Singapore is considerably increasing its economic influence in global economy. Singapore government is business supportive by enhancing industrious culture and modern infrastructure. Singapore provides ideal job opportunities to Singapore migrants driving their career to rise to the pinnacle. Plenty of opportunity proliferates for skilled professionals in both established and rising industries covering financial services, hospitality, research and development, healthcare and biomedical science.
Business sectors of Singapore provide one of the best working conditions. Most businesses provide five-day a week work schedule, sticking to the 44 hours per week legal working standard. When it comes to salary, Singapore provides one of its kinds, best and competitive salary packages around the world to skilled migrants. Additionally, skilled workers enjoy extra perks, allowances as well as stock options from time to time. Many companies provide fixed bonus equivalent to month’s package annually. Additional perks on individual performance or company performance awarded to skilled professionals working in Singapore. These attractive attributes make Singapore work permit on high demand among skilled immigrants globally.
The most prominent luring factor for global talent immigration to Singapore is nation’s personal income tax rates. Whether it is business taxation or personal income taxation, Singapore taxation rates are among the lowest in the world. That is the main reason behind mushrooming business immigration to Singapore followed by skilled worker’s immigration as low taxation provides better opportunity to Singapore immigrants to enjoy their hard earnings or save more for better future.
Work permit holders residing for at least 183 days in Singapore annually are fall under tax residents. If you are Non-residents, residing for less than 183 days in Singapore annually are taxed income earned in Singapore not what they possess previously. These things make Singapore one of the most desired places around the world to live.
Abhinav immigration is one of the oldest visa consultancy houses, operating in the visa business for Singapore immigration as well as all popular destinations since 1994. The company name is widely referred for our investor immigration and business migration programs worldwide. Visa applicants desiring to migrate to Singapore can send their resume to ajay@abhinav.com to avail free profile assessment regarding your visa qualification.
