Asked by Anonymous

I'm a Malaysian who is migrating to Singapore. Are the investment plans in SG better than Malaysia's plans? Since I'm not from here and I don't have CPF, what other alternatives should I opt for?

As for all the brokerage account or investment plan, are those only open for Singaporean only?

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  • Luke Ho
    Luke Ho
    Level 6. Master
    Answered on 10 Nov 2018

    The range of investments and safety of them are much better here. They are open to pretty much everyone, unless you're a US citizen.

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  • Elsa Goh
    Elsa Goh
    Level 5. Genius
    Answered on 09 Nov 2018

    Just for info, if you will be getting a PR and working as an employee, you will get cpf.

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  • Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent
    Top Contributor

    Top Contributor (Mar)

    Level 7. Grand Master
    Answered on 09 Nov 2018

    No offence but investing using our currency should already be a decent appealing factor.

    We also have MAS being the watchdog of all licensed investment options and you can trust them to do a good job.

    We're also known for being an investment hub so there's opportunity to invest in the rest of the world as well. There are many more efficient markets and opportunities outside both of our countries.

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