Renting in Singapore as an American: Everything you need to know
Thinking about moving to Singapore? Find out what you need to know about renting in Singapore in this guide.
How to get a job in Singapore: 8 steps
Singapore is well known for its low taxation, minimal cost of living, and warm, welcoming climate. Also known as the hub to Asia, Singapore is notoriously safe and welcoming. Living and working in the city is a dream shared by many.
Luckily, the job market in the Asian city is steadily growing. More industries are popping up, and there’s a huge increase in expats and locals founding startups. Finding a job in Singapore is highly doable for expats - but how do you get started?
Before you get started, a word.
Banks and money transfer providers often hide big profits in the poor exchange rates they offer. Which means you’re probably paying a lot more for your international transfers than you know.
Wise is different. You can save up to 8x by using Wise rather than your bank when sending money to Singapore.
Wise is the new way to move your money around the world, as easily as possible, for as little as possible. With bank-level security, we’re building a better, cheaper, fairer system for anyone who lives, travels, or does business across borders. Financial services should be fair, transparent, simple, and built to serve customers, not banks’ interests.
Bad exchange rates hurt. That’s why, with Wise, you get the real exchange rate, the rate you find on independent sources like XE. Your fee is fair (with fees as low as 0.35%) and, likely, your money will get there faster than with your bank.
Wise’s smart new technology skips hefty international transfer fees by connecting local bank accounts all around the world. It’s free to create an account, and there are no monthly fees. Your recipient doesn’t even need to be a Wise user. They just need a bank account in the country you’re sending money to.
Still not sure? Check out how to make your first transfer with Wise. And give it a try.
Now, back to what you came here to read.
This guide will walk you through the 8 steps for finding a job in Singapore.
Before getting into an exhaustive job search, it’s a good idea to make sure you’re eligible to work in Singapore. There’re a few different kinds of permits based on your qualifications. The Ministry of Manpower in Singapore has published an online self assessment tool, to gauge your likelihood of eligibility.
While the assessment can give you an idea, you shouldn’t take it as a guarantee that you’ll be eligible. Some factors, like permit quotas and your personal background aren’t calculated with the online assessment. Keep in mind you can’t apply for a work visa without a job in place and a salary offer that meets a minimum requirement. Therefore, applying for your Singapore work visa is one of the last steps you’ll take.
While Singapore is host to many markets, some industries are stronger than others. Historically, Singapore has been a welcoming home to finance professionals, especially those in audit and securities.
While the financial job market is as strong as ever, new industries are rising quickly in the Southern Asian city. Jobs for IT workers, digital marketers and compliance specialists are surging. Demand in the fields of tech and ecommerce is also high with a huge push in hiring UI and UX designers, as well as hospitality, service, tourism and computer science. Other prevalent roles in Singapore include talent management and HR leadership.
Before committing to work in Singapore, it’s a good idea to review whether the most common employment practices are a good fit for your lifestyle.
With information about salaries, skill training, leaves of absence, holidays, hours, contracts, and much more, the Ministry of Manpower has a comprehensive list of employment resources to help you get an understanding of what working in Singapore will actually be like.
One of the best places to look for open positions in Singapore is online. With a multitude of web resources available to aid in your search, the following sites are some of the biggest and most used by Singapore job searchers.
Even with most openings online, there’re plenty of advantages to working with a recruitment agency for your job search in Singapore. A recruiter will help you work on your CV, cover letter and interview preparations. They’ll give you a better understanding of your industry and potential employer, including tips about the company’s history and culture.
While it’s important to do your own research and choose the agency that’s the best fit for your industry and skills, the following have been well reviewed as trusted agencies in the city.
Networking is very important when looking for jobs anywhere and is no less crucial in Singapore. Some great groups to meet with if you have a chance to visit the city during your job search include:
If you can’t get to Singapore, it’s still a good idea to network. Reaching out to other professionals on LinkedIn, either through their blogs or on twitter, can yield great results in getting job leads and introductions to businesses in Singapore.
Getting a job offer is a huge accomplishment, but doesn’t represent the final step in the hiring process. Next, you’ll need to apply for a Singapore work visa.
Luckily, Singapore is a multicultural city that’s home to many expats, and is typically welcoming of foreigners seeking visas. In order to obtain one, you’ll need a job offer, to pay a registration fee and to submit your application. You can apply for your visa online and have it processed in just 7 days.
Before you apply, it’s important to know what type of visa you’re eligible for. The common visa types are as follows:
Once your visas and currency exchange are in order, you’re ready to move to Singapore! As a multicultural hub that takes pride in its safe and friendly environment, adapting to life in Singapore can prove much easier than doing so in other Asian cities. The majority of the people speak English and there are a plenty of available (and excellent) cuisines. Finding housing isn’t the crunch that it can be in other business hubs like New York and London. For tips and information about living in Singapore, check out Living In Singapore’s excellent compiled list of expat blogs.
Good luck!
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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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