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Old 07-06-2019, 12:28 AM
retirebatam retirebatam is offline
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retirebatam is a Helpful and Caring Samsterretirebatam is a Helpful and Caring Samster
Re: Batam Info / Interest / Help Thread

Quote:
Originally Posted by ndnd View Post
I doubt anyone will renounce SG citizenship for Indonesia citizenship.
I have some Malaysian friends who are unwilling to take up spore citizenship although they were invited to apply because they have properties and plantation lands in Malaysia which they cannot afford to lose.

Same applies to giving up singapore citizenship. Some Singaporeans may still want to keep their HDB flat in order to rent out to earn some passive income.

Some may still want to come back to spore just in case Plan A failed and may need to come back to cari makan again.

Back to your questions, you’re rite, majority will not renounce SG citizenship except three groups of people:

1) Those people who have lots of CPF money in their CPF accounts and decided to withdraw all the CPF money out at one go to retire in a lower cost of living country.

2) Decided to leave spore for good means no intention to come back spore anymore.

3) Those people who has no relatives or family members in singapore but has established a family in Batam...(accidentally bought the cow)