Singapore has not only many international organizations headquartered here, but a high number of foreigners working here. If you are currently looking for better employment opportunities with a good salary and excellent working conditions, you might want to consider working in Singapore. Here, we provide not just great career advancement but a overall high quality of life and education. Singapore is considered a world class city state and often referred to as a Business Capital of Asia due to the offers of modern facilities and excellent infrastructure of businesses.
Not convinced yet? Here are more reasons to consider working in Singapore.
Singapore’s economy has been growing rapidly and even ranks second as the most globalized economy in the world and this reason alone has driven global professionals all the way here. This has been contributed by the level of productivity of a country that is why we have higher wages and lower unemployment rates.
Singapore has one of the lowest personal income tax rates in the world, in addition, all of your earnings gained overseas and brought to the country will not be subjected to any taxes. Taxation in Singapore can be favourable to both businesses and employees as individual income tax is paid at a progressive rate while the city’s corporate tax rate is capped at 17%. Even calculating and paying taxes in Singapore is extremely easy.
Low crime rates and zero corruption
Everyone wants to stay in a country where they feel safe in and Singapore is currently ranked as the 5th least corrupted country in the world. Because of the long chain of reforms and law enforcement practices for a bribe free society, there are little to none corruption in this country. Besides this, we have strict laws with long term jail sentences and huge fines up to $100,000. Even minor offenses are treated with extreme severity. When living and working in Singapore, you don’t have to worry about your belongings getting stolen nor your life threatened.
Even for adults, there will always be new things to learn and improve on. Be it for your children or yourself, Singapore’s education system will have it covered. One of Singapore’s university ranks as number one in Asia and all students, including foreigners, can apply for governmental grants and tuition aid, cutting down the costs by 50% as currently 20% of government spending go into education. Therefore, it is cost efficient to study relevant fields or gain an additional skill to get yourself a promotion or a better paying job here.
Overall, Singapore has proven to be a great country to advance your career and grow your wealth. Not only that, it is also a country you can consider starting your family in. With our diverse culture, cuisine and religion, many foreigners feel right at home with a strong sense of belonging to this country. Come to Singapore and enjoy all the benefits we have here and consider if you would like to apply Singapore PR today.