the ultimate guide to moving to singapore
TRANSCRIPT
The Ultimate Guide to Moving to Singapore
A presentation brought to you by OpenCompanySingapore.com
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Why Move to Singapore?
• Many Europeans and Americans dream about moving to Asia because of the cultural differences and the safety countries here offer.
• Now, one more small country has appeared on expats’ maps and that is Singapore.
• Because according to several international reports, Singapore is one of the safest, cleanest and best countries for working and doing business in the world.
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Visa Requirements in Singapore >>
• The first thing one must verify before packing in order to move to Singapore is the visa requirements they are subject to.
• One can come to Singapore based on an employment or an entrepreneur visa.
• Our company registration specialists in Singapore can assist with the entrepreneur pass.
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>> Visa Requirements in Singapore
• The work visa application must be submitted with the authorities by the Singapore company hiring the individual.
• One should also take into consideration that employment passes are obtained based on the salary the employer will offer, so have all the right questions prepared for the company before moving to Singapore.
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Finances When Moving to Singapore
• After the visa was obtained, the first thing to think of is putting some money aside for moving and even opening a bank account in Singapore.
• It is quite easy to set up a bank account with a Singapore bank from abroad and that can be arranged if one appoints a local and grants him or her a power of attorney to open the account on the owner’s behalf.
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Making Living Arrangements in Singapore
• Relocating to Singapore means having a place to stay.
• There are several options to be taken into consideration: if one is coming based on an employment contract, then the company could include the living arrangements in the employment contract.
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Choosing a School in Singapore
• Most foreign citizens move to Singapore with their whole family which often means kids.
• The best thing about Singapore is that it has one of the greatest education systems in the world, according to the 2016 Global Competitiveness Index.
• One can find both public and private schools in Singapore, it all depends on how much they are willing to spend.
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Accessing Services in Singapore >>
• Right after moving to Singapore foreigners must make sure they have everything they need.
• Here’s a short list with everything one must do after arriving to Singapore:
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buying a mobile phone: one can buy a subscription or a prepaid card;
for accessing governmental services, one must apply for a SingPass which will enable them to pay taxes.
>> Accessing Services in Singapore
• The other things one must take care of when moving to Singapore are:
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renting or buying a car: car rentals are more common than buying cars in Singapore;
healthcare: in the case of employees, the employer will make sure they are enrolled with the public healthcare system by introducing them with the Central Provident Fund (CPF).
Assistance in Moving to Singapore
• You should also know that if you want to set up a business as a foreigner, a local representative must handle the company formation process in Singapore.
• If you have decided to move and start a business here, please feel free to contact us.
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Thank you for your attention!
For more information, please contact us at:+ 852 8191 3385
www.opencompanysingapore.com
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