Introduction to expat banking
Money in Singapore
Finding accommodation. Organising healthcare plans. Sorting out schools. There’s lots to think about when you’re moving to another country. One of the most important things you need to do is make sure your finances are in order.
In our 2016 Expat Explorer Survey, 30% of expats said their finances have become more complicated since they moved abroad. (This figure rose to 46% for expats earning more than $250k a year.)
Our survey also found that some of the biggest challenges are having financial commitments in both your home and host country, juggling finances in different currencies, moving money between countries, having more money to manage, and dealing with a more complex tax situation.