Why this British Investor chose Singapore over the UK
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- เผยแพร่เมื่อ 22 พ.ค. 2024
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Meet Alexander Knight, originally from London, UK. He once lived in Russia and has now been calling Singapore home for 18 years. Alexander explained how the cost of living in Singapore has skyrocketed over the years, recounted amusing stories from his time in Russia, and provided tips on making millions through whisky investments. Enjoy!
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TIMESTAMPS:
00:00 INTRO
00:35 Best in Singapore
02:59 How has Singapore changed?
06:35 Moving back to the UK
06:57 Real estate in Singapore
08:33 How did a Londoner end up in Russia
11:18 The craziest story that happened with British in Russia
13:33 Misconceptions about Russia
15:32 Whiskey casks business
23:09 How to start to invest in whiskey casks
23:01 Life principle
23:36 The meaning of life
TODAY'S GUEST:
➢ on LinkedIn: / knightalexander
Hey! This channel bridges the gap between locals and foreigners in Singapore, Malaysia, and India. Join Max as he interviews expats, unraveling their unique stories and providing valuable insights into their lives in the vibrant cities of Asia. Through engaging conversations, Max fosters understanding and appreciation between locals and the global community, focusing on cultural exchange.
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I like this UK guy's attitute. No nonsense straight talking.
I think the foreign talents issue is always going to be a very sensitive issue and there are things that the government is unable to speak out too specifically and too clearly. By and large, I think it will be accurate to say that Singaporeans are generally very welcoming to foreigners and foreign talents. The issue is that there's a very strong tendency for a particular ethnic group of foreigners to be extremely cliquish and to hire only their own kind in the workplace. This has really created a lot of animosity among the Singaporeans who expect nothing short of meritocracy and are not used to seeing this sort of cronyism and favouritism.
Which ethnic group do you refer to?
@@redrospa1590I think if you are Singaporean, you will know which group of foreigners @Hermit-Crab is referring to. Hint: They are over-represented in the fintech and IT industries.
@@kenzone You mean Indians from India. Its a tough law, but fair in my opinion. And I'm Indian too but across the straits.
@@redrospa1590 Not the British or the Australians for sure.
@@Hermit-Crab well, being white, I felt it might of been directed towards us, as most racial slurs are these days.
Awww that was such a sweet sentiment to end on 😊❤️
I don't agree that the overall living expenses are cheaper in Europe such as London. Since I am a local and live in a fully paid-up HDB and do not own a car, I find the cost of living in Spore is manageable with my net income after deducting income tax and GST. I do agree that for a foreigner who has to pay housing rental, Singapore is expensive. None of my business though since I live in subsidized public housing.
He measures it in pint. That's why. 😂
The biggest expense is always rent or mortgage, so it’s understandable that you’d find the cost of living manageable if you live in a fully paid flat.
@@kaythailee4767 That's hilarious. There are all sorts of indexes used, like the Mcdonald's index, (because the goods should be pretty homogenous where ever you buy it), but never heard of just using ONE item. Normally it's a "basket" of goods.
Great Sir, I like the Pint-Index.
❤❤❤🫶🫶🫶👍👍👍 Most welcome to make Singapore your home!
Welcome you and family 🎉🎉in Singapore
Really good one.
Great interview. That jump cut at 23:41 did make me laugh though 😆
ouch
dude.. seriously if you don't drink and smoke you are at less 40% cheaper than UK.. rental compare to London is still cheap.. I mean comparing HDB to their mass commoner houses than compare lux house their with Spore landed and premier house.. Ok Cars is crazy that understanding or you can choose to have roads like Bangkok ?.. So having said that if you had a unhealthy life style Dinking, smoking.. than Spore is very X for you if not Spore leave out the cars.. is still consider cheap.. Folks comparing cites to city and not a 1st world city to a 3rd world country pls..
100% agree. And never get a car in SG. No need. Lived a good life there in a nice HDB much better than UK or US with lower cost of living.
He is definitely spot on that buying properties here for investment is a terrible idea now. Unless you are buying for own stay simply no upside for Singapore properties anymore.
I notice Max does not ask leading questions about Russia like he does about the US. With America he seems to fish for negativity. Credit to him, though, for being transparent here about his complicated feelings about being Russian.
It's called good communication skills, he also has a russian channel and wouldn't want to stir up any controversies about the sensitive subject. And in general, talking negative about America is very fashionable lol
Truth is. In a recession foreigners are first to go.
Really good video!
property prices here will continue to rise in the long run, because everyone knows it is a safe investment.
No ! Try sentosa area
@@goggles7777Sentosa is for foreigners
Definitely getting Philip Seymour Hoffman vibes! Such a cool calm interviewee.
seriously, almost all the people the channel are people staying in central region of SG, which explain why their perspective of rental is always high. SG is small, rental of apartments of similar size in other region of SG can easily half or at least 1/3 lower in rental they are currently paying.
I'm currently in Singapore on training. Honestly, I hate it. Its boring, expensive, too restrictive, soulless, cold, and inhumane. I can't wait to get back to Thailand
Because he likes the year-round hot and humid climate of Singapore.
where the green space like regents park , Hyde park ,clissold park ,bruce castle park ,primrose hill ,kensington park Springfield park
singapore crowded
hahaha literally everywhere in Singapore!
@@MaxChernov ill check it out
il heard sigaoor more dense tha barbados and small than jamaica
Hi Max, I see you first as a great content creator and not your nationality. That said, I think you are doing a great job helping us get more acquainted with Russian people. Please continue with your good work! (PS: What the foreign minister said about foreigners does not represent the rest of us, similar to the point made in this segment). 😊
🙏♥️
Ask him to stay HDB with 3K income then these people know real Singapore.. € Euro to $ got huge difference. Like we local rich in Malaysia.
Interesting...
This guy knows a lot about whiskey.
This guy got ever stay in hdb anot? Or just living the shiok expat life. Of course will love SG
❤❤❤
Asia is the future.
Elections coming up, so they have to start being singaporean centric. So they can get re-elected and to protect themselves from opposition questions etc.
Gov will tone down post elections, IMO, because Singapore still have to be a hub and talent hub, and to be a hub, we will need foreign talents to stay and help grow and develop Singapore.
The British banks have closed ranks against sending money to and from crypto exchanges, claiming that they're acting in their customers' best interests by protecting them against potential scammers. In which case why aren't people prevented from other forms of gambling with their own money? My question is simply to learn whether Singapore banks are similarly obstructive to customers wanting to buy Bitcoin; the least risky investment on Planet Earth! If they are acting like British banks, it's most likely that they're equally terrified of losing control of the money.
singaporean banks are great for crypto. Much better than the UK
He wouldn't last a minute in the UK, people would see through him in minutes haha
Briton, not British. You can also say Brit.
Did he back brexit ?
Alexander is not clear cut honest business person. He had some problems in both UK and Russia with tax authorities and this is one of the reasons not wanting to move back to UK. Singapore is not tax heaven is investment hub .If you are big company with a good projects and ideas is the place to be but as foreigner you have little to no rights when comes down to running a business .What most foreign investors do is to relay on local business person to run day to day business and everything regarding taxations .Many foreigners use outside companies traded on exchange just to be in Singapore. I assume Alexander is doing that .Realistically this door will be closed in 2026 both US, EU and China are actively putting pressure on Singapore to not allow companies changing countries just for sake of saving money and insurance payments.
My company moved from Australia our South Pacific office to Singapore back in 2013. We had a Singaporean born colleague who is in charge of our business in Singapore.
😊😊
"remote patriotic"
The Economist has left the chat.
😂
Palace guards of the g lobalists you mean.
Eduardo Saverin, good luck trying to get the most richest person in Singapore.
I’m trying to get him
Sin tax for alcohol and tobacco lah!
Must be kidding!
Just back ftom London after staying there for a month. Crazy expensive Food n even public transport
It is all hype and not the hard truth !!!! The hard truth ???? It is about conning by influencing and you part wit your money !!! That is the hard truth ... it is not about ALTRUISM !!!!
i dont agree about the point on food being expensive. this dude is probably hanging out in expat bubble pubs, restaurants cafes but in more mass market local areas singapore has delicious local hawkers at a fraction of what you can find in london!!! and local supermarkets with budget commodities
Singapore`s loss uk`s Gain
Hey max, why not you interview true Singaporeans about how they feel about foreigners. Easy to get a good video if you only interview the rich foreigners
I stop listening when his comparison is solely on pints
The British individually are called a Britton. ‘This Britton will not…’
Or you can say ‘These Brittons…’ as a plural. You don’t use British as a singular noun. 😊
I was going to point that out as well... There is just no pleasing us Brits... 🤣
yes, thanks! fully agree. Corrected :)
Nope, singular is British. Briton is an ancient Brit, usually Celtic and not used now. Not Britton at all, other than a surname.
A briton is a Celt at least a thousand years dead, no connection with brits residing in the uk these days.
Thanks. All this while I thought they were called Englandians.
In my opinion greed has no limits? He is a typical medicine men. His words can be taken as a pin of salt.
How can Singapore's cost of living higher than London? You talk only about pint!!!
caveat emptor (buyer beware).
u feeling is very rely with most of conscious chinese
Hi Max, i enjoy watching your interviews but i can see your discomfort in 1 or 2 interviews when the Ukraine war topic comes up. No government is perfect. Only the ones that aren’t thinking of their own people and only think of controlling the world are disillusioned. Your govt ain’t doin entirely wrong things. Good values/principles and appropriate fairness aren’t the same as ideals that are often loosely spoken and not carried out.
Of it’s easy when you have money to stay in a big house or they are paid for by your company. For most of the population, it’s a struggle.
He is comparing pints of beer.
Our luxury tax is high. Not everybody wants or needs luxury. But everybody needs food. And i'm pretty sure food is a lot more affordable here.
And then he compares London and Singapore.
It certainly is more expensive for a foreigner in Singapore than a Singaporean. Foreigners have to send their kids to internationa school. If they buy a condo, there are certain taxes that a Singaporean would be exempted from. There are no subsidies for healthcare.
Is it more expensive for a Singaporean to live in London, than a Brit? For example; can a Singaporean family get their children into their public schools?
As for feeling like the hired help... i guess he doesn't enjoy not being the star of the show anymore.
And then he spoke about the property market being too rollercoaster here. And then continue to say that Thailand prices are coming down... haha... i think i'll stop typing here... also stop watching too.
When property price Collapsed???
Asking for a Friend??
Buying a property in Thailand requires the property to be in the name of a Thai. So the property is never yours even if you paid for it.
Wrong
The so-called West does not take Russia as Europeans, so what's your problem with just being Russians.
Dont think he is here to contribute to the economy, more likely to his profiy margin, employing cheap sales people, and still donning his colonial mentality hat 😅
Sad!!! For all the liberal stance, passe thinking. Both the interviewer and the interviewee.
What thinking is good?
@MaxChernov Liberal, broad thinking is good. Progressive,dynamic thinking is good! Never let them convince you Russia is bad. She may not be good but she is not bad. And Never be ashamed of being Russian. And don't be ashamed of the government either!!!
Everything he said is correct. But when he get ill, they will come crawling back for Free NHS treatment.
lol no chance. The NHS is as close to useless as you can get 😂 what is the point of free if it is unfit for purpose!
More reason why we shouldn’t have an NHS.
Are you dumb? He’s rich and the healthcare in Singapore is better than the uk
So he'll never return to the UK.....so what...who cares...move on.
Yeah, stay and don't go... ...
Hee hee hee hee hee... ...
WELCOME TO THE CITY OF GODLESS PEOPLE.🔥🔥🔥
When people think they are superior to the poor? I don't know if that's the case for you, but I've been to Singapore as a European. When I saw, for example, how Singapore treats Indians and Pakistanis, I was very surprised. But what amazed me even more was how Indians and Pakistanis treated each other, even worse because of status. That's a big lol until you understand that.
there are 530,000 millionaires in Singapore.. so.. who cares if he is one ? what's the point...
It's only half that number.
His story is more interesting than your 530 000 millionaires kid from SG
@@SuperREDXIII13 if his story is interesting, it doesn't matter if he owns 10 sgd, or a million, fruitcake