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Why moving to Singapore ?
Young graduates as well as entrepreneurs or people with a career are more and more willing to go abroad. However choosing a new home sweet home is no easy task and requires a lot of time to think and get all the information you may need. If you are interested in Asia, here are the reasons why you should go to Singapore.
Singapore: a business heaven
According to World Bank’s report Doing Business 2015, Singapore is the #1 city in the world for doing business easily. Many big international companies as well as start-ups have offices there. Furthermore, if you consider entrepreneurship you should know that Singapore is ranked 10th based on the criteria “Starting a business”, way before France (32nd) or the United States (49th) for example.
In Singapore unemployment rate is low, corruption non-existent (relative to other Asian countries) and tax rate attractive for individuals and firms.
A much-appreciated quality of life
Expatriates in Singapore are happy about local climate and the fact that the city is very clean. Strict laws ($500 fine for eating or drinking in public transports) are the price to pay for perfectly clean and well-maintained buildings, transports and gardens.
Concerning the cost of life, Singapore is one of the most expensive countries in the world but offers a high standard of living. Housing, especially, costs a lot but usually includes a swimming pool, a gym, a barbecue pit or a sauna (if you live in a condominium). All types of food are available here (Thai, Malaysian, Chinese or western food) and are quite cheap when you choose local menus.
And least but not last, you have in Singapore one of the best healthcare system in the world with high-end medical facilities and well-trained doctors. However healthcare in Singapore is very expensive and it is essential for expatriates to subscribe to a private health insurance.
A safe country
In Singapore, safety is not an issue. The country has one of the lowest crime rates in the world (6,7% in 2015, mainly for cybercrimes). It is unlikely that someone steals you phone in the public transports or that a woman is afraid to go back home alone at night. And yet you will not see a lot of policemen simply because they dress and act as civilians when working. Singapore’s police also encourage citizens to report a crime if they witness one thanks to an official number. Laws are very strict and come with severe punishment. Note that all individuals in Singapore are subjected to the Singaporean law: citizens as well as tourists and expatriates.
A gate to exoticism
Singapore’s geographic position is another asset, between Malaysia and Indonesia, near Thailand, Philippines or Cambodia. Whereas you are fond of hiking on volcanos or relaxing on dream beaches, you can travel a lot even when on a budget.
If you would like to know more about life in Singapore :
Read our article « Moving to Singapore »