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For years, Singapore has been a major destination for expats. In fact, according to the HSBC Expat Explorer Survey for 2016, Singapore has been at the top of the list. There are many and varied reasons for this. Among these are far-reaching career opportunities, especially in the financial sector, which is a big reason why so many families uproot and move to this most cosmopolitan of the world’s cities.
It doesn’t take long for most people to understand why Singapore is such an ideal location to live and work and for so many reasons. There’s the multicultural population, the tropical climate, and the surprising amount of green space, even among the towering skyscrapers. Even when someone decides to buy a home in the area, its easy to find a home loan in Singapore.
Getting There from Here
Singapore is also an ideal location to travel from to get to wherever you might happen to want to visit. This is particularly true for the traveller who wants to visit other tourist spots such as Australia, the Philippines, and Southeast Asia. For all of the opportunities to travel from Singapore, it remains a vibrant destination itself, blossoming into the place to go when opportunities arise. It has a reputation as one of the most visited gateways to Asia, one that hosts a landscape that is unsurpassed, mouthwatering cuisines, and legendary shopping spots. Indeed, only in Singapore can you find exotic temples nestled among towering skyscraper, where a growing number of expats have chosen to set down their roots for the vibrant world that is the east.
Despite the fact that 87 percent of all respondents to a recent poll agreed that it is more expensive to raise kids in Singapore, more than 70 percent also agreed that their kids received a better education there. Further, 71 percent believed that moving to Singapore provided their kids with a better standard of living than in their home country.
When moving a family anywhere there are pros and cons, but the list that follows is unique to Singapore.
1. Singapore has a reputation for being particularly family-friendly. This means, in particular, that there are always things to do, from shopping opportunities to those for seeing museums and concert halls.
2. The quality of educational opportunities at all levels is considered very high. Surveys show that school quality, as well as quantity, are high. Schools also rate high in their ability to integrate children quickly and begin making friends. Whether a family’s plan is to stay in Singapore for the short term or longer, the school systems are considered excellent.
3. The quality of healthcare is very high, although most expats make use of private healthcare providers for most of their medical needs. Permanent residents are given public healthcare, but for anyone in Singapore on a work pass, subsidized care is not provided.
1. The cost of living in Singapore is generally very high. Nearly everything in Singapore, from groceries to bills, is priced considerably higher than anywhere else. Surveys have shown that the cost of living in Singapore is rated consistently higher than virtually anywhere else in the world.
2. Another primary concern for most people moving to Singapore is the weather. Although tropical weather is nice for the holidays, the remainder of the year is hot and humid. Sunburn and dehydration are primary concerns for anyone who lives here.
3. Cultural differences, although not insurmountable, can often be difficult to get used to. Most expats, however, consider getting used to these a lot of fun and just one more part of living in this beautiful part of the world.
Anyone who is considering a move to Singapore should consider first speaking with someone who lives here or has lived here. There’s a good chance that if you do, however, they will become enchanted with this part of the world, just as so many others have before them.
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