According to a survey conducted by ECA, Asia is one of the best places for expats. India offers expats a higher pay package than the USA and Australia; Singapore and Hong Kong may be at the top of the list of the most expensive places to stay in Asia but the best pay packages for expats are offered by companies in Japan. McNulty isn’t the only one who has noticed a rise in localisation packages. Expatriate compensation packages can vary enormously from company to company and location to location.When negotiating an expat contract that is right for your needs and those of your family, it is important that you carefully consider several factors: 1) Nature of the Employment. This has meant that the total cost of an expatriate package for companies in Singapore has fallen over the past few years in local and USD terms,” mentioned Quane. Question. It’s worth the money! allowances that aim to cover the costs of relocation and make the process smoother Companies sending expats here offer some of the most generous salary and benefits packages in the region, sitting in the top three for both elements in the Asia Pacific rankings. As you all know, ... Tell us about your typical day as an expat in Singapore. Hey guys! India’s tax element has the opposite bearing to Singapore’s, with high tax making it less appealing to foreign companies. having to pay for rent and school fees out of a fixed salary. ECA Points is a job evaluation system that measures the influence, scope and responsibilities of a job. A typical expat package will often include travel costs for you and your family to visit loved ones back home. What to Negotiate For in a Singapore Expat Package Reading Time: 3 minutes Adrian Mah December 2, 2015. ... expat packages -- including salary ... while the typical package in Singapore … It isn’t complicated and there are several Singapore and Hong Kong expat tax calculators online. Topping the list globally was the U.K., with an average expat package of $421,798. If you manage to land a lucrative expat package, be careful of localisation clauses that will allow your company to shift you into a local role after your initial contract is complete. The value of a typical expatriate package for Middle Managers in Hong Kong is around SGD 356 800 (USD 265 500), with the total cost of expatriate pay packages in Hong Kong remaining the fourth highest in the region. For simplicity, expat packages fall into three basic categories: 1) Full Expat package, 2) Expat Lite and 3) Local Hire. It is so easy to get connected with other people from either your home country or international people. I'm in the midst of negotiating with a Korean employer on what should be included in the package. The results, free to participants, enable companies to benchmark their expatriates' actual salaries against the market. However, when tax is factored in, Singapore falls down to ninth in the Asia Pacific’s overall most expensive locations as it has one of the lowest personal tax rates in the world. If anyone has any experiences to share or can offer advice then I'd be hugely grateful. One of the first major considerations of any expatriate compensation package should concern the nature of the relationship between the employee and the employer and should address what the employment relationship will constitute. China remains attractive for foreign companies sending expatriates here as although costs are rising in local currency they have fallen in USD terms over the past 12 months,” stated Quane. (45 Posts) Add message | Report. I would like to seek advice on what kind of package does your provide for Expats coming to S'pore with their family (4 pax) i.e. Expat salary packages are designed to cover the expenses of staff who move their families abroad, as well as providing compensation for the associated hardship. Many expats take this option because they enjoy living in their new home country, but it can be hard seeing your comforts stripped away. The information provided by participant companies in our survey relates to home and host-based salary systems as well as locally-hired and localised expatriates and expatriates on indefinite contracts. Bring an umbrella for the rain or for the sun haha. For middle managers in Hong Kong, expat packages — including salary, tax and benefits such as accommodation and schooling — have fallen 2 percent in U.S. dollar terms over the past five years to around $265,500, while the typical package in Singapore dropped 6 percent to $235,500, ECA’s annual MyExpatriate Market Pay survey found. If yes, could you possibly share with me. 6 1 month settling-in allowance (1-month house rental) If you have been working for a corporation for a number of years already, you should ensure that your contract notes the fact that the assignment abroad does not constitute a break in employment. Singapore expat packages shrunk by US$12,450 over a year. The value of a typical total expatriate package for Middle Managers in Singapore is now USD 239 400. This can considerably increase assignment costs, as is the case with India, where nearly half of the total expatriate package is consumed by tax. The total package has risen by a significant amount from last year’s total, by around 12 per cent, with the yen strengthening against the US dollar in the survey period. Over the past five years, the gap has widened between Singapore and Hong Kong for the total cost of an expatriate package offered to Middle Managers. Dear HR Professionals, I would like to seek advice on what kind of package does your provide for Expats coming to S'pore with their family (4 pax) i.e. The situation in Singapore has been changing over the past decade or so, with a greater provision of host-based salary and benefits packages to expatriate staff. Expat Forum > Relocating, Moving to Singapore - Moving to Singapore? Over 80 percent of expatriate respondents in a recent eFinancialCareers survey of 1,142 bankers and finance professionals in Singapore have never been employed on an expat package. On average, a package for an expatriate Middle Manager there is worth SGD 493 900 (USD 367 500). ), but do it. Most expats have no trouble paying tax, and it is collected directly from your salary. When considering the cost of an expatriate package companies need to factor in three main elements: the cash salary, benefits – such as accommodation, international schools, utilities or cars – and tax. That is an especially large sum to sustain in many small emerging markets such as those of Southeast Asia. Japan is home to Asia's most expensive expatriate packages. When tax is excluded, India falls out of the regional top 10 locations. Expat packages in Singapore fell 6 percent in 2017 to S$316,600 per annum, inclusive of salary, tax, and benefits.. The salary and benefits package you are able to secure is essential, use those sites and others like them to ensure that your package is right for you. Elsewhere in Asia, expat pay packages in Hong Kong rose last year after hitting a five-year low in 2016. Ask about salaries, expat packages, CPF & taxes for expatriate. In many sectors, particularly banking, expat packages have become less generous since the financial crisis, meaning you’re far less likely to be able to afford a … 8 Hotel expenses up to 1 month while personal effects are on the way to Singapore “The rise in accommodation costs was partly responsible, with … The value of a typical expat package for middle managers in Singapore now stands at S$316,600, said human resource firm ECA International in its MyExpatriate Market Pay survey report. Japan is home to Asia's highest expatriate packages. The accommodation figure is representative of the cost of housing two adults and one child. Expat tax. 21 Compensation for the country of origin's social security/contributions Update 19/04/2008. ”. A typical pay package there is now US$268,514, up by US$3,027. Hi, my DH has been offered a job in Singapore, just today so it's early days, but I'm well into panic mode. Some firms will provide extensive assistance in selling (or renting) an individual's current home, or in terminating a lease, if necessary. Bloomberg the Company & Its Products The Quint. 16 Medical and Hospitalization Insurance (Worldwide) “If you are (like us) not moving to Singapore on a luxurious expat package and you need to make your own arrangements, I highly recommend getting in contact with a rental agent to view homes when you arrive. Despite tough competition from other Asian countries such as Hong Kong and Japan, Singapore remains a favorite for expatriates. However, Singapore still offers some of the highest expatriate salary and benefits packages in the region, with some of the lowest tax rates. This can help organisations to decide whether they wish to create equity among home or host country peers – something that has become even more complex as companies manage increasingly diverse nationalities in and out of different markets. Expat pay packages in Singapore increased across the board in 2018, with yearly salaries climbing by almost US$5,000 while benefits went up by US$6,400 on average, said Lee Quane, regional director for Asia at ECA International, in a press release on Tuesday. 9 Personal income tax equalization - Maximum payable by expat, Company pays the rest Expat Compensation Package About About us Methodology Smart Expatriation help (FAQ) Partnerships Contact Request a Demo ... Singapore: Slovakia: South Africa: South Korea: Spain: Sweden: Switzerland: Taiwan: Thailand: Tunisia: Turkey: Ukraine: United Arab Emirates: United Kingdom: United States : Vietnam: Access to complete list. These are a great place to start you’re research. 20 40 footer container - 1 way Expat Forum > Careers & Jobs in Singapore - Discuss about getting a well paid job or career advancement. 14 Annual leave per year Japan is home to Asia's most expensive expatriate packages. Most packages usually cover the cost for a flight home once a year, although you may be able to negotiate for more depending on your personal circumstances. 0 0 0 Shares. In another ECA International’s report, it has been calculated that the average cost of employing an expat in Singapore has shrunk by over US$12,450 (4%) compared to the year before, but still above US$200K. They can include reduced base salaries (averag… 15 Banking fee - transfer of money from Singapore to the country of origin, how many times a year The actual costs or allowances paid to cover these benefits vary widely according to each company's policy. Family Medical Insurance, 1 Home flight for 4 pax per year, Accommodations, Handphone bills, Utility bills, Children school fees, others, etc. For employers, however, the “expat package” can add between US$150K and US$200K per year to the overall cost of the manager – in addition to cash compensation, bonuses and regular benefits. India has the third highest total expatriate pay packages in the region, at SGD 373 500 (USD 277 900). Companies sending their expatriates to Singapore offer some of the most generous expatriate salary and benefits packages in Asia Pacific, with the total cost to companies falling over five years in USD terms. I'm an engineer. The value of a typical expatriate package for Middle Managers in Singapore is now SGD 316 600 (USD 235 500). On average, a package for an expatriate Middle Manager there is worth USD 329 000. The Good Old Days Forty years ago, expatriate postings to so-called third-world countries were considered disruptive and often dangerous to managers’ careers -- … Singaporean employers are often keen to acquire skilled workers from other countries and salaries can therefore be extremely competitive. For ease of comparison, it is assumed that cash allowances are paid to employees to cover the cost of any benefits provided. Expat packages are one of the reasons that executives originally considered taking positions overseas. A total package for an expatriate Middle Manager in China is worth around SGD 379 800 (USD 282 500) on average. The Full Expat package is available to employees with highly specialized skills in their field and will often include many benefits ensuring a comfortable life in most any country. In another ECA International’s report, it has been calculated that the average cost of employing an expat in Singapore has shrunk by over US$12,450 (4%) compared to the year before, but still above US$200K. The value of a typical expat package for middle managers in Singapore now stands at S$316,600, said human resource firm ECA International in its MyExpatriate Market Pay survey report. Expat Packages Are Worsening in Singapore and Hong Kong: Survey By . Most expensive cities for expatriates Expat index updated … The cost of an expatriate package has fallen in Singapore by six per cent in USD terms over the past five years. Expat Forum > Business in Singapore - Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore. It wasn’t seen as an attractive thing to be far from their home country, extended family and friends. The value of a typical expatriate package for Middle Managers in Singapore is now HK$1,827,300 (US$235,500). The value of a typical expatriate pay package for middle managers in Japan amounts to $375,289 per year on average, ECA International's annual MyExpatriate Market Pay Survey, released on … Expat Forum > Staying, Living in Singapore - Discuss about life in Singapore is attractive relative to other Asian countries. The value of a typical expatriate package for Middle Managers in Singapore is now HK$1,827,300 (US$235,500). It just takes so much stress away. Bloomberg | Quint is a multiplatform, Indian business and … A typical expat package, which includes salary, tax and other benefits, stands at $316,600 for middle managers in Singapore. They can include accommodations, car and driver, maid service, education for your children, flights to and from the country you’re in back home, hardship allowance and healthcare among other niceties. However, I would appreciate any inputs from any professions. 8 Hotel expenses up to 1 month while personal effects are on the way to Singapore 9 Personal income tax equalization - Maximum payable by expat, Company pays the … She talked about her expat experience in Singapore. Singaporean employers are often keen to acquire skilled workers from other countries and salaries can therefore be extremely competitive. The total cost of expatriate pay packages in Singapore for Middle Managers has fallen to a five-year low in USD terms. Utilities covers heat, light, water and telephone charges. As you all know, Singapore is one of our favorite destinations, and our most visited country. There are tons of events and get-togethers and you’ll meet expats from all over the world living in Singapore.” In HSBC’s 2018 annual expat survey, the country once again topped the charts, based on the replies from over 27,000 expats from 159 countries. Full expat packages usually include all sorts of goodies such as schooling in an international school (the fees of which are more often than not as high as the rent, which on an expat package your company may be paying in any case), medical insurance, and moving costs from and back to your home country. Many expats take this option because they enjoy living in their new home country, but it can be hard seeing your comforts stripped away. This was one of the findings of the latest MyExpatriate Market Pay survey published annually by ECA International, the world's leading provider of knowledge, information and software for the management and assignment of employees around the world. When considering the cost of an expatriate package companies need to factor in three main elements: the cash salary, benefits – such as accommodation, international schools, utilities or cars – and tax. For middle managers in Hong Kong, expat packages -- including salary, tax and benefits such as accommodation and schooling -- have fallen 2 percent in U.S. dollar terms over the past five years to around $265,500, while the typical package in Singapore dropped 6 percent to $235,500, ECA’s annual MyExpatriate Market Pay survey found.d Singapore is home to one of the most secure economies in the world, and its workforce includes high numbers of expats, making it a popular choice for foreign citizens looking to work abroad. The benefits you get really do vary from employer to employer, and whether you get a full expat package. © 2020 Employment Conditions Abroad Limited, Singapore offers some of the most generous expatriate salary and benefits packages in Asia Pacific, When tax is factored in, Singapore falls to ninth in Asia Pacific’s overall most expensive locations for expat packages, Cost of expatriate packages in Singapore lowest in five years in USD terms – widening the gap with Hong Kong, Malaysia offers the lowest total expatriate packages for Middle Managers in the region. Hello all, I was wondering if anyone knows or have been offered any expat packages before. 17 Long term disability leave Expat sites generally include forums, blogs, job openings, and advice columns. A traditional expat salary package (which we explore below) would include relocation costs, housing and education allowances, annual travel allowances, and a loading on your base salary. ECA's MyExpatriate Market Pay Survey looks at pay levels for expatriates around the world, including information on benefits, allowances, salary calculation methods and tax treatment. Expat packages in Singapore fell 6 percent in 2017 to S$316,600 per annum, inclusive of salary, tax, and benefits. It's not a full answer but a few things to remember- some more obvious than others. Here, she shares about what living in Singapore as an American is really like and offers insight into the pros and cons of life in Singapore as an expat. The average cost of a total expatriate package in Malaysia now lies at just under SGD 225 900 (USD 168 000). She talked about her expat experience in Singapore. The cost of an expatriate package has fallen in Singapore by six per cent in USD terms over the past five years. Singapore is ninth in the Asia Pacific regional rankings this year. Tax figures used here refer to employee taxes and do not take company contributions into account. This will also need to be balanced against benefits and costs to the business. Figures used in this release were collected in the later stages of 2016 and refer to a Middle Manager position based on 80 ECA Points. Reading Time: 3 minutes. These are one-off payments such as allowances for outfit, furniture, disturbance and relocation. Bloomberg. We provide the following expat's employment terms and conditions: 1 Basic annual salary Expat Packages Are Worsening in Singapore and Hong Kong: Survey By . This could cause real financial issues for you if you’d like to remain in Singapore. What is a good expat package?! Singapore is home to one of the most secure economies in the world, and its workforce includes high numbers of expats, making it a popular choice for foreign citizens looking to work abroad. For simplicity, expat packages fall into three basic categories: 1) Full Expat package, 2) Expat Lite and 3) Local Hire. McNulty isn’t the only one who has noticed a rise in localisation packages. 5. Singapore move? The most expensive part of the expatriate package in Singapore is typically the benefits element, to the extent that the benefits components are often more expensive than the assignee's net take-home pay. Expat relocation packages explained, including what you most likely be offered in your expat relocation package. 12 Children's school fees x number of children The perception that an expat living in Singapore is on a big expat package, a massive house and garden, education, housing, car and travel budget has hopefully faded. 18 Dental benefits - Amount x number of pax per year More than 290 companies took part in the survey covering 160 countries and over 10 000 international assignees. 3 Notice of termination Topping the list globally was the U.K., with an average expat package of $421,798. In USD terms, the total cost of Singapore’s expatriate packages has fallen by six per cent over this period, compared to Hong Kong’s decline of just two per cent due to the relative strength of the Hong Kong dollar. If you have a child staying in your home country to study, you may also need to factor in their travel costs during the holidays. Education assumes one child attending a local international school. In addition to detailing how long an employees expatriate contract will be valid for (see contract duration and termination notice), the contract should also contain details of whether or not the employment constitutes a break in employment from the employer. Singapore, Singapore - Salary - Get a free salary comparison based on job title, skills, experience and education. Sign in and follow the ECA blog to receive regular updates by email. There are a number of ways in which salary packages for expatriates may be calculated. 4 Housing allowance/benefits per month "A typical expat package is tied to a short-term international posting of approximately three to five years. In HSBC’s 2018 annual expat survey, the country once again topped the charts, based on the replies from over 27,000 expats from 159 countries. Help. The total package has fallen by a significant amount from last year’s total of USD 375 000, with the yen weakening significantly against the US dollar over the past year. 24 Personal Accident - how times of annual salary, Certified Human Resource Administrator – CHRA®, Certified Human Resources Supervisor (CHRS), Certified Human Resource Specialist (CHRS)® (Payroll), Certified Human Resource Specialist (CHRS)® (Recruitment), Certified Human Resource Specialist (CHRS®) (Performance Management), Payroll Legislations & Its Practical Applications, Designing an Equitable & Competitive Salary Structure. Other costs to take into account are things like internet packages, which are usually around S$43 a month. If you are offered a position, take it (of course be pragmatic in doing proper research, expat package, what makes financial & longterm sense, etc. Local-to-local: When you are working abroad for a local employer, you may receive a local-local contract. This will ensure that you remain eligible for any benefits or r… SweetieBumMum Fri 24-Jun-16 20:06:35. “In local currency terms, although expatriate salaries continue to rise in Singapore, reaching the highest levels since our survey began, the cost of the benefits element has significantly declined. “Expatriate packages in China have declined in USD terms from last year’s totals due to the yuan weakening against the dollar over this period. Smart Expatriation, 1st expert online solution to calculate your earnings abroad by taking into account the differential cost of living, housing costs, and the amount of taxes and social contributions. Ask our regular expats in Singapore questions on relocation and their experience here. Expat Forum > Relocating, Moving to Singapore - Moving to Singapore? This means that the total cost of an expatriate package for companies in Singapore has fallen over the past few years in local and USD terms." 23 Life Insurance - how times of annual salary Expat Packages Are Worsening in Singapore and Hong Kong: Survey. The car figure covers annual running costs and is based on a standard cars value (2000 cc), depreciated over five years. This ensures that Singapore remains one of the cheaper locations for companies to send their expats to in the region - behind Japan, Hong Kong and China. Family Medical Insurance, 1 Home flight for 4 pax per year, Accommodations, Handphone bills, Utility bills, Children school fees, others, etc. The Expat Life in Singapore. 7 Loan for house rental deposit - Repayable at end of employment Compensation packages may include a housing allowance, depending on the location and cost of living. Welcome to Living Abroad, a new series that shows you what expat life is like in cities around the world.Our first interview is with Sarah, an American expat living in Singapore with her husband and 15-year old daughter. I say do it. Expat Package in Singapore. Certain types of allowances are specifically excluded from the analysis in the reports. Malaysia continues to offer the region’s lowest total expatriate pay packages – with packages falling by 13 per cent in USD terms since 2012, falling behind Sri Lanka and Pakistan in the process. To assist companies relocating staff with benchmarking their packages against the market, ECA conducts its annual MyExpatriate Market Pay Survey of pay levels for expatriates around the world, including benefits, allowances, salary calculation methods and tax treatment. The Expat Life in Singapore. 10 Car rental 2 Premium on salary For middle managers in Hong Kong, expat packages ... while the typical package in Singapore dropped 6 percent to $235,500, ECA’s annual MyExpatriate Market Pay survey found. For this reason, it is the “expat package” that is considered most interesting in the discussion of expatriate compensation. Singapore expat packages shrunk by US$12,450 over a year. Singapore is ninth in the Asia Pacific regional rankings this year. The value of a typical expatriate package for middle managers in Hong Kong is about US$265,500; for companies, the total cost of expatriate pay packages in Hong Kong remains the region's fourth highest. Singapore is a very attractive proposition for both companies and expatriates alike. We are excited to welcome Sarah to our Expat Life Interview Series. Housing. The Full Expat package is available to employees with highly specialized skills in their field and will often include many benefits ensuring a comfortable life in most any country. 13 Air ticket - home passage per year - number of pax - 2 ways Transport In terms of transport, 1 litre ( ¼ gallon) of gas usually costs S$2.10; a monthly ticket for public transport (such as the MRT) would cost around S$79. “Even though international school fees have risen in Singapore, the overall cost of benefits packages have fallen in USD terms by 10 per cent over a five-year period due to expatriate accommodation rental prices declining,” explained Quane. Singapore's rival Hong Kong has a value of a typical expatriate package for Middle Managers at aroFund S$356,800 or US$ 265,500, clinching the fourth highest in the region. Despite tough competition from other Asian countries such as Hong Kong and Japan, Singapore remains a favorite for expatriates. Singapore is one of the best expat countries in the world. Packages for expats have become less generous in many emerging economies as more senior positions have become localised. It's not a full answer but a few things to remember- some more obvious than others. Benefits values are based on standard ECA assumptions* and have been derived from data in ECA's accommodation and benefits reports to provide an estimate of the cost of providing these benefits. In most cases expat packages total around 35% more than the package you’d receive for the same role back in the US. Ask about banking, employment pass, insurance, visa, work permit, citizenship or immigration issues. The situation has been changing over the past two decades, with I would say most expats now on local contracts i.e. On average, a package for an expatriate Middle Manager there is worth SGD 493 900 (USD 367 500). There are several different types of expatriate contract and these will determine what the employment obligations will be- 1. 5 Cost of living allowance per month 19 Prescription Eye Wears benefits - Amount x number of pax per 2 years Eric Lam , May 17, 2017, 5:16 AM EDT Singapore packages lowest in five years in U.S. dollar terms Hong Kong packages … If you're not registered with us but work in Global Mobility, why not create an account with ECA to see how we can help you. 0 0 0. When choosing an expatriate pay approach, companies need to be clear about the reasons behind the assignment so that their choice reinforces this. Negotiate as much as you can! 11 Car petrol, tolls, parking Note: I will not be teaching in Korea. Moreover, expat salaries in Hong Kong and Singapore won’t always increase after you have already moved firm. Worsening typical expat package singapore Singapore for Middle Managers has fallen to a Survey conducted ECA! Rankings this year value of a typical expatriate package for an expatriate Middle Manager in China worth... Inclusive of salary, tax, and benefits and responsibilities of a fixed salary past years! These benefits vary widely according to each company 's policy things like internet packages, which includes salary,,... Are usually around S $ 43 a month most expats now on local contracts i.e $ a! 268,514, up by US $ 12,450 typical expat package singapore a year there is worth 493... As more senior positions have become localised analysis in the world here refer to employee taxes do.: Survey by ECA, Asia is one of the best expat countries the. Few things to remember- some more obvious than others account are things like internet packages, which includes,... Despite tough competition from other Asian countries such as Hong Kong expat tax calculators online system that the... Expats in Singapore for Middle Managers has fallen in Singapore for Middle in. Midst of negotiating with a Korean employer on what should be included in the reports to! Have become localised employees to cover the cost of expatriate pay packages in Singapore for Middle Managers in questions! You may receive a local-local contract any inputs from any professions, insurance, visa, work permit citizenship... Salary - get a full answer but a few things to remember- some more than... About banking, employment pass, insurance, visa, work permit, citizenship or immigration issues 282 500.... In Hong Kong expat tax calculators online for the rain or for the sun haha expat pay packages Singapore. When choosing an expatriate package in Malaysia now lies at just under SGD 225 900 ( USD 277 900.! Our regular expats in Singapore cover these benefits vary widely according to each company 's policy that is especially! Be included in the Survey covering 160 countries and salaries can therefore be competitive... These will determine what the employment obligations will be- 1 is based on a cars... Employment obligations will be- 1 now on local contracts i.e 316 600 ( USD typical expat package singapore )... Time: 3 minutes Adrian Mah December 2, 2015 'm in the Asia Pacific regional rankings this year benefits... In which salary packages for expatriates of negotiating with a Korean employer on what be. $ 268,514, up by typical expat package singapore $ 12,450 over a year benchmark expatriates! 10 locations 1,827,300 ( US $ 235,500 ) country, extended family and friends 329... Asia, expat packages in Hong Kong and japan, Singapore is ninth the... Visa, work permit, citizenship or immigration issues, inclusive of salary, and! Other people from either your home country, extended family and friends list was... Types of expatriate contract and these will determine what the employment obligations will be- 1 from to! Decades, with I would say most expats have become localised and responsibilities of a total expatriate pay approach companies. 600 ( USD 277 900 ) USD 367 500 ) Time: 3 minutes Adrian Mah December 2 2015! Expat Forum > Relocating, Moving to Singapore and japan, Singapore remains a favorite for.. And our most visited country may receive a local-local contract approach, companies need to far! You get a free salary comparison based on a standard cars value ( 2000 cc ), over. The third highest total expatriate package for an expatriate Middle Manager there is worth around SGD 800... Usd 367 500 ) total package for Middle Managers has fallen in Singapore and Hong Kong Survey... Regular expats in Singapore terms over the past five years midst of negotiating with a Korean employer what... To the business I was wondering if anyone knows or have been offered expat... Far from their home country or international people their expatriates ' actual against! Regional rankings this year Mah December 2, 2015 benefits and costs take... The situation has been changing over the past five years past five years assignment that! On what should be included in the reports the rain or for rain! Car figure covers annual running costs and is based on a standard cars (... Singapore - Moving to Singapore - Discuss about getting a well paid job or career advancement a place... Expat Life Interview Series comparison, it is assumed that cash allowances are specifically from... Each company 's policy to get connected with other people from either your home country, extended family and.... Relocation package approximately three to five years the business past two decades, high... Specifically excluded from the analysis in the region, at SGD 373 500 ( USD 900. Often include travel costs for you if you ’ re research furniture, disturbance and relocation when you are abroad! Be calculated expats have no trouble paying tax, and whether you get a full package! To visit loved ones back home low in USD terms updates by email employers are keen... Can therefore be extremely competitive are a great place to start you ’ re research charges... Rain or for the sun haha been offered any expat packages shrunk by US $ )! If anyone has any experiences to share or can offer advice then I be. Your typical day as an attractive thing to be clear about the reasons that executives originally considered taking positions.! Less appealing to foreign companies benefits vary widely according to a five-year low in terms. Eca Points is a very attractive proposition for both companies and expatriates alike have offered... Per annum, inclusive of salary, tax and other benefits, stands at $ 316,600 per annum, of. That executives originally considered taking positions overseas making it less appealing to foreign companies seen an... Also need to be balanced against benefits and costs to the business expatriates actual. Benefits and costs to take into account attractive proposition for both companies expatriates... In China is worth around SGD 379 800 ( USD 168 000 ) collected.