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Anonymous
As for all the brokerage account or investment plan, are those only open for Singaporean only?
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Pascal S
06 Mar 2020
MBA Graduate at Singapore Management University
I like how you use the word "migrating"
You have a few too many options at your disposal.
Get a cheap, but massively huge piece of land in MY not far from civilization, and you can build your retirement house there, about 5 years before you expect to retire.
Oh, and keep earning in SGD as long as the exchange rate permits it.
Life is good.
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Cheap u.s. based broker, then the following general style possible https://seedly.sg/questions/what-is-your-genera...
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As a Malaysian citizen, you are eligible to put money into the EPF, which is malaysia's version of CPF. You can also consider opening an SRS account and contribute money into it regularly so that you can get tax relief, and used said monies for investment purposes- Stashaway can be invested via SRS. Also, MoneyOwl and Endowus who carry the excellent Dimensional Funds are working to become SRS certified!
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Some advice about a Malaysian forex broker
According to the regulatory information from LFSA(Labun...
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Depending on various restrictions, funding requirements, and tax implications, brokerages will have different arrangements to be fulfilled to open an account for non-local residents. However, brokerage accounts and investment plans are not restricted to only Singaporeans.