Singapore's well-developed infrastructure and modern amenities offer expats an exceptional lifestyle. However, this comes at a price, as it is one of the most expensive cities in the world. Despite the relatively high cost of living, many expats say they have more disposable income than at home. Because space on the island is scarce, renting in Singapore can be exorbitant.
Expect to pay more for a location closer to the city center, Orchard Road, Holland Village, and other attractive neighborhoods. Expats willing to move further away from the central parts of the city could get a good price. For those looking to live abroad, Singapore is a country that is certainly worth considering. Between the beautiful weather all year round and Singapore's openness to foreigners, the country is the perfect place for any expat looking to start a new adventure.
Here are our top 6 reasons for expats to move to Singapore right away. One Dutch expat said Singapore is “central to Asia, a good base from which exploring Asia is one of the best things about living here, and nearly three out of four expats in Singapore agree that the country has very good travel opportunities. As someone who has frequently played with the idea of living abroad for years, I have given a lot of thought to what makes a city or country a good place to expatriate. Usually, expats already have a job when they arrive in Singapore, but there is a possibility that your situation will change, or you may be traveling with a partner who would like to find employment.
The results show that expatriates are not as satisfied with the cost of education available to children (35th), the cost of childcare (31st) and the increase in children who are more extroverted (19th). Alcohol is also taxed at a high rate, implying that those expats who like to visit bars and clubs will find that maintaining a social life here is expensive. Expat life in Singapore comes at a cost, so doing calculations can be an important step when traveling with the family. However, for Singaporean expats the competition is fierce and because Singaporeans themselves are well-educated, it can be very difficult to find a job that provides sponsorship.
Overall, the food and groceries are quite reasonable, and expats who are prepared to dine at local street vendor stalls and in the mall's food courts will find that they can dine out very cheaply. Expats looking for similar living conditions to those they enjoy in their home country will find that property prices are very high here, whether they rent or buy. In fact, 75% of expats in Singapore said the country has a very good transport infrastructure. Aetna International provides high-quality international healthcare (from health and wellness benefits to international private health insurance) for expats like you, giving you access to healthcare when you need it, wherever you are.
Sentosa is best known for luxury expat housing, while Woodlands is especially popular with American expats. Singapore is widely regarded as the easiest city to fit into Asia for expats and provides foreigners with an opportunity to get acquainted with different cultures in a relatively safe and modern environment. Whether expats want to rent an HDB (government owned) flat or a privately owned condominium, they'll have a ton of options, as high-rise developments are still popping up all over Singapore. In Singapore, expats can get a fixed-rate or variable-rate mortgage for up to 60 to 80% of the value of the property.
So, for those expats who are still hesitant and weighing the positives and negatives of moving to Lion City, here is a useful list of some of the pros and cons of moving to Singapore. .