10 Fantastic Reasons to Move to Singapore

Every country has pros and cons as to whether it’s worth living there or not. However, Singapore has far more advantages than disadvantages. For this reason, it has been rated as one of the best places to move to. If you’re considering moving abroad to Singapore, you’ll need to understand that it has a vastly different culture from the way most people know and it can be quite a shock when someone is exposed to their way of life. With that said, here are the top 10 reasons why Singapore should be your next home.

Low Taxes

People living in Singapore for a short period will pay no tax at all. Their income tax is only 15% compared to some American countries of 40%. For business owners, this is desirable because they can save more of their income. Some famous millionaires have even moved to Singapore to take advantage of this, and 17% of its population are millionaires.

Warm Climate All Year

No more having to take your winter clothes out every six months. Singapore’s weather remains hot and sunny throughout the year, with some serious heatwaves. The only real winter is felt inside the office or home because there is an AC unit blowing in almost every room of the house.

Experience Various Cultures

There is a host of all types of cultures in Singapore. It’s a rainbow nation in its own right, and the residents seem to live in perfect harmony with different races. Religion is also widely accepted, and everyone has the right to practice any faith. It’s common to see a Muslim Mosque on the same street as a Catholic church.

Better Amenities

While the cost of living in Singapore is substantially more than in some US cities, each property comes with a bunch of amenities that are just too good to pass up. Many areas will have access to a tennis court, private gyms, and jacuzzies in almost every home.

There are much cheaper places to live that will have similar benefits, but these are further away from the city. If you need an affordable home loan, contact Property Guru for a competitive interest rate. You can compare the different options for a Hong Leong Finance Home Loan via their site. Property Guru are experts in finding you a home in Singapore and use over 1400 qualified gurus. They are based all across South East Asia and have been in business since 2007.

More Employment Opportunity

Singapore prides itself on having the best talent from around the world working in its economy. Their population is also relatively small in comparison to other Asian countries with only 5 million people. Work permits are also regularly accepted so international professionals can find work easily. The average salary for an ex-pat can reach $50,000.

Low Crime Rates

Singapore has a very strict police force in place and they take drug offences very seriously, with the death penalty still in effect. They even have laws protecting spouses from abusive marriages which can result in jail time. It has been reported to have the second-lowest crime rate globally, and the most common crimes are identity theft and internet-based scams.

World-Class Healthcare

The citizens of Singapore have a high life expectancy of 84 years, and this is thanks to their world-class healthcare system. The government is 100% responsible for all financial costs and healthcare is free to the public. They have achieved this through a universal health coverage system that takes care of all the country’s citizens.

Travel is Easy

Not only is the public transport system affordable, but all the popular Southeast Asian countries are also fairly close by. Most places are only an hour’s flight time away, making plane tickets cheaper than most countries.

A lot of Singapore’s population doesn’t need to own a car as taxi cabs are cheap and Uber has become very popular in Singapore.

Food Paradise

Celebrity chefs have moved to Singapore to expand their careers. Known as the food paradise of the world, Singapore is famous for its street food, which is very hygienic. The public streets are exceptionally clean.

Most people don’t need to own an oven or fridge because fast food and restaurants are very cheap to live off.

Top-Notch Education

Singapore’s government puts at least 20% of the country’s budget into their educational system. Education is not free, but it is very cost-effective. For the average year of university, students can expect a bill of $22,000. The government has introduced grants for both domestic and foreign students where they can apply to receive a 50% discount.

There may be some odd laws like no chewing gum being allowed, but there are far more reasons why this country can offer so much more. Singapore is definitely a beautiful place to visit as a tourist, but it can be the dream of many who want to live in a peaceful country where healthcare is free and education cheap.