Singapore offers the sixth highest pay package for expatriates with Japan being n#1 and Australia #2.
Being the fourth largest financial center and the second largest gambling market. Singapore has the world’s highest percentage of millionaires, with one out of every six households having at least one million US dollars in disposable wealth excluding property, businesses, and luxury goods, which if included would increase the number of millionaires, as property in Singapore is among the world’s most expensive … very impressive!!
The long-term expat or employee moving to Singapore will typically be provided a very handsome income package which includes; income, accommodations, international schools, a car and allowances for tax.
Be aware the typical U.S. health insurance policy falls short of providing even adequate care once you exit the border. An international health insurance plan is a must if access to care is important to you and your family. Also emergency medical evacuation is a crucial piece of coverage if a major accident or illness warrants your return to the states, or even to a different country to properly care for your condition.
Check with your human resources department to make sure your International health insurance plan includes; access to local physicians and hospitals, full major medical benefits and emergency medical evacuation benefits.
It doesn’t matter if you are abroad for a few days or for several years. Make sure you are properly covered.
Call today I’ll be happy to answer all of your questions right over the phone.