By AB, 2 years and 1 month ago
The House That Jack Built...
I really enjoyed reading Jack's post on Brunei businesses going bust. Absolutely agree that its not all gloom and doom and its just a matter of time before the economy starts pumping again with all those projects slated for the 9th RKN.
My only concern is this, what do we do before then? Aside from jostling for position with arms (and mouths) wide-open, ready for the giant JPKE to award those «mega-projects»?
Anyway, thats boring stuff. I was more excited by the suggestion that Brunei become a retirement village for the rich (and famous?). I like that idea, and I think it can work! Not only as retirement village but also as a residential base for executives from multi-national companies, it would be ideal. With all ASEAN capitals within a short flying distance, these executives could telecommute daily and fly to and from meetings as and when.
In return, they would get a safe, tax-free, and clean environment to bring up their families.
Sweet...
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2 comments
#1. Jewelle, 2 years and 1 month ago
I am hesitant to comment on this as this retirement plan involves drastic re-evaluation of our current immigration policy and you know my stand on this. BUT I have to say that this is a brilliant AND feasible idea and who knows, we are a Monaco in the making.
#2. Anonymous, 2 years and 1 month ago
We just need to keep money circulating in the country.
Just one question, if it's so hard for permanent residents (some of whom have spent generations here) to get citizenship, how will our immigration policy deal with foreigners residing here?
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