1. What are the benefits of emigrating to Singapore?
1, political and social environment Singapore is famous for its stable political atmosphere. Politics is very pragmatic, rational and based on the rule of law. The goal is to maintain the survival and prosperity of Singapore, a small country. Statistics show that Singapore has attracted about 9,000 multinational companies, which has brought more open markets while increasing employment.
2. Economic environment
Singapore has a competitive, clean and open business environment. Singapore Port is one of the busiest ports in the world because it is committed to exporting electronic and chemical products to rich industrialized countries. However, over the years, Singapore has diversified its economy, and now it has become a research and development (R&: D) center, a biomedical center, a banking and financial center, and recently it has become a health care destination in Asia. Today, Singapore is a knowledge-based economy, attracting transnational investment. Its open trade policy, social stability, world-class infrastructure and international exchanges are the reasons for the influx of foreign investors.
The country is also famous for its low tax rate system. In Singapore, the personal income tax rate of residents starts from 0% and does not exceed 22%, while the tax rate of non-residents is between 15%-22%. For enterprises whose profits do not exceed S $300,000, the corporate income tax rate in Singapore is about 8.5%, and the corporate income tax rate above S $300,000 is 17%. The consumption tax or VAT rate is 7%. In addition, there is no dividend tax, inheritance tax and capital gains tax.
Singapore is considered as one of the investment destinations of foreign companies in Asia. These companies bring capital, technology, management knowledge and opportunities to enter the international export market. Singapore is also aware of the need to increase manpower and encourage top foreigners to come here. Therefore, people with good education, strong personal ability and professional requirements in Singapore are more likely to obtain local permanent residence status.
3. Social and cultural environment
Singapore's social and ethnic structure is not complicated: Malays, Chinese and immigrants from different countries live in harmony. Singapore's lifestyle is multicultural, and each ethnic group maintains its own unique lifestyle and habits. Due to the influx of foreigners, Singapore's society is cosmopolitan and attaches great importance to the harmony of communities and races.
In terms of safety index, Singapore ranks first in Asia and eighth in the world. Singapore has become a popular destination for international immigrants, and foreigners continue to regard safety as one of the most attractive features of life in Singapore.
4. Health care
Singapore is also famous for its world-class medical infrastructure, technological progress in the medical and health industry and a large number of expert doctors. The medical and health environment is clean, efficient and safe. Singapore has adopted a public-private partnership in health care financing. The core of the system is "medical savings", and every working resident must make a compulsory monthly contribution to the medical savings part of his central provident fund account, which can then be used to pay medical expenses. The government provides high-quality and affordable medical services and subsidized medical services to those in need in public hospitals and clinics. In addition to registered pharmacies, drugs are also easily available in supermarkets, shopping centers, department stores and other places.
5. Schools and education
Singapore attaches great importance to education, and the education system provides individuals with the skills and knowledge they need to survive in a global competitive environment. The teaching level of public schools in Singapore is very high. In addition to the three internationally renowned local universities-National University of Singapore, Nanyang Technological University and Singapore Management University, there are also several internationally renowned world-class institutions in Singapore, such as INSEAD, Booth School of Business of the University of Chicago and United World College.
6. Public services and transportation
Singapore has an efficient, barrier-free and reasonably priced public transport system, including taxis, buses and the Mass Rapid Transit (MRT) railway system, which is safe, clean and efficient. Bus and rail fares are affordable, and the cost per trip ranges from S $0.70 to S $2.50. Compared with many European countries, taxis are abundant and relatively cheap. In addition, it is very expensive to buy and maintain cars in Singapore, so many people rely on public transportation.
7. Entertainment
Catering and shopping are two popular recreational activities in Singapore. Most foreigners feel that they lack enough entertainment options on weekends and have to explore places near Malaysia (Langkawi, unruly, Genting and so on). ) and Indonesia (Medan, Batam, Bali, etc. The nightlife in Singapore is really lively, and there are many bars and nightclubs frequented by customers. Cinema is another choice to gain high popularity. There are art festivals, plays, concerts and cultural performances, but these choices are seasonal and may be expensive.
8. Natural environment
Because of its geographical location, Singapore is usually not threatened by natural disasters. But it may be wet all year round, and there are more rainy days, so the climate is not very comfortable.
9. House
There are two types of housing in Singapore: public housing units (built by the Housing Development Committee) and private apartments/self-owned properties. The choice of housing depends purely on budget, location, facilities/conveniences, transportation and personal preference. Many foreigners prefer to live in apartments, and usually choose to live near their workplaces or children's schools. The apartment is a high-rise building with fashionable appearance and interior, 24-hour security, swimming pool, gym, tennis court, barbecue oven and covered parking lot. The cost of renting a three-bedroom apartment near the CBD ranges from S $7,000 to S $65,438+S $05,000, while the rent for units outside the CBD ranges from S $3,300 to S $5,000. For 90% of Singaporeans, HDB is a cheaper option. However, they are not equipped with luxury facilities, such as swimming pools or gyms. However, they are usually located near shopping centers, food courts/restaurants/hawker centers, libraries, supermarkets, clinics and sports/entertainment facilities.
Generally speaking, Singapore is safe, with low crime rate, convenient transportation and excellent infrastructure and medical facilities. No, the climate in Singapore is humid and uncomfortable. In addition, the country is small and recreational activities are limited. Although Singapore is not a perfect country, it is a very suitable choice for many immigrant applicants.