The cost of living in Singapore includes education, vehicles and housing.
Some migrants move to Singapore for employment and enjoy a range of benefits, including transport or car allowances, housing, childcare, education costs, entertainment allowances and other benefits.
Follow here Xiaobian together to understand Singapore immigration need how much money and immigration way.
1. Singapore Self-employment EP Immigration: The Singapore EP Employment Pass is a level of work visa issued by the Singapore Government to foreign talents.
Singapore EP visa holders can apply for Singapore PR after 2 years.
The Singapore EP Entrepreneurial Permit is also known as the self-employed EP, that is, the applicant sets up a company in Singapore, holds 100% shares and acts as a shareholder of the company, and then uses the company to sponsor himself to apply for the Singapore EP visa.
EP visa for self-employed people does not require long-term residence in Singapore, which is more convenient. Compared with other overseas study immigration, reunion immigration, GIP investment immigration and other methods, the conditions are lower and the success rate is higher.
Singapore self-employed EP can also apply first, successfully approved after the incorporation of the company, start operations, low capital requirements, low pressure.
The overall fee is more than NIS 100,000 registered capital (the amount is specially customized according to the client’s affiliated applicant) 350,000 RMB.
Singapore Sponsored Immigration: The corporate sponsored Pass is currently the two types of work pass that can apply for permanent resident status in Singapore.
For overseas professionals who wish to take up managerial, administrative or technical jobs in Singapore.
The permit is applied by Singapore enterprises for individuals who have secured a job.
The evaluation of Singapore enterprises mainly takes into account the size of the company, the number of employees (quota), the financial situation, the tax payment and so on.
2. Singapore immigration overall fee work permit, family DP/LTVP processing ¢Ù Investment: 300 thousand Singapore dollars;
(2) DP application lawyer fee: 3000 Singapore dollars/person;
¢ÛLTVP application lawyer fee: 3000 Singapore dollars/person;
¢Ü Document notary fee: 300RMB-400 RMB, depending on the local notary office ¢Ý international express fee: 300RMB;
¢Þ Other value-added service fees: depending on the need for service projects (such as home service);
Tax ¢Ù Senior job pass: monthly salary is NIS 3600, annual tax is NIS 550;
(2) General work permit: monthly salary 2200 Singapore dollars, annual tax 128 Singapore dollars;
(3) Application for family escort: a monthly salary of more than $5,000, annual tax of $1,950;
(4) Application for parental accompaniment: monthly salary above S $10,000;
Remarks: a. Only the principal applicant’s parents are allowed to reside in Singapore while holding the Work Permit;
b. After obtaining the PR, both the parent and spouse of the principal applicant can log in and live in Singapore, and hold and long-term hold the LTVP of their family members to legally reside in Singapore;
c. While the principal applicant holds the Work Permit, his/her spouse and children are legally in Singapore with DP;
After you get PR, you and your spouse, children and family get PR at the same time.
Your overall housing cost depends on the age of the property, its amenities, location, number of rooms, and whether it comes with any furniture.
The location you need can be an important factor in determining your housing costs.
On the other hand, if you want to save money, then you can get cheaper rent by living in your second choice area.
Many migrants live in private apartments, which will have more amenities such as playgrounds and swimming pools.
They also allow immigrants to interact with each other, which could be a big boost for Singapore.
Depending on where you eat, food in Singapore is moderately priced.
If a family of four insists on eating at a hawker centre, they can save a lot of money only by occasionally eating at good restaurants and scheduling most of their meals at home.
By cooking at home, you will usually find that the average monthly food cost for basic meats and vegetables is about S $200 / month.
Regular eating, on the other hand, can cost S $1,000 to S $1,200 a month.
Transportation Costs The cost of owning a car can be very expensive, while public transportation is not.
The public transport system is fast, clean and reliable.
The average one-way bus or MRT fare is S $1.10.
If you plan to take the bus every day, you can get passes and long-distance fares, which can save you money.
These passes can be combined with bus and train fares.
If you travel frequently in Singapore, you should plan to spend about S $150 a month on travel expenses if you stick to public transport.
Medical costs are lower compared to some Western countries, especially the United States.
However, health insurance is not compulsory and your employer may not provide it for you.
You do not need any medical insurance for any non-serious medical problems.
You can usually afford to pay S $100 to S $200 a month for regular medical care, but in some months you may not have to pay anything at all.
Gp fees are about S $40, while blood and X-rays cost about S $50 to S $80, and you may end up spending S $75 to S $125 to consult a specialist.
For medical emergencies, however, private insurance should be purchased.
Without it, you could end up paying a lot of money.
Hospitalisation and surgery may be cheaper compared to other countries, but they still cost a lot of money. Hospitalisation can cost as much as S $3,000 a night.
Utilities Whether you rent or buy, your utilities will be one of your expenses.
However, depending on your monthly air conditioning usage, utility bills can be as low as S $200 a month.
Broadband Internet access typically costs about S $50 a month, while mobile subscriptions cost between S $35 and S $100 a month.
If you want to watch cable, you can pay around S $30 for basic channels and S $50-80 for a more comprehensive service.
Education costs If you have children, the cost of education will be a consideration.
Monthly fees for an international school can run as high as S $3,000 or more, while local schools are cheaper.
The cost of primary education in local schools is only 246 to 356 yuan, compared with 31 to 1146 dollars for the second level and 52 to 72 dollars for the third level.
If you want to send your child to an international school, please be aware that tuition fees can be up to $30,000 per year.
Don’t forget to factor in the fare, which can run up to $2,000 a year.
Childcare isn’t that expensive in Singapore, but it can still cost you.
The cost of childcare depends on the length of hospital stay and the age of the child.
Typically, a half-day stay costs about S $1,200 a month, while a full-day stay costs no more than S $1,500 a month.
