Many financial rules for expats remain unchanged, wherever you’re living. Beyond the familiar faces such as the Merlion statues or Universal Studios, being an expat in Singapore means you’ll have to make necessary financial adjustments to suit your relocation abroad.
Pacific Prime CXA will discuss three financial rules expats should adhere to in Singapore, to help them maintain their financial stability.
Why Financial Planning is Important
Singapore is an expensive country for expats to live in, ranking as one of the world’s most expensive cities for expats up to four times in a row. Housing and rental costs, transportation (especially for those who own cars), and tuition fees are likely to be your biggest expenses.
Singapore has a variety of housing options ranging from high-rise and lowrise flats, to landed property such as houses. Due to the high number of expats moving into the country, the housing demand in Singapore has increased.
Singapore offers a wide range of schools for children. These include international, local and specialized schools. Enrolling your child…
