Appeal of Singapore
- Thread starter glengoolie
- Start date
- Status
That makes perfect sense. If China ever threatens Singapore, they can move their funds very quickly to Switzerland. That is exactly what I meant about having a backup plan for your money.
Singapore is less than 600 km from the southern end of the South China that China claims as its own. China has two aircraft carriers and a third under construction. Vassal state status for much of SEA is the most likely long-term outcome.
Singapore is less than 600 km from the southern end of the South China that China claims as its own. China has two aircraft carriers and a third under construction. Vassal state status for much of SEA is the most likely long-term outcome.
Singapore was a great place but it's not for everyone. Covid has ruined the economy and the borders are locked. The PM is retiring and China is expanding it's influence so the future is highly uncertain. Neighboring countries have implemented plans to revive their economies though foreign investment/residency schemes but Singapore still has their old 1.8 million USD residence by investment scheme. I don't think there are going to be any takers.
- Status