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#1
10-03-2015, 03:50 AM
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Guide for Singaporean retirees
An honorable member of the Coffee Shop Has Just Posted the Following:
Migrating or Planning to reside on a long term basis Typically there are 2 major avenues of making the move overseas Option 1 - The intention is to move permanently and these are either as (a) skilled migrant, (b) Investor or (c) Dependent. Those who plan ahead,can use the skilled migrant category and drop anchor, serve a period of residency and then finally move to retire. Option2 - Most countries have programs to accommodate foreign nationals on 5 year or extended stay visas. Australia is popular with Singaporeans and there are many such residents whose visas are extended every 5 years. They however do not have access to the welfare/free health but enjoy all else. Malaysia too has a silver hair program. For details of various categories, consult the sticky thread and the websites of the popular countries which are listed. Profile of a Retiree and their Needs Many are set in their ways and they will going into a new country with relative fewer opportunities to meet new people compared to younger migrants who have ample opportunity to make new friends especially locals of the new country in their workplace, pubs, at sports etc. So be prepared. Your first interactions are those who are family and friends of your relative or family members that migrated earlier. Vernacular church is another. These might prove boring over time especially if the circle is "outdated". Work out a routine on how best to do it and then choose the city, the house etc and begin enjoying life. Challenges faced by retirees Many retirees end up in Leeds, Vancouver, Adelaide, Canberra etc because they had followed their kids who are studying there or family members who migrated earlier. The city itself might not be suitable for retirees or the presence of like minded people might not be around. A better way is to treat the first move as transient and then make the final decision when you are better informed. Any way, most kids after their study return to Singapore or move to bigger cities. And the parents end up stuck in the city. So plan carefully. Click here to view the whole thread at www.sammyboy.com. 
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