Immigration to Singapore

work visa Singapore

Singapore Introduction

Country Name
Republic of Singapore
Area
716.1 sq km
Climate
Tropical. Average max. of 31 degrees Celcius and a min. of 23 degrees Celcius
Government
Parliamentary republic
Labour Force
3.5 million as at December 2013
Major Industries
Electronics, chemicals, financial services, IT and professional services, biomedical sciences & research, oil drilling equipment, petroleum refining, processed food and beverages, ship repair, offshore platform construction, life sciences, entrepot trade
Population
5.4 million as of 2013
Life Expectancy
82.3 years
Ethnic Groups
Chinese 74.2%, Malay 13.3%, Indian 9.1%, other ethnicities 3.3%
Language
English is the language of business and instruction. Malay is the official language. Most Singaporeans are bilingual in English and a second language, commonly Mandarin, Tamil or Malay.
Religions
Main religions are Buddhism, Islam, Christianity, Taoism and Hinduism
THE BENEFITS OF IMMIGRATING TO SINGAPORE
Housing

Singapore may be small but not when it comes to the range of comfortable residences available.There are wide selection of accommodation:

Condominiums are a popular choice with both expatriates and locals. The vast range of facilities, from swimming pool and gym to round-the-clock security and scenic surroundings, provide for a comfortable lifestyle, especially for families.

Serviced apartments are a convenient alternative. Apart from the usual condominium facilities, value-added services such as a cleaning service, laundry and room service are usually included.

If your preference is for landed property, you will find that there is a fair variety in Singapore. Landed property includes bungalows, semi-detached houses, terrace houses, cluster houses and townhouses. A unique type of housing are the black and white bungalows, which are houses built during Singapore's colonial past, now owned by the government. These houses are very airy, roomy and sometimes double-storied. They do not come with any facilities but are popular with expatriates for their size and quaint feel.

Taxation

Singapore's pro-enterprise landscape is reflected in its approach to taxation.The tax rates for companies are some of the lowest among developed countries, an attractive feature for foreign investors. The tax system is well-regulated and administered by the Inland Revenue Authority of Singapore (IRAS).

Unless you are a tax resident1, you will be exempted from paying the Personal Income Tax. Tax residents are taxed on any income earned in Singapore. Overseas income that is tied to employment in Singapore and brought into the country is taxable. Otherwise, your global sources of income are NOT TAXED.

A tax resident is someone who:
  • Is a permanent resident; or
  • Has been in Singapore for at least 183 days in a calendar year; or
  • Has been physically present or working in Singapore for three consecutive years, even if the number of days spent in Singapore in the first and third year are fewer that 183 days.
Medical Insurance

Singapore citizens and Permanent Residents are required to maintain a Medisave account as part of their Central Provident Fund (CPF), which is contributed from their wages and by their employers. Medisave is a national medical savings scheme which helps individuals put aside part of their income into their Medisave Accounts to meet their future personal or immediate family's hospitalisation, day surgery and certain outpatient expenses. It can also be drawn out to pay part of hospitalisation bills as well as outpatient treatments for four chronic diseases, namely diabetes, high blood pressure, lipid disorder and stroke. CPF members can also choose to be covered under MediShield which is a basic, low-cost medical insurance scheme run by the CPF Board.



XIPHIAS Immigration helps you and guide you in every way to fulfill your dreams to settle in Singapore. We have all the expertise to prepare your application and advice you before and after you come to Singapore on how to accomplish the conditions put forth by the Singapore Authorities.

Now is the time to take advantage of booming business sector in Singapore. The opportunities are unlimited.

Our Immigration consultants will reply your inquiry within 48 hours and provide you with FREE phone Consultation Service.

Email: immigration@xiphias.in   Toll Free No: +91 9019400500   Phone: +91-80-67601000 / 41726017   
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