Businesses prize the Singapore workforce for its high literacy rate, competency levels and ability to bridge Asian and Western cultures. With over 110,000 expatriates and 7,000 multinational companies operating here, global citizens will also feel right at home forging a career in Singapore.
How many foreign expats are there in Singapore?
Foreign workforce numbers
|Pass type||Dec 2015||Dec 2020|
|Other work passes2||23,600||32,200|
|Total foreign workforce||1,387,300||1,231,500|
|Total foreign workforce (excluding MDWs )||1,155,800||984,100|
|Total foreign workforce (excluding MDWs and Work Permits in CMP sectors)||732,500||673,100|
How many foreigners are there in Singapore 2020?
Of expats and migrant workers
In 2020, Singapore’s foreign workforce stood at just under 1.23 million, out of which about 351 thousand were classified as skilled labor.
Are many expats leaving Singapore?
The spread of Covid-19 last year had resulted in a net outflow of expatriates – higher skilled professionals – moving out of Singapore due to job losses. Many expatriates also chose to leave Singapore to move home to be with their families in the state of uncertainty.
Where do most expats live in Singapore?
To help you get ahead in your house-hunt, we’ve put together a guide to the most desirable neighbourhoods in Singapore for expatriates.
- Holland Village (District 10) …
- Orchard Road (District 9) …
- Tiong Bahru (District 3) …
- Tanjong Pagar (District 2) …
- Sentosa (District 4) …
- East Coast (Districts 15 and 16) …
- Woodlands (District 25)
What is a good expat salary in Singapore?
Expat pay packages in Singapore rose by $18,130.85 (US$13,163) to $325,424.24 (US$236,258) in 2018, which includes an average cash salary of $124,200.25 (US$90,170), according to a study by ECA International.
Is Singapore tax free for expats?
Foreign-source income received by non-residents are exempt from Singapore income tax. There may also be tax exemptions for foreign-source income such as dividends, foreign branch profits, and service-related income.
Is Singapore a good place to live?
You and your family can live in Singapore with the confidence that your personal safety is always in good hands. Singapore is widely regarded as one of the safest countries in the world, with consistently low crime rates, a transparent legal system, and a reliable police force supported by proactive citizens.
Why are so many Chinese in Singapore?
Chinese migration to Singapore has been happening since the 19th century, after the founding of Singapore as a free port by Stamford Raffles in 1819. The demand for a skilled workforce and labour in Singapore was the driving force for attracting Chinese migrants to Singapore during that period of time.
Can a foreigner live in Singapore?
The Ministry of Manpower stipulates that all foreigners who wish to work in Singapore must hold a valid pass or work visa. Both local and foreign companies must comply with this rule. Currently, there are different types of passes for foreign workers.
How much does it cost to live in Singapore?
The Cost of Living in Singapore. It is common knowledge that the average cost of living in Singapore is high. For a single person in Singapore, their average expenses (excluding rent) are around 800 SGD (575 USD) per month. For a four-person family this is significantly higher: around 4,400 SGD (3,200 USD) a month.