It’s a dazzling cosmopolitan city that is complete with
rich culture, vibrant sights and modern infrastructure blending beautifully
with sound educational systems. What would it be to live there? Read on...
It’s true that Singapore is a fascinating mix of the
Western and Asian culture. Spread across an area of roughly 700 square
kilometers, the city is full of dazzling skyscrapers, Chinese shops, temples
and mosques, and chain and chains of upmarket super cool shopping malls.
What’s more, the city is clean and green!
Some Important things:
Cost of living: In 2011, Mercer’s cost of living index pointed out that Singapore
became the 8th most expensive city in the world, for expatriates! And, after
Tokyo and Osaka, it s the the third most expensive in Asia.
Transport: Singapore
has an excellent public transport system, making it easy for people to move
around the city.
Language: There
are four official languages -- English, Chinese, Malay and Tamil. However, most
people speak in and understand English!
Buying Property: The Residential
Property Act (RPA), as amended in the year 2005, allows foreigners to purchaseapartments in non-condominium developments of less than 6 levels without the
need to obtain prior approval.
Vacant land, landed properties such as bungalows,
semi-detached and terrace houses, etc., fall under the category of ‘restricted
property’ and purchasing such properties require prior approval for foreigners.
Education: The
City is home to some of the best educational establishments offering several
courses to encourage creativity and entrepreneurial spirit. The choices are
plenty and the entry top notch universities and institutions in the city is
only growing.
With an overall development, this city certainly seems to be
the perfect choice for students and career driven professionals. Are you
planning to move there, yet?
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