"Making a difference in people's lives has always been my life's mission."
Over 12 years serving families, professionals and foreign expats in Singapore — licensed across life & health insurance, general insurance, and mortgage financing. One person, one conversation, the whole picture.
Over the years I've been grateful to walk alongside more than 600 families, individuals and foreign professionals living in Singapore. My approach is unhurried and honest: I listen first, understand your situation in full, then plan around what genuinely matters to you.
My logo is a "K" whose black brush strokes form 人 — the character for "person". It's a daily reminder that this is, and always will be, a people's business.
Holding licences across life & health insurance, general insurance and mortgage financing means you have one trusted contact for the whole financial picture — rather than juggling several people for several needs.
I work closely with foreign expats living and working in Singapore, helping them navigate a system that can initially feel unfamiliar. From understanding what tax reliefs are available to you, to structuring protection around an assignment that may only be here for a few years — I'm here to make it clear and manageable.
I represent Prudential Assurance Company Singapore, with additional licensed roles through Raffles Provident LLP and The Financial Network. Different needs are met through different licensed entities — here's exactly who provides what.
Served in my capacity as a Financial Representative of Prudential Assurance Company Singapore (Pte) Ltd.
Arranged through my general insurance agency.
Arranged through The Financial Network Pte Ltd.
Protecting the people you love at every life stage.
Prudential Assurance Company Singapore Explore 02Succession funding and protection for business owners.
Prudential Raffles Provident LLP Explore 03Home loan decisions made clear — with two interactive calculators.
The Financial Network Try calculators 04Thinking ahead about how wealth and wishes pass on.
Prudential Assurance Company Singapore Explore 05Everyday cover — home, travel, motor and more.
Raffles Provident LLP Explore 06Purpose-built guidance for foreign professionals living and building a life in Singapore.
Prudential Raffles Provident LLP Learn moreLife rarely stands still. A good family plan flexes as circumstances change — growing with new arrivals, adapting through transitions, keeping everyone protected.
In my capacity as Financial Representative of Prudential Assurance Company Singapore (Pte) LtdBuilding an early, solid foundation of protection for your child — so whatever the years ahead bring, their wellbeing and ambitions aren't limited by timing or unforeseen events.
Becoming a parent reshapes priorities overnight. I help reshape a single's existing portfolio into one that now provides for a growing family and its new responsibilities.
Singapore's healthcare is excellent — and costs can be significant. Planning ensures you're covered in a way that fits your lifestyle and income, without surprises when it matters most.
Caring for the generation that raised us matters too. Together we look at supporting your parents' retirement with dignity, steadiness and peace of mind for the whole family.
A business is its people. Sound planning keeps a company resilient when the unexpected happens. Business needs span both life cover and general insurance — clearly separated below.
When a business partner passes away or can no longer continue, a buy-sell arrangement sets out how their share is handled. Such agreements are often funded using term insurance, giving remaining owners the means to buy out the affected share without straining the business.
Some people are central to a company's success. Protection around key contributors helps absorb the financial shock of losing them, while the business stabilises and adapts.
General insurance for businesses is arranged through Raffles Provident LLP, where I act as a General Insurance Adviser (GIA No. C004125). This is separate from my role with Prudential. Please contact me directly for relevant product brochures.
A home is most people's largest financial commitment. Use the calculators below to see the numbers — then let's talk through what they mean for you.
Mortgage & financing advisory through The Financial Network Pte Ltd · Ken Tan acts as Mortgage Broker| Year | Monthly | Interest | Principal |
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Legacy planning is an act of love — making sure what you've built reaches the people and causes you care about, smoothly and with as little burden as possible.
In my capacity as Financial Representative of Prudential Assurance Company Singapore (Pte) LtdPutting arrangements in place so those who depend on you are financially secure — with steadiness during what is already a difficult time.
Helping you think through how assets are intended to pass on, so your wishes are clear and the transition is as smooth as possible for the next generation.
Legacy planning often touches on wills and estate arrangements. Where that's the case, I'll point you to appropriate professionals so everything works together.
If supporting a cause matters to you, we can factor those intentions into the wider plan so your generosity continues in the way you envision.
General insurance is arranged through Raffles Provident LLP, where I act as a General Insurance Adviser. This is a separate licensed capacity from my role with Prudential, and these are not products or services of Prudential Assurance Company Singapore.
Ken Tan, General Insurance Adviser · Raffles Provident LLP · GIA No. C004125 · GIAS Nominee No. C004125-011Whether you arrived last year or have been here a decade, Singapore offers a surprisingly strong financial environment — competitive tax rates, accessible investment schemes, and excellent protection options. But the system has nuances that catch many expats off-guard. I work closely with foreign professionals to help them understand what's available and build a portfolio that makes the most of their time here — however long that may be.
Company group insurance is a valuable benefit — but it comes with limitations that many employees only discover when they need to make a claim.
Group plans typically cover basic hospitalisation and sometimes outpatient treatment. They are designed for the average employee's needs, not your personal health profile, family situation, income level or long-term plans. Common gaps include: coverage limits that don't reflect the cost of a private specialist or complex procedure; no disability income protection if you cannot work; no critical illness lump sum to cover non-medical costs; and no portability when you relocate to another country.
Getting personal coverage in place early, while you're healthy and before gaps appear, is the most cost-effective approach. Think of your company plan as a floor, not a ceiling — and personal coverage as what closes the gaps.
Singapore's income tax regime is one of the most competitive in the world — and if you qualify as a tax resident (generally, working in Singapore for 183 days or more in a calendar year), you can access a meaningful range of personal reliefs that reduce your taxable income.
The table below summarises the main reliefs available to qualifying tax residents — including foreign nationals — as published by IRAS. The overall personal relief cap is S$80,000 per Year of Assessment (YA).
Yes — and you have more options than most people realise. Foreign nationals working in Singapore have access to several investment and savings vehicles that are often overlooked.
SGX-listed stocks and ETFs: Foreign professionals can open a brokerage account and invest directly in Singapore Exchange (SGX) listed equities, ETFs, REITs and bonds using cash — no residency restriction applies. Singapore has no capital gains tax, so any gains on investments are generally not taxable.
Unit trusts and bonds: A wide range of unit trusts, Singapore Government Securities (SGS), and Singapore Savings Bonds (SSB) are accessible to individuals with a Singapore bank account, including foreigners.
The key question isn't whether you can invest — it's whether your investment strategy accounts for your likely time horizon in Singapore, your home-country tax obligations, and your repatriation plan. A conversation with me can help you think through all of this clearly.
| Relief | Who qualifies | Maximum amount | Notes |
|---|---|---|---|
| Earned Income Relief | Employees & self-employed with earned income | Up to S$8,000 (age-dependent) | Available to tax residents including foreign nationals. Amount increases with age. |
| Supplementary Retirement Scheme (SRS) Relief | Any tax resident who makes SRS contributions | Up to S$35,700 (foreigners); S$15,300 (S'poreans/PRs) | Foreign professionals receive the higher cap. Contributions must be made by 31 Dec for that YA. Overall relief cap of S$80,000 applies. |
| Course Fees Relief | Tax residents who paid for approved courses, seminars, or conferences | Up to S$5,500 per YA | Covers tuition fees, exam fees, and enrolment fees for courses leading to a qualification related to current or future employment. |
| Life Insurance Relief | Tax residents whose CPF contributions are less than S$5,000; or foreigners without CPF | Up to S$5,000 | Applicable to premiums paid on qualifying life insurance policies for self or spouse. Foreign employees who receive no CPF may qualify even without the CPF threshold restriction. |
| Spouse Relief | Tax residents who supported a spouse in Singapore | S$2,000 | Spouse must have income not exceeding S$4,000 in that year. |
| Child Relief (Qualifying Child Relief / Handicapped Child Relief) | Tax residents with qualifying children | S$4,000 per qualifying child (QCR) | Child must be unmarried, below 16 or in full-time education, and dependent on you. Handicapped Child Relief is higher. |
| Parent / Handicapped Parent Relief | Tax residents who maintained parents/grandparents in Singapore | S$5,500–S$14,000 depending on living arrangement and disability | Parents must be living in Singapore, 55+ years old, and with income ≤ S$4,000. |
| Approved Donations | Tax residents who donated to approved IPCs | 250% of qualifying donation | Qualifying donations to approved Institutions of a Public Character (IPC) in Singapore receive a 2.5x tax deduction. |
Yes — provided you qualify as a Singapore tax resident for that Year of Assessment. Generally, if you worked or stayed in Singapore for 183 days or more in a calendar year, you are treated as a tax resident and can claim the full range of personal reliefs available to residents, exactly as a Singaporean would.
If you were here for fewer than 183 days, you are typically treated as a non-resident and taxed at a flat rate (15% on employment income or progressive resident rates, whichever is higher) — without access to personal reliefs. There are also administrative concessions for employments spanning 2–3 consecutive years; check with IRAS or your employer.
Life Insurance Relief is intended for individuals whose CPF contributions are less than S$5,000 in that year. Because most foreign Employment Pass and S Pass holders receive no CPF contributions at all, you effectively meet this qualifying criterion automatically.
This means qualifying premiums you pay on a life insurance policy for yourself or your spouse may be eligible for this relief, up to S$5,000 per YA — subject to the S$80,000 overall personal relief cap. It's one of the more commonly missed reliefs among expats. Verify the latest qualifying conditions at iras.gov.sg — Life Insurance Relief.
The Supplementary Retirement Scheme (SRS) is a voluntary government savings programme designed to complement retirement planning. Unlike CPF — which is only for Singapore Citizens and Permanent Residents — SRS is open to all individuals working in Singapore, including foreign nationals on Employment Pass or S Pass.
Key benefits for expats:
For high-earning expats, SRS is one of the most effective legal tax-reduction tools available during their Singapore assignment. Even a few years of contributions can generate significant tax savings and a growing investment base.
This is one of the most important questions to plan for — and ideally one to address before your departure, not at the last minute.
For life and health insurance arranged through Prudential: policies are generally portable and can continue to be maintained after you leave Singapore, subject to the policy terms. Premiums can often be paid via overseas bank accounts or credit cards. The key advantage of having personal coverage (as opposed to relying on employer group plans) is that it travels with you. I'll work through the specifics of your policies with you well in advance.
For SRS: your account remains open. You may continue to leave it invested, or withdraw — but early withdrawal (before the statutory retirement age) triggers a 5% penalty and the full amount being taxable in Singapore in that year. Many expats choose to leave SRS funds invested and withdraw after reaching the statutory retirement age at 50% taxability.
For mortgage: if you're leaving but retaining a Singapore property, your existing loan arrangements remain in place. I can help you think through refinancing options before departure.
Planning your exit well in advance avoids rushed decisions and ensures your coverage doesn't lapse at an inconvenient moment. Reach out when you're 6–12 months from a potential departure.
Foreigners can purchase private residential property in Singapore — condominium units and apartments — without restriction. However, foreigners are generally not permitted to buy HDB flats (except in specific circumstances like permanent residency), and landed property (houses with land) is restricted.
A key cost to be aware of is the Additional Buyer's Stamp Duty (ABSD). As of current regulations, foreigners purchasing residential property in Singapore are subject to a significant ABSD rate. This is separate from the standard Buyer's Stamp Duty (BSD). Both should be factored into your total acquisition cost from the outset.
Mortgage financing is available to foreigners — your borrowing capacity will be assessed by lenders based on your income, existing commitments, and TDSR (Total Debt Servicing Ratio). In my capacity as Mortgage Broker through The Financial Network, I can help you understand what you may be able to borrow and compare packages across lenders.
Property purchase decisions intersect with legal, tax and financial planning considerations — I'll help you understand the full picture before you commit.
Whether you've just arrived or you're years in, a financial review tailored to your expat situation can make a meaningful difference. Let's have a relaxed conversation — no pressure, no jargon.
The character 人 means "person" — and it lives inside my logo for a reason. Behind every policy, loan and number is a real life with real hopes. That's the lens I bring: patient, honest, and entirely about you.
Shared with the documented consent of each individual named below, verified against submitted client feedback forms.
Ken is very detailed, listening and understanding my plans and budget to plan out accordingly. He explains all my insurance plans patiently, answering every question and helping me see other future options. Client-oriented and not pushy at all.
Ken is incredibly transparent about policy terms. He focuses on identifying my actual protection gaps rather than just trying to hit a sales quota. He respects your time and your wallet, focusing on the right protection rather than the most expensive plan.
Ken is a professional financial consultant. He is very friendly and understands your requirements. He will offer his time and knowledge to manage your finances. I highly recommend him.
I've known Ken for 9 years. He's accommodating, knowledgeable, honest, passionate, empathetic and awesome by just being himself. He cares about his clients and I can feel that.
Ken is very helpful and patient in explaining the policies in detail. He helped and recommended the most suitable insurance plan, definitely no hard selling. He also responds quickly to all my queries. I will definitely recommend him to my friends and family.
Ken is very warm and makes you feel comfortable whenever we meet. You will also feel assured when talking to him with the knowledge that he has.
No pressure, no jargon — just a friendly chat to understand where you are and where you'd like to go. Reach out whichever way suits you best.
