution of current consumption trends will change the landscape of international business.

WhereToGo

Where To Go When Private Banks Won’t Take U.S. Clients

Those of us who are sensitive to tax, financial, and regulatory events, both in the U.S. and offshore, see some disturbing developments toward currency and other financial controls. Taken together, these developments may well signal evacuating before exits are blocked.

TheTruthAboutChinese

The Truth About Chinese Growth

There has been a lot of hand-wringing lately over the slowdown in official Chinese GDP growth,” writes IL Finance Editor, Chris Hunter

WhatIfTheATM

What if the ATM’s go Dark?

It was early afternoon, and I was on a chartered bus about 50 miles outside Vienna. The cellphones of my traveling companions starting buzzing…and one of the Austrian bankers began to translate the breaking news coming over the radio.

singapore

Raising World Citizens

It’s a big decision to bring your children overseas. My husband, Dan, and I turned our lives upside down in 1990 when we took our 1-year-old and 2-year-old to Guam, an island in the middle of the Pacific Ocean, to take up teaching posts. Over the next 10 years we lived in three other countries— Ghana, Singapore, and Mexico—and visited many more.

One of the World’s Best Offshore Havens

One of the World’s Best Offshore Havens

As other nations relax bank secrecy, the island nation of Singapore has embraced it. If you are looking for strong banking and business laws in a highly-regulated environment and ultra-secure storage, look no further.

bangkok-thailand

Four Days on the Eastern and Oriental Express, Out of Bangkok

If your idea of a dream vacation is traveling by train in absolute luxury, through some of the most romantic, historic and visually exciting cities in Asia, sampling the best local food along the way, then the Eastern & Oriental Express may be just the ticket.

Singapore: Where They Still Take Bank Privacy Seriously

Singapore: Where they Still Take Bank Privacy Seriously

As other nations relax bank secrecy, the island nation of Singapore has embraced it. If you are looking for strong banking and business laws in a highly-regulated environment and ultra-secure storage, look no further.

Foreign Bank Accounts (and More) in the "New Switzerland"

Foreign Bank Accounts (and More) in the “New Switzerland”

In 2005, Singapore began adopting laws patterned after Switzerland’s. Laws that tightened its bank secrecy. But unlike land-locked Switzerland, Singapore sits at the center of Asia’s booming demand for raw materials, close to many key physical markets. It also beats Switzerland on taxes. Official corporate tax rates in Singapore have fallen by 3% to 17% over the past five years…

Singapore-Swiss-Style-Priva

Singapore: Swiss-Style Privacy with Palm Trees

The last five years has seen a rush of foreign bankers to the island city-state of Singapore. Swiss Banks such as Julius Baer have expanded their operations to capitalize on new business opportunities there. And earlier this year the world’s number-three commodities trader, Trafigura, shifted its trading center from Switzerland to Singapore.

Why Successful Investing All Comes Down to "Integrity"

Why Successful Investing All Comes Down to “Integrity”

Successful overseas investing all comes down to the “integrity” of each country’s business system. You can get a good idea of this by looking at the Transparency International Corruption Perceptions Index, which is published every year.

How to Tap into Big Profits

How to Tap into Big Profits

I can’t tell you how to turn water into wine, but after my recent scouting trip to Asia I can tell you how to turn it into money.

Singapore: 3 Reasons Why the Asian Dynamo is a Buy

Singapore: 3 Reasons Why the Asian Dynamo is a Buy

The view from the top of Mt. Faber is stunning. Mt. Faber is Singapore’s second-highest peak. Climb up here and you’ll see why investors are bullish on this 275-square-mile island off the southern tip of the Malay Peninsula.

Invest in Singapore

Singapore: Where Wealthy People Are Putting Their Money

I have my eye on a different kind of Asia. One that is small, stable and rich. The local currency makes a relatively safe bet. Plus, this place is full of wealthy people with money to spend. According to a recent study by Boston Consulting Group, it has the highest share of millionaire households in the world, at 11.4%.

Stash Your Cash in Singapore—Asia’s Safe Haven

Stash Your Cash in Singapore—Asia’s Safe Haven

Everyone knows Asia is where the growth is. We hear a lot from the mainstream media about China and India. There’s certainly money to be made in these places. But these are crowded trades… They’re big, chaotic and, for the most part, poor.

Where to Find the World’s Cheapest Stocks

Where to Find the World’s Cheapest Stocks

Want to know how much money you’re likely to make on your U.S. stocks over the next, say, seven years? According to storied investor Jeremy Grantham, about 0.4%. Pretty crumby, right?

The Best Places in the World to do Business

The Best Places in the World to do Business

As I travel, I see many places that are compelling for talented entrepreneurs because of a combination of business opportunities, tax-advantaged corporate structures, and low cost of doing business. Here are some of those places

Globetrotter

Globetrotter

International Living’s monthly Globetrotter

Clarification Causes Confusion

In May it was announced that visitors to Panama entering on a tourist visa would no longer be granted a 90-day stay (extendable for another 90 days). Instead, immigration officials said, those entering on a tourist visa would be granted just 30 days-extendable up to 60 additional days. This month, rumors began circulating that the […]

Save thousands of dollars with surgery in Panama

Save thousands of dollars with surgery in Panama

“Americans are in the midst of a global shift in healthcare service: in a few short years, big government investments, corporate partnerships, and increased media attention have spawned a new industry—medical tourism—bringing with it a host of encouraging new choices, ranging from dental care and cosmetic surgery to some of the most costly procedures, such as hip replacement and heart surgery.”

Beat the Snoops

Beat the Snoops

One common question I often hear from folks new to offshore finance and investments is: “What exactly do you mean by offshore?”

Look to Offshore Havens for Real Privacy

Look to Offshore Havens for Real Privacy

Start with this truth-in the United States there no longer remains any personal or financial privacy. Under the PATRIOT Act, bankers and other financial professionals are forced to be spies for the government under penalty of fines and prison.

Enjoy a luxurious lifestyle and an ocean view on a shoestring budget in Thailand

By Steenie Harvey US$1 equals 32.87 Thai baht In Thailand you can live like a prince on very little. Just about everything is inexpensive. Four pineapples for $1…teeth-cleaning for $7…an hour’s foot massage for $6, getting a blouse washed after a mishap with a green chicken curry will set you back 25 cents. “Treats” can […]

The Original Singapore Sling

Dear International Living Reader, A resident of Thailand, I always enjoy my visa runs to Singapore but I have never been happy with the hotels, most of which are either too cheap and nasty or too expensive and impersonal. But this time I tried The Perak Lodge, after walking past it on my last visit […]

The Original Singapore Sling

Visitors to Singapore can get to know the city by strolling through the wet markets, spice shops, and garland stalls. If you like, you can even have your fortune told by parrot, or your hand hennaed with a scorpion before visiting a Hindu temple. Dear International Living Reader, A resident of Thailand, I always enjoy […]

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