Moving to Singapore: A Guide for Expats and Digital Nomads

Singapore, a thriving global hub located in Southeast Asia, has become a highly attractive destination for skilled professionals and digital nomads worldwide. Known for its strategic location, world-class infrastructure, and business-friendly environment, Singapore offers an ideal base for those looking to experience a dynamic blend of culture, innovation, and quality of life.

Over the past decade, Singapore's expatriate population has steadily grown, supported by its status as a major financial center, tech hub, and gateway to the Asia-Pacific region. The city's modern amenities, diverse culture, and strong legal framework make it a desirable place to live and work.

Step 1: Before moving to Singapore: Prepare your documents

Before you set off on your journey to Singapore, it's essential to ensure you are eligible to live and work in the city-state by securing the appropriate visa.

Visa requirements for expats and digital nomads in Singapore

ASEAN countries
Citizens of ASEAN (Association of Southeast Asian Nations) member states, such as Malaysia, Indonesia, and Thailand, enjoy more straightforward entry requirements but still need a work pass or visa to reside and work in Singapore legally.

Visa requirements for non-ASEAN citizens
For non-ASEAN citizens, securing the appropriate work pass or visa is mandatory if you plan to stay in Singapore for an extended period. Singapore offers several types of passes, catering to different professional and personal circumstances.

Application process

The application process typically involves your employer submitting the relevant documents to the Ministry of Manpower (MOM). Required documents include a valid passport, employment contract, academic qualifications, and a completed application form.

Duration and renewal

Employment and S Passes are usually valid for one to two years and must be renewed before expiration. Renewal involves submitting updated employment details and ensuring continued compliance with salary and qualification requirements.

Permanent residency

While living in Singapore on a work pass, you may be eligible to apply for Permanent Residency (PR) after a certain period. PR status offers long-term residency, employment flexibility, and access to public services like education and healthcare.

Securing the appropriate visa or pass is an essential step for expats and digital nomads looking to establish themselves in Singapore, providing the benefits of legal residency, work authorization, and access to various services.

Visa types in Singapore

The Singaporean government offers a range of visas and passes designed to accommodate different categories of foreigners:

Visa sponsorship

For most non-ASEAN nationals, obtaining a work visa or pass in Singapore requires sponsorship from an employer. The sponsoring employer initiates the visa process, providing the necessary documentation to the Singaporean authorities on your behalf.

Moving to Singapore: Essential document checklist

To prevent delays or complications, gather all necessary documents early in the Singaporean visa application process. Depending on the type of pass or visa you are applying for, you may need the following:

Importance of authenticating and translating documents in Singapore

While English is the primary working language in Singapore, some documents, particularly those required for legal purposes, may need to be translated into English and authenticated. Certain documents may also require attestation by your home country’s Ministry of Foreign Affairs and the Singaporean embassy.

Step 2: Manage your finances in Singapore

Singapore is renowned for its robust economy and high standard of living. However, the cost of living in this city-state can be higher than what some expats may be accustomed to, especially in prime areas like the Central Business District (CBD) and popular expat neighborhoods. Here's how to effectively manage your finances in Singapore:

Cost of living in Singapore

Here’s what you can expect in terms of living costs in Singapore:

Renting: A one-bedroom apartment in central areas like Orchard or Marina Bay can cost between SGD 3,500-5,000 per month. In less central locations, such as the East Coast or Woodlands, prices may drop to around SGD 2,000-3,000 per month.

Buying property: Singapore's real estate market is highly competitive, with prices varying significantly by location and property type. Additional costs include legal fees, stamp duties, and agent commissions, which can total around 3-5% of the purchase price. Foreigners are generally restricted to purchasing private condominiums, with limited access to landed properties.

Food and drink: Dining out in Singapore ranges from affordable hawker centers, where meals can cost as little as SGD 4-10, to mid-range restaurants where a meal for two might cost around SGD 60-100. Grocery prices are moderate, though imported goods can be more expensive.

Transport: Singapore's public transportation system is efficient and relatively affordable. A monthly public transport pass typically costs around SGD 120, while car ownership is expensive due to high Certificate of Entitlement (COE) prices, road taxes, and maintenance costs.

Utilities: Monthly utility bills, including electricity, water, and gas, generally range between SGD 150-300, depending on the size of your accommodation and consumption. Internet and cable TV packages cost around SGD 50-100 monthly.

Taxation

Singapore's tax system is one of the most favorable for expats, with progressive income tax rates starting at 0% and going up to 22% for income above SGD 320,000. There is no capital gains tax, and most foreign-sourced income is not taxed if remitted to Singapore. However, it's essential to check if any double taxation agreements apply, depending on your home country, to avoid being taxed twice on the same income.

Banking and currency exchange

To open a bank account in Singapore, you'll typically need your passport, an Employment Pass or relevant visa, and proof of address. Major banks like DBS, OCBC, and UOB offer a wide range of services, including multi-currency accounts, which are helpful for expats.

Singapore's currency is the Singapore Dollar (SGD). Currency exchange services are widely available, but for the best rates, consider using local banks or ATMs that accept international cards, as they often offer more favorable exchange rates.

Managing your finances wisely in Singapore will ensure you can enjoy the benefits of the country's high standard of living while effectively navigating its cost structure.

Step 3: Arrange housing and accommodation in Singapore

Securing the right accommodation is a crucial step in your relocation to Singapore, as it affects not only your comfort but also your overall experience living in the city.

Renting vs. buying

Both renting and buying property are options available to residents in Singapore, though buying property involves significant investment and restrictions, especially for foreigners.

Renting: Renting is the most common option for expats in Singapore. The rental market offers a wide range of options, from high-end condos in the CBD to more affordable apartments in suburban areas. When renting, you'll typically need to provide proof of income, a copy of your Employment Pass, and a security deposit, usually equivalent to one to two months' rent. Lease agreements generally run for one or two years, and rents are often paid monthly.

Buying property: While more challenging due to restrictions on foreign ownership, buying property in Singapore is possible, especially in private condominiums. Foreigners can purchase apartments but are restricted when it comes to landed properties (houses). Additional costs include stamp duties (which are higher for foreigners), legal fees, and maintenance costs. Property ownership can also be an avenue to apply for Permanent Residency under certain conditions.

Finding suitable housing

Singapore offers a variety of housing options, from modern high-rise apartments in urban areas to spacious landed properties in suburban neighborhoods. Websites like PropertyGuru and 99.co are excellent resources for finding available properties.

For expats, key considerations include proximity to work, international schools, shopping centers, and public transportation. Popular expat areas include Orchard Road, Holland Village, and the East Coast, known for their amenities and international community feel.

Once you've selected a property, carefully review the lease agreement, which should include:

• Property description: A detailed overview of the property's features.
• Rental amount and payment details: Information on how and when rent is to be paid.
• Security deposit: Usually equivalent to one or two months' rent.
• Lease duration: Terms are typically fixed for one or two years.
• Maintenance responsibilities: Clarify who is responsible for repairs and maintenance.
• Policies on pets and subletting: Some properties have restrictions on pets or subletting.

Understanding these aspects will help you secure the best possible living arrangement in Singapore, making your transition smoother and ensuring a comfortable and enjoyable expat experience.

Step 4: Job Market and Working Arrangements in Singapore

Singapore's job market is dynamic, offering significant opportunities across various sectors such as finance, technology, healthcare, education, and logistics. The government's ongoing initiatives under the Smart Nation Singapore vision are also creating new opportunities in emerging industries like fintech, cybersecurity, and green technology.

The average monthly income in Singapore varies widely depending on the industry and level of expertise. Salaries are competitive, and many expats enjoy additional benefits such as housing allowances, education subsidies, and annual return flight tickets.

Job seekers can explore employment opportunities through platforms like LinkedIn, JobStreet, and Indeed.

Remote work: While Singapore has traditionally emphasized in-office work, remote work is gaining acceptance, especially after the global shift during the pandemic. However, it remains less common than in some Western countries.

Work culture: Singapore’s work culture values respect, hierarchy, and punctuality, with a strong focus on efficiency and productivity. English is the primary language used in business, although proficiency in Mandarin or Malay can be an advantage in certain sectors. Building good relationships with colleagues is also crucial for career success.

Step 5: Accessing healthcare and education in Singapore

Healthcare system

Singapore boasts a world-class healthcare system, with both public and private healthcare options available. Residents, including expatriates, are required to have health insurance, and Singapore's public healthcare system offers high-quality care at subsidized rates.

Public healthcare services are accessible through institutions like SingHealth and National Healthcare Group, providing comprehensive care. Private healthcare is also widely available, offering quicker access to specialists and more luxurious facilities, albeit at higher costs. Many expats opt for private health insurance to ensure broader coverage, including international healthcare.

Education options

Singapore offers a wide range of educational options, catering to both local and expatriate families. Public schools provide high-quality education, but most expats enroll their children in private or international schools, where English is the primary language of instruction. These schools offer various curricula, including British, American, and International Baccalaureate (IB).

Singapore is also home to several prestigious higher education institutions, including the National University of Singapore (NUS) and Nanyang Technological University (NTU), which are consistently ranked among the top universities globally.

The educational standards are high, and the multicultural environment provides students with a globally-oriented education, making Singapore an attractive destination for families.

Step 6: Ensuring your safety in Singapore

Safety overview

Singapore is one of the safest countries in the world, with extremely low crime rates and a strong emphasis on law and order. The country is known for its political stability and high standard of living, making it a safe environment for expatriates. While the risk of petty crime is minimal, it's still advisable to take standard precautions, particularly in crowded areas or during large events.

Singapore’s infrastructure is modern and well-equipped to handle emergencies, and the country has a robust system in place for natural disaster preparedness, although such events are rare.

Emergency contacts and protocols

In case of an emergency, dial 999 for police services or 995 for an ambulance or fire department. These numbers are free to call, and operators typically speak English. It's also helpful to familiarize yourself with your neighborhood’s layout and the locations of nearby hospitals or clinics for quicker response times.

Step 7: Embracing Singaporean culture

Singaporean customs: Greetings in Singapore are generally formal and polite. A handshake is common, and it's customary to address people with titles like "Mr." or "Ms." followed by their last name unless invited to use first names. In multicultural settings, showing respect for different traditions is essential.

Dress codes: Singapore has a relaxed yet modest dress code. Business attire tends to be formal, especially in corporate settings, while day-to-day wear is casual but neat. Given the hot and humid climate, lightweight clothing is preferred, but it’s advisable to carry a light jacket for air-conditioned spaces.

Social norms: Punctuality is highly valued, especially in business. Singaporeans appreciate direct yet polite communication. Respecting personal space and maintaining a calm demeanor in public are important aspects of Singaporean social etiquette. Public displays of affection are generally moderate, and excessive noise or behavior that could be seen as disruptive is discouraged.

Leisure culture: Singapore offers a vibrant leisure culture, particularly in areas like Marina Bay and Clarke Quay, where you’ll find a mix of modern entertainment venues and traditional cultural sites. The city-state is also known for its hawker centers and food courts, where locals and expatriates alike enjoy diverse and affordable culinary experiences. Additionally, parks and green spaces like Gardens by the Bay and East Coast Park are popular spots for relaxation and socializing.

Start a new life in Singapore

From its iconic skyline to its rich cultural heritage, Singapore offers expats a unique blend of modernity and tradition, along with a wealth of benefits, including a robust economy, world-class healthcare, diverse educational opportunities, and a safe, welcoming environment.

If you’re considering a move to Singapore, thorough research and careful planning are key to a successful relocation. For additional support, Deel can assist organizations and their employees with the visa application process and help them navigate the complexities of finding suitable insurance plans.

Discover how Deel can help you secure a work visa, or explore the Deel blog for more insights on relocating to Singapore and other global destinations.