Sovereign

Relocation Playbook

Move from New York to Singapore

Executives shift to Singapore for 24% max rate, CPF boosts, and Asia coverage. We quantify the delta across tax, cost of living, and monthly cash flow so you can ship an evidence-backed relocation memo.

New York Net Pay

$170,440

Effective rate 29.0% • marginal 39.6%

Singapore Net Pay

$260,378

Effective rate 19.0% • marginal 42.0%

Annual delta

+$23,871.94

After tax & social costs on $240,000 package

Tax structure breakdown

  • Tiered tax tops at 24% vs 45% combined NY + Fed
  • CPF caps social costs at ~USD 16k annually
  • 12-hour overlap with US + APAC mandates

Cost of living shift

Cost of living

73

Cost of living

50

Rent index

64

Rent index

63

Differences in rent and COL mean the tax delta compounds into lifestyle gains.

Relocation timeline

  1. Week 0-4: Finalize offer structure, trigger exit tax planning in New York, and launch visa applications for Singapore.
  2. Week 4-10: Relocate, lease housing, and obtain tax residency certificates (TRC/Tax Domicile). Update payroll & equity grant paperwork.
  3. Week 10+: Rebuild allowances and cash management to exploit Singapore benefits (housing stipends, CPF/GOSI options, corporate structures).