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Get insights on jobs, culture, and life before you take the leap.
Singapore at a glance
Singapore has a strong job market, especially in finance, IT, healthcare, and engineering. The country attracts global talent due to its business-friendly policies and strategic location, Professional, fast-paced, and productivity-driven. Emphasis on efficiency, teamwork, and innovation, with a strong focus on continuous learning.Work Visas – Foreigners need valid work passes such as the Employment Pass (EP) for professionals or the S Pass for mid-skilled workers. Work visa approvals depend on salary, qualifications, and industry demand.
Capital City
Singapore
Currency
Singapore Dollar (SGD)
Languages
English (official)
Population size
5.64 million
Time zone
Singapore Standard Time (SGT, UTC+8)
Economic overview
Singapore has a highly developed, free-market economy known for its strong financial sector, advanced manufacturing, and strategic role as a global trade hub. Its business-friendly environment, robust infrastructure, and stable governance make it one of the world’s most competitive economies.
In 2024, Singapore’s economy grew by 4.4%, driven by strong performance in electronics, finance, and services. For 2025, GDP growth is forecasted between 1.0% and 3.0%, with core inflation expected to ease to 1.5%.
Despite external challenges such as global trade tensions and geopolitical uncertainties, Singapore’s government continues to implement policies that support businesses and households. With a focus on innovation, digital transformation, and fiscal stability, the country remains well-positioned for sustained growth and economic resilience
Skills in demand
AI & Data Science
Engineering
Cybersecurity
Healthcare
Finance & Investment
Earning potential
Admin & Support : S$3,168
Real Estate Services : S$4,777
Health and Social Services : S$4,817
Professional Services : S$6,435
IT & Communications : S$7,320
Finance & Insurance : S$8,190
Find your next role in Singapore
Senior .Net Developer (Flutter/Python)
Singapore
Contract
5 - 8 Yrs
Global-Talent-Exchange
Singapore, Singapore
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SINGAPORE
Living and Work Exp in Singapore
1. Living and Work Exp in Singapore
SafetySingapore is one of the world's safest countries, with low crime rates, strict laws, and strong law enforcement. Public areas, transport, and residential zones are safe day and night, thanks to CCTV surveillance and a responsive police force. Strict penalties deter crime, while clean streets, food safety, and quality healthcare ensure overall well-being.
HealthcareSingapore has a world-class healthcare system with high-quality services, advanced facilities, and skilled professionals. Public and private hospitals offer excellent care, with government subsidies for citizens. MediShield Life and Medisave help manage medical costs, while private insurance provides extra coverage. Strict regulations and cutting-edge technology ensure top-tier medical care.
EducationSingapore’s world-class education system focuses on academic excellence, STEM, and bilingualism. It offers public and private schools, with top universities like NUS and NTU attracting global talent.
EnvironmentSingapore is a clean, green, and sustainable city, with eco-friendly initiatives, urban greenery, and strict environmental policies balancing development and conservation.
2. Cost of Living
- Housing – Rent costs S$3,500–S$5,000/month in the city center.
- Transport – Affordable & efficient public transport.
- Healthcare – Subsidies reduce medical costs.
- Groceries – Moderate prices, expensive for imports.
3. Work Culture
- Fast-Paced – Focus on efficiency & innovation.
- Work-Life Balance – Long hours, but flexibility improving.
- Teamwork – Hierarchy & collaboration valued.
- Adaptability – Quick to embrace change and new challenges.
4. Visa & Immigration
- Work Passes – EP, S Pass, or Work Permit based on job type.
- PR – Apply through PTS Scheme or GIP.
- Visa – Processed by MOM with strict criteria.
- Family Visas – Options available for spouses and dependents.
5. Taxes
- Income Tax – 0% to 22%, no tax on foreign income.
- Corporate Tax – 17%, with business incentives.
- GST – 9% on goods and services (2024).
- Capital Gains Tax – Taxed at 50% of profits.
Top Cities to Consider
Central Business District (CBD)
Key Industries: Finance & Banking
Avg. Salary: S$8,000+
Jurong
Key Industries: Logistics & Distribution
Avg. Salary: S$5,500 – S$7,000
Tampines
Key Industries: Retail & E-commerce
Avg. Salary: S$5,000 – S$6,500
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FAQ
Is Singapore expensive to live in?
Yes, it has a high cost of living, especially for housing, but public transport and healthcare subsidies help.
What languages are spoken in Singapore?
English is the main language, with Mandarin, Malay, and Tamil as official languages.
Is Singapore safe?
Yes, it is one of the safest countries, with low crime rates and strict laws.