I am a Malaysian currently living and working in the US with a green card issued in 2016. I am thinking of relocating to Singapore and finding a job there. What are the pros and cons being a US green card holder working there (in terms of taxes, foreign income exclusion, tax credit, double taxation, etc)? Or would it be better for me to apply for US citizenship first prior to relocating to Singapore?
Hopefully someone in a similar situation would be able to share some experience. Thank you very much!
Thank you for your replies! Yes, I understand that it would depend on me but I was just curious about the taxation part being a green card holder or US citizen in terms of double taxation. If everything goes well, it would be a permanent relocation, at that point I would have to determine whether to relinquish my permanent residency and address the taxation concerns that arises from that for that year (perhaps?). Either way, I will still be subject to U.S. income tax but may qualify for certain foreign earned income exclusion/tax credits - which I had questions about earlier.
Anyway, below are some references I found below...
Most likely I will apply for my US citizenship before relocating to Singapore. Thank you once again.