Advertisement
Anonymous
3
Discussion (3)
Learn how to style your text
Paridhi Jhunjhunwala
25 Nov 2019
Associate at Kristal.AI
Reply
Save
Kelly Trinh
25 Nov 2019
Backoffice technical at financial services firm
Well assuming you go to some country with a developed financial services industry, you shouldn't have issues with getting same exposures there. Aside from the manual work hassle, there would be frictional costs of moving - could be as little as 1% and perhaps as much as 5% (a disaster scenario, but that would be rare)
The benefit of having it locally is easier to manage than leaving in SG (posting statements generally can go overseas but you are in a spot of bother if they want a face to face) - but in this day and age mostly online the hassle isn't too bad
Depending on the size of your assets then you have to decide yourself on the balance of cost vs convenience to decide whether you keep in SG or move over.
Reply
Save
Ashley Wong
29 Mar 2019
Financial Assistant at Multi Management & Future Solutions
You can keep your investments in the same country where you are at present. There is no need to take...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Hi!
Since your current financial plan is based on the Singapore markets, you can leave a majority of your investments in Singapore itself. However, you should take some amount to the place you retire and invest there to have some more liquidity in case you need some funds in the new country. As most transactions are online these days, it should not be too much of a hassle to deal with investments from anywhere in the world.
I work at kristal.AI, and it's my passion to evaluate various upcoming investment opportunities.