Whether you have accepted a job offer that is stationed in Singapore or are simply considering starting a new life somewhere else and want this amazing city state to be your new home, there are lots of different things to consider before you start the relocation process. Singapore is a great destination with amazing weather, lots of fantastic things to do, unforgettable food and drink, and definitely plenty of great work and business opportunities for those who want to live there. Before you make your move to Singapore, however, there are lots of different factors to consider to make sure that you are ready for it, and that it is the right choice for you. Some of the main things to think about before you move include:
Property and Accommodations
If you are planning a move to Singapore, then finding somewhere to live is likely to be at the top of your priority list. If you are looking to purchase property in Singapore, you will be glad to hear that there are lots of options available for foreigners to do this, and foreigners are welcome to buy property here as long as some rules are followed.
Since it is harder for foreigners to get a landed property here, your best bet is likely to be a condo. There are several loans to consider, with different eligibility criteria such as the HDB HLE, which you may be able to get if you are buying with a Singapore Citizen. You can find out more about HDB HLE loans and other home loans available for buying property in Singapore at the PropertyGuru site.
Finding a Job
If you are looking to live in Singapore long-term or are considering moving to this country permanently, then you will probably need to think about finding work in the country. Since locals are prioritized when it comes to jobs, the best option for people who are moving to Singapore from overseas is to secure work before you arrive in the country. For most foreigners, the best way to find a secure, permanent position in Singapore is to go through an international company that provides the option to relocate there. You will need to have an offer of employment in place before you will be able to apply for an employment pass through the Ministry of Manpower.
How you are going to get around is another factor to give some thought to before you begin planning your move to Singapore. For the most part, people living in Singapore don’t have much need for a car. Not only are cars seriously expensive here compared to the rest of the world, but the public transportation system is so good, that the idea of getting a car is unlikely to cross your mind. Not only is the public transport affordable, but it’s also one of the most reliable systems in the world – delays of just twenty minutes are so unheard of, that if they do happen, they make headline news.
Cost of Living
You will need to plan ahead for the cost of living before you start making your move to Singapore. When compared to surrounding countries in the area, Singapore is one of the most expensive. However, despite having been named as the most expensive city in the world more than once, Singapore is not as expensive as you might think, and with the right strategies, you can live quite cheaply here. The key to making your money go further is to avoid high-end experiences and imported luxury foods which most people are able to live without. Along with this, bear in mind that despite the higher cost of living, the tax rates here are much lower compared to other parts of the world, so when you are working you do get to take more of your income home.
Climate and Weather
Last but not least, the weather and climate in Singapore might take some getting used to if you are from a part of the world where it’s cooler. Since Singapore is located just one degree north of the equator, those who move here can expect a very tropical, warm climate with temperatures that are quite high all year round. The humidity is also very high, which can make the weather feel even warmer. It is important to plan for this, but you will be glad to hear that Singapore is well-equipped to deal with its climate, and you’ll find air conditioning in all buildings and public transport.
Singapore is a great option if you are looking to relocate to a country with great weather, lots of opportunities for work and business, a low crime rate, and excellent property investment options. If you’re planning a move, these are some of the main factors to keep in mind.