Let me try to consolidate the information here for everyone's convenience. I’m considering relocate to Singapore in the next 12 months. And here're some useful info I collected from Blind and other sources. Current TC 250 non neg 1. Tech companies in SG Apple, Amazon, Google, FB, Netflix, Salesforce, MSFT, Linkedin, Oracle, Grab, SEA (former Garena), to name a few 2. TC. I don't have many data points and there're little information on glassdoor (most are out dated).Would appreciate your contribution Grab: L6 senior eng manager. Base 240k SGD, RSU 80k/year SGD https://www.teamblind.com/article/Singapore-compensation-S240k-cash-S80k-paper-money-spEVMrWy Apple: For internal transfer, assuming same level, they just convert your salary from USD to SGD, with some incremental (150k USD to 165k SGD something like that). There is formula to do so and no room for negotiation. FANG:: N/A 3. Tax There's a calculator on the IRS's website. https://www.iras.gov.sg/irashome/Quick-Links/Calculators/ I downloaded the 2018 one and calculated a few: - TC$100k SGD, Tax $5650 5.6% - TC$150k SGD, Tax $12450 8.3% - TC$180k SGD, Tax $17550 9.8% - TC$200k SGD, Tax $21150 10.6% - TC$220k SGD, Tax $24950 11.3% - TC$250k SGD, Tax $30700 12.3% - TC$300k SGD, Tax $40550 13.5% - TC$400k SGD, Tax $62150 15.5%
Cpf is only for permanent residents and citizens. For non citizens and non pr your company won't match spf but might give you some extra cash (rare but it happens)
No they don’t match and doubt you’ll be able to negotiate for an equivalent increment in base (not usual here)
I had the CPF (Central Provident Fund, only PRs and citizens can contribute to it) match in banking but not in tech. Income taxes are low and you will be able to save under SRS or any other scheme that you like.
It’s actually SRS not CPF. https://www.mof.gov.sg/MOF-For/Individuals/Supplementary-Retirement-Scheme-SRS This is CPF equivalent for foreigners. I’m asking because Apple does match your contribution so that foreigners and Citizen/PR get paid equally. I believe the max monthly matching is 1.1k now (6k salary cap * 19%)
SRS is for citizens too. Am Singaporean and have an SRS account. It will help reduce your tax liability. Don't forget that money in your SRS account can be invested so take advantage of that and it'll become something like an IRA. Otherwise it'll just sit in the bank earning a measly interest rate.
In banking and oil & gas they paid it with your salary, so it was up to you what you did with that money. Good to know that Apple offers it
I just pinged a friend at Google to find out if they get it there. Will let you know what they said
Any good tech companies in Singapore? As I know, Amazon and Facebook have business teams in Singapore not tech teams.
Im thinking of this as well. Any interest tech companies there with robotics/computer vision jobs?
What about weather? I heard people sweat a lot because of proximity to the sea.
It's very humid. Some people sweat a lot, some less, but I can't imagine you won't sweat - it's just too humid. After some time you learn how to cope with it. I still prefer it to snow and cold in the winter in other places or short Seattle summers - it's really nice to leave office and not have to wear any long sleeves in the evening. But some people hate the weather there.
Is this year long? Does humidity reduce in winters?
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I've been thinking about it too.. what made you pull the trigger ?
Close to home and SEA (weekend trips are so affordable as Singapore is the hub of budget airlines), great food (fine dining or street food) and bars, very safe and convenient...... and you’re effective tax rate will be 1x% compared to 30%+ in the U.S.
I'm from Singapore - the cost of living there is also much smaller, about half or less compared to the Bay, assuming that you don't wish to own a car which there's no need to.