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Overview of Singapore
As a top relocation destination, Singapore offers a high standard of living, ranking among the safest and most efficient cities in the world. Renowned for its robust economy, Singapore is a global hub for finance, technology, and trade, attracting professionals from across the globe. , particularly in major cities like Sydney, Melbourne, and Brisbane.
Capital City
Singapore City
Currency
Singapore Dollar
Languages
malay, +2more
Population size
Appr. 5.92 million
Time zone
UTC+8
Economic overview
Singapore boasts a highly developed and stable economy, recognized as one of the most competitive in the world. Known for its robust infrastructure, business-friendly policies, and a strategic location in Asia, the country serves as a global hub for finance, trade, and technology. The government’s focus on innovation has propelled growth in sectors like fintech, biotechnology, and renewable energy, making Singapore a prime destination for skilled professionals.
Skills in demand
Cybersecurity Analysts
Renewable Energy Engineers
Full-Stack Developers
Financial Accountants
Occupational Therapists
Business Analysts
Earning potential
IT & Tech : SGD 70,000 – SGD 120,000
Finance : SGD 80,000 – SGD 150,000
Healthcare : SGD 60,000 – SGD 100,000
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SINGAPORE
Living and Working Exp
1. Living and Working Exp
SafetySingapore ranks as one of the safest cities globally, frequently taking the top spot in Asia for low crime rates and overall public safety. It's a very secure city with minimal street crime.
• Rank: 1st in Asia, Top 10 globally (source: Global Peace Index, Safe Cities Index).
• Rank: 1st in Asia, Top 10 globally (source: Global Peace Index, Safe Cities Index).
HealthcareSingapore’s healthcare system is renowned worldwide for its efficiency, affordability, and innovation. It consistently ranks high in global healthcare surveys due to its high standards and excellent medical facilities.
• Rank: Top 6 globally (source: World Health Organization, Healthcare Access and Quality Index).
• Rank: Top 6 globally (source: World Health Organization, Healthcare Access and Quality Index).
EducationSingapore's education system is among the best globally, often ranked first in international assessments like PISA (Programme for International Student Assessment). The system emphasizes meritocracy and high academic standards.
• Rank: 1st in the world for education (source: PISA rankings, Education Index).
• Rank: 1st in the world for education (source: PISA rankings, Education Index).
EnvironmentKnown as the "Garden City," Singapore has won accolades for its urban planning and commitment to sustainability. Green spaces, clean air, and water are key features of Singapore's environment.
• Rank: Top 10 globally for environmental sustainability (source: Global Green Economy Index).
• Rank: Top 10 globally for environmental sustainability (source: Global Green Economy Index).
2. Cost of Living
- SGD 55,000 per year before taxes.
- There is no mandatory minimum wage, but average wages range around SGD 1,500 to SGD 2,500 per month in various sectors.
- Average monthly expenses for a single person are around SGD 2,000 - SGD 2,500, depending on lifestyle.
3. Work Culture
- Singapore has a highly efficient, fast-paced work culture.
- Employees typically work around 44 to 48 hours per week. • Work-life balance is emphasized, but hours can be demanding depending on the industry.
4. Visa & Immigration
- For employment, you’ll need a Employment Pass (EP) or S Pass, based on your qualifications.
- Permanent Residency is possible after living and working in Singapore for a few years.
5. Taxes
- Income tax in Singapore is progressive, ranging from 0% to 22% depending on your income level.
- Corporate tax rate is a flat 17%
- Goods and Services Tax (GST): 8%
Popular cities
Central Business District (CBD)
Key Industries: Finance & Banking
Avg. Salary: S$8,000+
Jurong
Key Industries: Logistics & Distribution
Avg. Salary: S$5,500 – S$7,000
Tampines
Key Industries: Retail & E-commerce
Avg. Salary: S$5,000 – S$6,500
Explore all available jobs
FAQ
How can I find job opportunities in Singapore?
You can find job opportunities in Singapore by browsing through online job portals like ours, networking with industry professionals on LinkedIn, and checking company career pages. Additionally, recruitment agencies can help you connect with job openings suited to your skills and experience.
What types of jobs are in high demand in Singapore?
Some of the high-demand sectors in Singapore include technology (software developers, data scientists), healthcare (nurses, medical professionals), finance (banking, accounting, and investment roles), engineering, marketing, and hospitality. Singapore’s growing tech industry also offers many opportunities for professionals in artificial intelligence, cybersecurity, and digital marketing.
Do I need a work visa to work in Singapore?
Yes, if you're not a Singaporean citizen or permanent resident, you will need a work visa to be employed in Singapore. The type of visa depends on your qualifications, job role, and the company hiring you. Common work visas include the Employment Pass (EP) for professionals, S Pass for mid-skilled workers, and the Work Permit for lower-skilled workers. Visit the Ministry of Manpower (MOM) website for more information on eligibility and requirements.
How do I apply for a work visa in Singapore?
To apply for a work visa in Singapore, your employer must submit the application to the Ministry of Manpower (MOM) on your behalf. The application process includes providing documents such as your educational qualifications, employment contract, and passport. If approved, your employer will receive the necessary approval for your work pass, which you can then use to work legally in Singapore.
Can I apply for jobs in Singapore if I am currently outside the country?
Yes, you can apply for jobs in Singapore from outside the country. Many companies in Singapore actively recruit international candidates for various roles. If you receive a job offer, your employer will assist you with obtaining a work visa. However, securing a job from overseas may require a few additional steps, such as online interviews and document verification.