American Expat in Singapore Considers Renouncing U.S. Citizenship Due to Cost of Living
Nick Burns, a former U.S. Navy serviceman and semiconductor industry professional, has relocated from San Francisco to Singapore, citing financial and safety concerns as primary motivators. In San Francisco, Burns faced high living costs, including a $5,728 monthly rent for a two-bedroom apartment, and safety issues that made the city feel unwelcoming. In contrast, Singapore offered him a more affordable and secure lifestyle. Burns and his Singaporean wife purchased a four-room public housing apartment for approximately $790,000, with a monthly mortgage of about SG$3,520. Additionally, Burns benefits from lower taxes in Singapore compared to California, allowing him to save more despite earning slightly less. He has applied for Singaporean citizenship and is considering renouncing his U.S. citizenship, as Singapore does not permit dual citizenship. 
