A Relocation Guide for Immigrants in Singapore

Companies all over the world, especially from the West, are looking towards Singapore as a jumping board to the Asian markets. As a result, we see more and more subsidiaries and holding companies being incorporated in the city-state.

With none other than World Bank saying that Singapore is the best place to do business in the world (according to Ease of Doing Business rankings) and the World Economic Forum’s Global Competitiveness Report (GCR) 2014–15 recently ranking the country as the second most competitive economy in the world with the best Intellectual Property protection, infrastructure and incentives in Asia, the average company incorporation growth rate here has touched eight percent in the last three years.

But once in Singapore, companies need to explore alternative options to fulfil its manpower needs because while the city-state does offer tremendous benefits for businesses (e.g. low headline corporate tax rate of 17% being a major attraction, among others), its small geographical size and tight labor market may prove to be a challenge.

This reality has opened the doors to foreign professionals with suitable qualifications to relocate to the city-state with their families and experience the best place in Asia to live, work and play.

Below, we present a relocation guide for immigrants in Singapore, discussing what all foreign professionals and the Singapore-registered companies hiring them need to know before, during and after the relocation process.

Read the full article here: https://www.rikvin.com/learn/visas/a-relocation-guide-for-immigrants-in-singapore/