It’s actually relatively easy to make the transition from living in Europe to living in Singapore. The country is home to many ex-pats, and it’s not surprising, considering the high standards of living, cosmopolitan feel, and excellence in business.
If you’re looking at a job or contract in Singapore, you’ll need to know a few basics, so we’ve put together the following guide.
Visa Requirements
Fortunately, the visa process for Singapore is relatively straightforward. The Employment Pass visa, or EP is issued for 1-2 years at a time, and is the most relevant visa for anyone taking on a contract in Singapore with Cititec. You apply by post, using forms available online, at www.mom.gov.sg, and the whole process takes from 2-6 weeks. Employment pass holders can also obtain visas for family members.
In terms of requirements, you’ll need a degree from a reputable university, experience that is relevant to your new employment, as well as a proposed salary of SGD 2,500 per month.
Finance
To set up a bank account in Singapore, you’ll need ID, your employment pass, proof of your Singapore address, and your passport. You may also need a reference from your bank in your previous country. If you’re still looking for long-term accommodation when you arrive, you can use your company address. If you bank with a large international organisation, such as HSBC, at home, then you may be able to set up Singapore bank account before you leave.
Income tax rates in Singapore are some of the lowest in the world. Starting at 0%, rates are capped at 20%.
For further information about tax rates visit http://www.iras.gov.sg
Transport
One of the features that makes Singapore a great place to live is its transport system. The MRT, or urban train system along with the bus network are efficient cheap, and safe, and taxis are hassle-free and affordable.
Healthcare and Education
Singapore’s medicine and healthcare are among the best in Asia, and the country is well-served by pharmacies, public and private hospitals, and clinics.
The country has several international schools were lessons are conducted in English, as well as a pre-school childcare system for children aged 6 months and over. There is the option for expats to apply for children to be taught in government-aided schools, where the fees are considerably lower than in private schools. You can apply at www.moe.gov.sg.
Choosing a home
For the expat, a good place to start is with websites such as www.propertyguru.com.sg, www.iproperty.com.sg, and www.singaporeexpats.com. For cheap housing, Singapore’s Housing Development Board accommodation is affordable, with good transport and amenities. Private rented accommodation ranges from basic apartments, where the buildings do feature gyms, swimming pools and tennis courts, to large bungalow with gardens, available for SGD 30,000 plus per month.
