Singapore Careers 2021
Singapore is well known for its low taxation, the minimal cost of living, and warm, welcoming climate. Also known as the hub to Asia, Singapore is notoriously safe and welcoming. Living and working in the city is a dream shared by many.Luckily, the job market in the Asian city is steadily growing. More industries are popping up, and there’s a huge increase in the number of expats and locals founding startups.
While Singapore is host to many markets, some industries are stronger than others. Historically, Singapore has been a welcoming home to finance professionals, especially those in audit and securities.
While the financial job market is as strong as ever, new industries are rising quickly in the Southern Asian city. Jobs for IT workers, digital marketers and compliance specialists are surging.
Demand in the fields of tech and eCommerce is also high with a huge push in hiring UI and UX designers, as well as hospitality, service, tourism and computer science. Other prevalent roles in Singapore include talent management and HR leadership.
The primary question that may come to your mind is – do I need work permit as a foreigner in Singapore?
Unlike in USA or Canada, in Singapore, firstly you need to secure a job, and then a Work Pass will be issued by employer.
For foreign professionals searching for manager and executive level jobs, candidates need to earn at least $3,300 a month and have acceptable qualifications. For high-earning existing Employment pass holders or overseas foreign professionals, the Personalised Employment Pass (PEP) offers greater flexibility than an Employment Pass.
The remaining work permits are for semi-skilled foreign workers, domestic workers and performing artistes. You can find out more about passes for trainees, students and family members
Finding a job is usually a difficult experience. The market is extremely competitive in Singapore, and may pose a challenge even for accomplished professionals.
However, you may find that the effort is worth the reward. This island country is a melting pot of multiculturalism, and it is far easier to adapt to life in Singapore compared to many other countries around the world.