Singapore welcomes Indian professionals

The Information Technology industry has become one of the fastest growing industries all over the world. Singapore, a well-known place for it, opens their arms to Indian workers for their IT, banking and financial institutions as well as telecommunication and the manufacturing sector. Indian IT professionals who are seeking work abroad put Singapore on their list aside from US and UK, since there is a lot of career you can choose from.

The Ministry of Manpower (MOM) recently made a strategic skills list for people who want to plan their career so they’ll know where and what to job-hunt. After considering consultations made from various businesses and government agencies, MOM found out that there will be a shortage of people with such skills in the future. They also dealt with added consideration to work permit (S Pass and Employment Pass) to those applicants from abroad.

One factor that captivates Indian immigrants to Singapore is the tax policy. Income tax in India is way too high at 33 percent compared to Singapore’s 10-12 percent. If an Indian is working in Singapore with an NRI status, they will only shell out 10-12 percent in tax.

Indian students also choose Singapore as their campus destination. Quality institutions and advantages in locating a job after they graduate are just two of the many benefits they can expect if they will study in Singapore. Today, there are about 86,000 foreign students in Singapore and India is one of the source markets.

Students and working Indians wouldn't feel home-sick because there are so many organizations that are willing to help them settle down in Singapore. Some are Bengali Association, Punjabi Association, and different Indian IT Associations. They dealt not only interest in business but family events too.

Image Source: Dreamstime.com
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