Hi guys! I received an offer for a MNC in Singapore. What do you think based on my YOE. Seems low to me, what can I push for?
YOE: 3
Offered TC: 120k SGD
I am not familiar with the salaries in SG (currently working in EU). Current TC: 70k€
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Transportation is cheap, if you wanna Grab every time, it will cost you 1k per month.
Nights out and drinks cost more, a night out clubbing would cost you from 100 sgd onwards (usually a drink in a nice place is around 20 sgd)
For 300 sgd you can have a return flight to Thailand, Indonesia, Philippines etc and for 400 sgd more spend a nice weekend on the beach.
https://i.imgur.com/FRy9X7x.png
"My parents live in SG. Dad makes 400K as a single earner and lives an average life. Singapore is expensive as hell man, it’s called the billionaire’s playground for a reason.
I make 120K in the USA, and my wife makes 80k - we drive a better car, live in a better house, travel in first class and just generally have a far better lifestyle than my dad who has a family TC of double ours even though my mom doesn’t work. Not because she isn’t qualified but because SG won’t allow spouses of work visa holders to work - something to consider if you’re moving with a partner).
Couple in SG with 400K USD is a worse lifestyle than a couple in Chicago with 200KUSD. I even pay far more taxes than him since SG has a flat tax of around 20%. I’m closer to 40%.
I would only recommend doing a short term expat contract (3-5 yrs) with everything paid for - like housing, car, travel home, food, fuel Etc.
Just my humble opinion, feel free to do your own research. Good luck!
P.S. the cost of a regular 35K car in the USA costs 200K in SG and fuel is extremely expensive. Then Ofcourse there’s insane traffic and tolls to pay. Look it up ;)"
https://i.imgur.com/FRy9X7x.png
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