Singapore, which straddles east and west, is the commercial hub of Asia. In reality, numerous publications, such as The Economist, have continuously referred to Singapore as “the country of opportunity” and urged entrepreneurs to set up shop there.
Some well-known investors have recently relocated to the flourishing Southeast Asian city-state, including Facebook co-founder Eduardo Saverin and Australian mining millionaire Nathan Tinkler. Similarly to this, several multinational firms have established Singapore as their hub for conducting business in Asia. High-caliber employees, professionals, and managers also keep moving to Singapore to take advantage of the numerous opportunities it provides. Indeed, moving to Singapore is a perfect and attractive alternative for people, investors, and multinational corporations alike.
Motives for immigration to Singapore
Here are some reasons why people want to move to Singapore
Least depressing location on earth
According to the global Misery Index, Singapore has the lowest combination of consumer price inflation and unemployment in the world, officially making it the least wretched country on earth in 2016. It has displaced Japan, which previously held the top spot.
An area of possibility
Singapore is the third-best City of Opportunity globally and the best in Asia. Therefore, Singapore is the place for you if you’re searching for a place where you may start up, grow your own business, join a new firm, broaden your horizons, or try something completely new.
The best location for new immigrants
The best country for new immigrants in Singapore, especially if English is not their first language. Singapore’s rating is due to its diverse culture, which is warm, hospitable, and full of other individuals who just so happen to be on the same immigration boat. Because of this, everyone is incredibly kind and eager to help new immigrants get settled, find their feet, and enjoy the entire experience.
Quick internet
Like your uploads, downloads, and surfing to be swift and continuous throughout the day? Then you’re in for a treat because, according to Akamai, the world’s fastest content delivery network, Singapore boasts the fastest average peak internet speeds in the entire globe.
The ideal location for expats
In addition to being the best country for first-time immigrants, Singapore is also the top country in the world for expats, according to an InterNations poll. Overall living quality, travel, transportation, happiness, health, political stability, and tranquility were all topics included in the study. Not bad at all.
The world’s top education
Singapore boasts the sharpest pupils in the world, and a BBC report from 2015 ranked the city first worldwide for schools, while MBC Times ranked Singapore third. So send your children to Singapore if you want to ensure that they receive a quality education. which, taking into account the potential for young people’s economic progress, comes in the second bottom.
Awe of the building
Two of the three most expensive buildings in the world are located in Singapore, and when you see them, you will understand why the firms spent so much money on them. You will also be in awe of the incredible architecture in this paradise for builders. Due to its stunning skyscrapers and architectural marvels that depict the history of the nation, it has even earned the moniker “Skyscraper City”.
Swamp to beauty after
The nation, which was once referred to as a swamp, has transformed into one of the world’s cleanest nations. It has repeatedly been named by CNN as the cleanest city in the world.
In truth, the reason for their cleanliness can be attributed to their regulations, which forbid smoking, chewing gum, or littering in public. It makes sense that those who follow the law would pick this as their second residence given the possibility of receiving substantial jail time for other offenses including drug use, vandalism, and public urination.
The political environment is stable
Singapore has one of the most stable political environments among its neighbors in the area. Singapore’s reputation for cleanliness, lack of corruption, and efficient bureaucracy, in general, attracts foreign investors.
A powerful legal system
One of the most effective court systems in Asia is the one in Singapore. Due to the strict enforcement of anti-corruption laws, investors can conduct business without concern for maladministration or bureaucratic manipulation. Moreover, Singapore has a consistently low crime rate and a high level of personal safety because of its tough and fair enforcement of the law.