Singapore is well known for its low taxation, 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 ex-pats and locals founding startups. Finding a job in Singapore is highly doable for ex-pats – but how do you get started? 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. Before committing to work in Singapore, it’s a good idea to review whether the most common employment practices are a good fit for your lifestyle. Even with most openings online, there are plenty of advantages to working with a recruitment agency for your job search in Singapore. A recruiter will help you work on your CV, cover letter, and interview preparations. Getting a job offer is a huge accomplishment but doesn’t represent the final step in the hiring process. Next, you’ll need to apply for a Singapore work visa.
Luckily, Singapore is a multicultural city that’s home to many ex-pats and is typically welcoming of foreigners seeking visas. To obtain one, you’ll need a job offer, to pay a registration fee, and to submit your application. You can apply for your visa online and have it processed in just 7 days. There is good news if you’re thinking of working in Singapore. The country is actively seeking labor for the healthcare, transport, education, aerospace, insurance, service, biomedical, and construction industry. The employment market in Singapore has also sported a recent trend – employers have been hiring more foreigners, who now fill six in ten jobs (up from five in ten in 20019) There are over 900,000 foreigners, who fill everything from construction jobs to white-collar and service work, accounting for a third of the 2.73 million people employed, enabling the economy to grow beyond the limits of Singapore’s indigenous workforce.
Although cover letters are becoming more irrelevant in some markets and countries, it is still best to include a personalized cover letter for jobs in Singapore
- Your resume and cover letter should be one page each. Only include the most relevant and important information.
- The cover letter is a chance for you to tell the hiring managers why you can do the job better than anyone before you get into an interview.
Got the job and sorted all your documents? Congratulations! You’re ready to move. If you need to make payments before arriving in Singapore you could take a look at a low-cost international transfer option with TransferWise. You’ll be able to send money using the mid-market rate and just for a small transparent fee (which will most likely be cheaper than your bank).
Getting a Borderless multi-currency account from TransferWise can be a financially-wise choice if you plan on doing international transfers regularly. With it, you’ll be able to send and manage dozens of different currencies, all from the same account and with no monthly fees.
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