Singapore: A Great Choice For Expats
Singapore has established itself as one of the most popular expat destinations. It is a place that particularly appeals to the career-driven, as better employment opportunities are one of the main reasons why people choose to set up a new life in Singapore. However, as you will soon discover, the advantages of living in this location extend a lot further than this. Keeping that in mind, in this post we’re going to take a look at the different reasons why Singapore is considered such a great place to relocate.
There is of course only one place to begin and this is with the employment opportunities in Singapore. Often people will move to this city-state because they have a job ready and waiting for them. In fact, approximately 80 per cent of all expats in Singapore are in full-time employment, which illustrates that this is clearly a destination that appeals more to working expats as opposed to those looking to spend their retirement in a new location.
The reason why job opportunities are in their plentiful in Singapore is that the economy is thriving at present. An increasing number of multinationals are electing to set up their regional headquarters in Singapore, with some even basing their global headquarters in the city. Why does it appeal to these businesses? Well, there are many reasons, such as Singapore’s exceptional infrastructure and strategic geographical location. Aside from this, there’s good physical and trade connectivity, access to skilled global talent and stringent intellectual property protection. Thus, it’s not hard to see why Singapore appeals, and because of this, it’s going to continue to be a great place for expats in terms of job opportunities.
Nevertheless, you do need to be mindful of the fact that this is a place where it is very much all work, work, and more work. So maintaining a good work/life balance can be difficult. This is something you should try to keep on top of. Aside from this, when it comes to work opportunities, you’ll struggle to find a better location.
Whilst it’s highly unlikely that you’re going to relocate just to take advantage of a better transport system, there’s no denying that it certainly helps once you get there. Singapore’s transport offerings are highly impressive. This not only includes everyday travel but also vacation opportunities as well. After all, you’re not far away from the likes of Damansara Perdana and other locations in Malaysia and Thailand. Not only are these top holiday locations, but they are really cheap to get to from Singapore. In fact, a lot of people move to Malaysia because it is cheaper than Singapore.
Nevertheless, let’s get back to the sort of travel you will be using every day. In Singapore, the public transportation is really cheap and reliable. Most people either use the MRT (Mass Rapid Transit), i.e. trains, or they get about by bus. The cabs are also really cheap and it’s expected that more train lines will be built over the next decade, allowing you to explore more areas of the city. However, one point worth noting is the fact that owning a car can be very expensive in Singapore. You’ll face insurance fees, taxes, heavy customs duties and you’ll have to fork out the cash for a Certificate of Entitlement as well. If you’re planning on purchasing a vehicle the importance of budgeting effectively cannot be stressed enough.
Singapore is a place with a wide assortment of health care options for you to choose from. The health care is of a high quality as well. Nevertheless, it is advised to acquire international health insurance. If you don’t have any kind of worldwide medical insurance in place then a trip to the doctor can end up becoming a very expensive one. Moreover, with global health insurance, you are going to have access to Singapore’s diverse scope of facilities, hospitals, and doctors. This is especially important when you consider the fact that there are more private hospitals than public ones in Singapore. Therefore, whilst Singapore’s healthcare system may be a good one, if you are to truly make the most of it you need some form of international medical insurance.
With Singapore being very work orientated, you may be concerned that it’s difficult to find the time to have a good social life. As mentioned, you did need to manage your work/life balance. However, the good news is that meeting friends is easy. One of the main reasons why a lot of expats give up on their dream is because they feel lonely and have found it tough to settle. It’s highly unlikely that this will be the case in Singapore. Why? Well there are going to be a lot of people in the same boat as you. You’re likely to meet people through work and there are many networking events going on in the city every week, so there are plenty of opportunities to get to know new people.
There are other ways to meet people aside from at work. Sport is very popular in Singapore and so if you enjoy the likes of rugby or tennis you may wish to join a sports club. The nightlife is varied as well. There are plenty of places to go to relax and have a few drinks or indeed dance the night away. Nevertheless, one would certainly assume that those moving to Singapore for career purposes would find it easy to make friends given that this is why most expats are in Singapore.
One of the great things about Singapore is the fact that the crime rate is exceptionally low. It’s considered a very safe place to live. Depending on where you live at the moment, something like walking down the street alone at night may be of a worry to you. In Singapore you will feel much more comfortable. There is also a zero tolerance policy when it comes to drugs. Again, going back to the recurring theme of employment, one of the main reasons why Singapore is actually a safe place to live is because it has one of the world’s lowest unemployment rates, at two per cent. The judicial system is also strict, which certainly helps.
There are of course people that simply want to move abroad for better weather and a better way of living. Singapore doesn’t disappoint on that front either. You certainly won’t need your thick jumpers and thermals. The temperature ranges from 73 to 87 degrees throughout the year. So, if you want to spend your days topping up your tan, Singapore is certainly a good place for it.
All in all, it is not difficult to see why Singapore is considered one of the best places in the world in terms of expat quality of life. Nevertheless, it is important to make sure it holds the right type of lifestyle for you. As you now know, Singapore is exceptionally career-orientated. Therefore, if you are moving for different reasons, i.e. to retire abroad, you should really consider your decision exceptionally carefully, as what’s good for one person is not always good for the next.