Hello,
I'm from S'pore, and will be moving to Shunde soon. My salary will be paid in RMB. I read several articles online that the Chinese government imposes rather strict regulations on outgoing currency, and foreigners face the challenge of taking their salary out of the country. I've also heard that it takes hours of sitting in the bank, and involves significant paperwork.
I was hoping anyone could share their experience with me and any strategies they adopt. For fellow S'poreans - has anyone requested they be put on a S'pore payroll or a be paid in SGD? Would CPF and other income tax complications arise? Would it be wise to set up a BOC account in S'pore first?
thanks!
e.