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Compare · Philippines vs Singapore

Philippines vs Singapore for Australians leaving home

Philippines:Territorial taxAU tax treatySingapore:Territorial taxAU tax treaty

Philippines and Singapore run the same headline regime, territorial tax, so the decision turns on the details underneath: what each one does to capital gains, dividends and the Australian income you keep.

Both have a tax treaty with Australia, so either way you get a tie-breaker if the ATO contests your departure, and capped withholding (15%/10% vs 15%/10% on unfranked dividends/interest).

Philippines is the cheaper place to live day to day, roughly 45% of Sydney's basket against Singapore's 110% (indicative, ex-rent), which can outweigh a thinner tax saving over a full household budget.

Personalise this, enter your numbers once and every figure below becomes yours: “your estimated income tax: $14,200”, not “0, 22%”. Open the Country Comparison tool →

2 destinationsPhilippinesPhilippinesSingaporeSingapore
Tax
Regimeterritorial, worldwide income not taxedterritorial, worldwide income not taxed
Income tax on salaryProgressive 0, 35% on Philippine-source compensation and business income; the 35% band starts at PHP 8m (~A$216k).Progressive 0, 24%. A S$250k salary pays roughly 18% effective.
Capital gainsForeign share gains: not taxed for resident aliens. Philippine listed shares: 0.6% stock transaction tax on gross sale. Unlisted Philippine shares: 15% CGT. (0% typical)No capital gains tax for individuals. (0% typical)
DividendsForeign dividends: outside the Philippine net for resident aliens. Philippine dividends: 10% final withholding.Singapore dividends tax-free (one-tier); foreign dividends generally exempt for individuals.
InterestGenerally untaxed locallyGenerally untaxed locally
CryptoNo dedicated crypto tax rules: BIR guidance treats trading profits as taxable income when Philippine-source. Offshore-exchange gains of a resident alien are foreign-source and outside the net, but documentation matters.No CGT: investment gains untaxed. Trading as a business is taxable income, frequency and intent matter.
Australia tax treatyYes, AU withholding capped at 15% dividends / 10% interest, tie-breaker availableYes, AU withholding capped at 15% dividends / 10% interest, tie-breaker available
Social securitySSS/PhilHealth apply to local employment; retirees and remote workers on their own income are outside them.CPF applies only to citizens/PRs, most expats on passes pay no CPF.
Visa
Best pathways
  • SRRV (Special Resident Retiree's Visa), Indefinite residence via the Philippine Retirement Authority: age 50+ with a US$10k deposit plus US$800/month pension, or US$20k deposit without one.
  • Extended tourist stay (9a), Visa-free entry extendable in-country up to 36 months without leaving, the de facto long-stay route.
  • Digital nomad visa, One-year renewable visa for remote workers with foreign income and clients, created by executive order in 2025.
  • Employment Pass, Employer-sponsored pass; minimum ~S$5,600/month (higher with age and for finance), plus the COMPASS points test.
  • ONE Pass, Five-year pass for high earners: S$30k/month salary track record.
  • EntrePass, For founders of venture-backed or IP-rich startups incorporating in Singapore.
Visa ease8/105/10
Family on visasDependants covered on main pathwaysDependants covered on main pathways
Fastest timeline~0 months on the quickest pathway~2 months on the quickest pathway
Money
Rent (family home, monthly)$2,000/mo$9,500/mo
Rent (couple, monthly)$1,100/mo$5,200/mo
International school (per child/yr)$14,000$45,000
Health cover (family/yr)$4,500$8,000
Cost of living vs Sydney45% of Sydney (ex-rent)110% of Sydney (ex-rent)
Relocation one-off~$12,000~$30,000
Flights home (return, pp)$1,300$1,400
Life
Timezone vs AEST2h behind2h behind
Flight from Sydney~8.5 hours~8 hours
English9/1010/10
Safety5/1010/10
Healthcare5/1010/10
Schooling6/109/10
ClimateTropical with a serious typhoon season (June, November); Manila is hot, humid and flood-prone.Equatorial, 31°C and humid every single day.

Costs, rates and visa figures are country-module data marked indicative until individually verified; FX and rental markets move constantly.

Honest downsides, side by side

Every destination hub on this site carries its downsides in the open. Here are both lists together, because the right question is rarely “which is better?” and usually “which set of problems would you rather live with?”

Philippines

  • Infrastructure is the weak point: Manila traffic is globally infamous, power and internet reliability vary, and healthcare outside top private hospitals is thin.
  • Safety requires judgment, petty crime in cities, and entire regions (western Mindanao) under standing government travel warnings.
  • Typhoons are not an abstraction: multiple significant hits per year, with flooding even in metro Manila.
  • Foreigners cannot own land (condos yes, land no), long-term settling means leases or a Filipino spouse's title.
  • The banking system is parochial: moving money in is easy, opening accounts and moving it out less so.

Singapore

  • No general nomad/retirement pathway: without a job, a business or serious capital, there is no way in.
  • The world’s most expensive city on several measures, school fees and rent will eat a big share of the tax saving.
  • A 4,000-a-year national day-count habit: many Australians in Singapore drift over 90 days back home. The treaty helps, but only if Singapore residency is solid.
  • Employment Pass renewals are policy-sensitive; your long-term security is COMPASS points, not a right.

Make this comparison yours

The table above shows the general figures. Enter your income and family once and the tax rows become your numbers, “your estimated income tax in Manila/Cebu: $14,200”, not a range.