Guide to Obtaining an Entrepreneur Pass in Singapore
Dawn Lee
In a world where borders blur and innovation knows no zip code, Singapore has emerged as a launchpad for global entrepreneurs. If you’re building an…
Moving To The Lion City: Your Family Guide To Relocating To Singapore
Singapore, a vibrant island nation, attracts people worldwide with its booming economy, safe environment, and multicultural society.
If you’re considering relocating to Singapore with your family, this comprehensive guide will provide everything you need to know, from visas and housing to education and healthcare.
Table Of Content
- Planning Your Move: Visas and Immigration
- Finding a Home: Housing in Singapore
- Education: Choosing the Right School
- Healthcare: Access to Quality Medical Care
- Cost of Living: Budgeting for Your New Life
- Getting Around: Transportation in Singapore
- Settling In: Community and Culture
- Family-Friendly Activities: Exploring Singapore
- Learning the Language: English and Mandarin
- Staying Connected: Internet and Communication
- Conclusion: Embracing the Singaporean Lifestyle
1. Planning Your Move: Visas and Immigration
The first step in relocating to Singapore is securing the appropriate visa. The most common options for families include:
- Employment Pass: This is for skilled professionals, managers, and executives with a job offer in Singapore. Dependents (spouse and children) can then apply for Dependant’s Passes.
- S Pass: This pass is for mid-skilled workers. Similar to the Employment Pass, dependents can apply for Dependant’s Passes.
- Personalized Employment Pass (PEP): Offers greater flexibility than the EP but has stricter eligibility criteria.
- EntrePass: This is for entrepreneurs looking to start and registration business in Singapore.
It’s crucial to research the specific requirements for each visa type and begin the application process well in advance. Engaging an immigration specialist can be beneficial to navigate the complexities of the process.
2. Finding a Home: Housing in Singapore
Singapore offers a variety of housing options, from high-rise apartments to landed properties. Consider these factors when choosing a place to live:
- Budget: Housing costs in Singapore can be significant. Determine your budget early on.
- Location: Consider proximity to work, schools, and amenities. Popular expat areas include Orchard, Holland Village, and the East Coast.
- Type of Housing: Choose between public housing (HDB flats) and private condominiums or landed properties. HDB flats are generally more affordable, but have eligibility restrictions.
- Lease Terms: Familiarize yourself with the standard lease terms and conditions.
3. Education: Choosing the Right School
Singapore has a world-class education system, with various options for expat children:
- International Schools: Offer a range of curricula, including the International Baccalaureate (IB) and British curriculum. These schools often have a diverse student body.
- Local Schools: Follow the Singaporean curriculum and are generally more affordable than international schools. However, admission for international students can be competitive
- Private Schools: Offer a variety of curricula and cater to different learning styles.
Research different schools thoroughly, considering factors like curriculum, location, fees, and extracurricular activities. Visit schools and talk to current parents to get a better understanding of the school environment.
4. Healthcare: Access to Quality Medical Care
Singapore has an excellent healthcare system. Expats can access both public and private healthcare facilities.
- Public Healthcare: Subsidized for Singaporean citizens and Permanent Residents. Expats can still access public hospitals but may face higher costs.
- Private Healthcare: Offers more personalized care and shorter waiting times. Health insurance is essential for expats.
Secure comprehensive health insurance that covers your family’s needs. Familiarize yourself with the healthcare options available and locate nearby clinics and hospitals.
5. Cost of Living: Budgeting for Your New Life
Singapore is a relatively expensive city. Create a realistic budget that takes into account:
- Housing: Your biggest expense.
- Transportation: Efficient public transport is available.
- Food: Dining out can be expensive, but hawker centers offer affordable and delicious local cuisine.
- Education: International school fees can be substantial.
- Healthcare: Health insurance premiums and medical expenses.
- Utilities: Electricity, water, and internet.
6. Getting Around: Transportation in Singapore
Singapore has a highly efficient and affordable public transportation system, including the MRT (Mass Rapid Transit) and buses. Consider getting an EZ-Link card for convenient travel. Taxis and ride-hailing services are also readily available.
7. Settling In: Community and Culture
Singapore is a multicultural society with a diverse population. Embrace the local culture and explore the various neighborhoods and attractions. Join expat groups and communities to connect with other newcomers and build a support network.
8. Family-Friendly Activities: Exploring Singapore
Singapore offers a wide range of family-friendly activities, including:
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- Gardens by the Bay: A stunning horticultural attraction with Supertrees and Cloud Forest.
- Singapore Zoo: Home to a diverse range of animals in naturalistic habitats.
- Universal Studios Singapore: A thrilling theme park with rides and attractions.
- Sentosa Island: Offers beaches, resorts, and entertainment options.
9. Learning the Language: English and Mandarin
English is widely spoken in Singapore, making it easy for expats to communicate. However, learning some basic Mandarin can be beneficial, especially if you plan to interact with the local Chinese community.
10. Staying Connected: Internet and Communication
Singapore has excellent internet and mobile phone connectivity. Get a local SIM card or explore various internet plans to stay connected with family and friends back home.
Conclusion: Embracing the Singaporean Lifestyle
Relocating to Singapore with your family can be an exciting and rewarding experience. Whether you’re moving for work or establishing a Singapore family office, planning ahead, consulting a Singapore immigration specialist, doing your research, and embracing the local culture, you can ensure a smooth transition and enjoy all that Singapore has to offer.
Check out this post on Cracking the Code: How to Get a Singapore Employment Pass (EP) – Entrepreneur Edition
Ready To Make Singapore Your New Home?
Check out our in-depth guide on securing an Employment Pass (EP) to start your journey !
Most Popular
Frequently
Asked Questions
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What is the best visa option for expats moving to Singapore?
The best option depends on your profession and goals. The Employment Pass (EP) is ideal for skilled professionals, while entrepreneurs can apply for the EntrePass.
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What is a family office, and why consider setting one up in Singapore?
A family office is a private entity that manages the wealth, investments, and affairs of a high-net-worth family. Singapore is a preferred location due to its stable political environment, robust financial infrastructure, favorable tax regimes, and comprehensive legal framework. These factors make it an attractive hub for wealth management and succession planning.
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Is Singapore a good place to raise a family?
Yes! Singapore is known for its safety, excellent education, healthcare, and family-friendly attractions.
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How much does it cost to live in Singapore?
Singapore can be expensive, with housing being the biggest cost. Budgeting for transportation, food, education, and healthcare is essential.
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What are the best areas for expats to live in Singapore?
Popular expat-friendly areas include Orchard, Holland Village, East Coast, and Sentosa.
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How do I enroll my child in a Singapore school?
You can choose from international, local, or private schools. Research curriculums, fees, and admission processes well in advance.
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