Bro, I do acknowledge that I am biased. What I am driving at is wider options and not zero sum gain. You can have best of both worlds.
Btw why did you assume others are doing better than me. It seems to suggest that those who can't make it in Singapore can make it in a 1st world country. Seems silly.
Those who have been in this forum as long as I, would have guessed that I am very comfortable finance and asset wise, move in "interesting" circles, never ever owned a HDB or HUDC flat but everything else. Material wise I have and get everything else I want in Singapore at the blink of an eye.
Here is story that started that journey. One day, a young chap with a Singaporean name gave a presentation but he spoke with a Western accent, very articulate, confident and held himself very well amongst AngMos and his boss was also an AngMo and he worked for an MNCs. I was curious and asked around. He was the son of a local magistrate and his parents sent him early to boarding school in Australia. He was not the first. Overtime I had come to know of kids of the elite being sent early in their schooling life sometimes with mum in tow. Some are children of MPs, senior civil servants and captains of industry. Lawyers and doctors are also in the game.
As you would have guessed by now, SPH cannot carry stories of this nature. Old man gets upset with these things. He wants every Singaporean kid in Govt school and they cannot go to an International School in Singapore. Exceptions have to be given by MOE.
I then found nearly 18 years ago that family members of political and civil service elites holding dual citizenship. I then realised that this is not against the law and there is no law prohibiting it. You saw the comments when people found out that a cabinet minister's sons and daughter were holding dual citizenships.
If you stayed in Redhill or Macpherson and you had all the money in the world, you would naturally move to Holland Road vicinity. Why? You could comfortably live in Redhill. Moving to Holland Rd is easy but there is still some level of apprehension as the neighbours might not be nice to you if they know that you came from Redhill. You are not sure if your car is suitable for the neighbourhood. These are all fear factors that become many fold when you move to Ang Mo land.
1) All the countries that I suggested as destination countries are 1st world ( Holland Road and not Farrer Park). All of them have comprehensive safety net except the US. That means that if you falter, you do not have to lose your dignity before receiving help. And help is provided as a matter of right.
2) This is the best investment that you can give your kids. There is no other place that they can reach their full potential. The culture, the lifestyle and the opportunities are immense. Thousands of PRCs flood to the US, UK, OZ etc and they will be ahead of us. Only the second rate ones and the prostitues land in Singapore. The smart ones take our scholarship and then head west. They all can't be wrong. We fly to first world countries for our holidays for a reason.
3) It is easier to start a business in 1st world countries because of easy funding from govt schemes, much cheaper rent etc. Many who leave the 3rd world are not academically qualified so they go over for business. In Singapore, rental are really high and the environment is tough. Our Businessmen to survive now move to Indonesia, Thailand etc.
4) We used to laugh at people from the South East Asia, Asia, Africa, Latin America and the rest of the 3rd world as Singapore was a sparking diamond within 20 years of independence and we could do no wrong. Those times have disappeared. We now have educated people from these countries, crowding a tiny island, pissing in MRT trains, shouting, and you do have to admit that it getting worse and not any better. Interestingly the really good ones from these crumbling and corrupt countries are heading west. The 1st generation of PRC migrants to the West will be ahead of your kids.
The point is very clear. If you and your family are living in the Silicon Valley, Yarra, Chelsea etc, I must be bloody mad to even suggest that you consider uprooting.
If you tell a chap from the West including expats who work here that you are financially well, asset rich and your family has everything in SIngapore, they will smile, agree with you and laugh behind your back. Singapore is like MacDonalds. Very efficient, clean, well maintained, hugely profitable, and well branded. The whole world knows about Singapore as they know MacDonalds. Here is the stinger - no Ivy league or Oxbridge scholar will be caught dead working in MacDOnalds even in a Senior Management Position unless they own a francise. I leave it to you guess why. And it has nothing to do with money.
Sorry to be harsh but the hard fact is that you are comfortable, you fear change, you are not sure you can stand among the Ang Mos, you fear you can't make it. The kids I can assure you are very adaptable. Its us adults that fear losing face.
Naturally if you pass that age, you can only consider retirement or starting a business when you go over but do consider your kids and other besides yourself.
mr scroobal,
i am a silent reader here most of the time. i find that what you describe about the push & pull factors are very very 1 sided.
let me quote myself as an example. i have never never thought of migrating from singapore before. my reasons are simple, there are simply no reason at all for me to go. i have a 5-figure mthly salary, i have a 6-figure savings account, i stay in pte property, i own a car, i have 2 school going kids. most important of all, all my immediate family, friends etc are all in singapore. and yes i do vote for the opposition every single time.
it absolutely makes no sense for me to give up everything here just to 'prove' to anyone that i am not afraid of taking risks, mixing with foreigners, look for new house, new employment etc. there are things which are not right in sg now in my opinion. pap selling us out, too many foreigners etc. but why should we go because of them? they are the one that should get lost.
my point is : please dont go about ridiculing people that do not want to migrate. they have their reasons. 1 reason is that they could be doing better than you in sg.