Singapore

Singapore is a modern relaxed city full of greenery, great food and world famous shopping. It is centrally positioned in South East Asia offering plenty of very affordable exotic destinations for short or long holidays. It is a small country, yet is ethnically diverse. It offers great infrastructure and is the most popular expatriate destination in Asia for professionals with a family.

Over the last few years Singapore’s economy has been booming and opportunities are plenty. This is particularly true for IT professionals looking to work in the financial markets. Singapore has become a regional hub for many international investment banks that have located their regional and in some cases global IT support functions. As such there is a shortage of skilled IT professionals and so obtaining work as an expat has never been easier, with wages becoming comparable to other similarly developed economies.

Atticus has a number of clients in Singapore, and the team has relocated many IT professionals there.

Relocating to Singapore?

IT salaries in Singapore rank 3rd highest in Asia behind Tokyo and Hong Kong, and around 15th in the world. Salary figures have increased and continue to increase as the supply of skilled IT professionals fails to meet the demand.

Tax levels in Singapore

The following link takes you to Singapore’s income tax pages: www.iras.gov.sg/ESVPortal/iit/. The system is quite straight forward with average tax rates at 12 to 15%, one of the lowest globally for a developed economy.

Education & Health

International schools and English speaking private hospitals are available in Singapore. The level of academic education is very high in Singapore, and similarly the health and cleanliness of the city is well known.

Transportation & Communication

Singapore is a small country with a relatively high GDP. As a result Singapore’s general infrastructure rates as the best in Asia. Changi Airport has for the past few years been voted the best in the world, with Singapore Airline winning comparable global accolades.

Rent

The following website provides useful information about finding the right kind of area and property to rent in Singapore: www.singaporeexpats.com