Thursday, 1 December 2011

Living in Singapore


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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