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I am in NYC looking for work in Singapore

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

jps411
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I am in NYC looking for work in Singapore

Postby jps411 » Wed, 16 Sep 2009 12:01 pm

i AM HOPING TO RELOCATE TO sINGAPORE WITH MY WIFE AND CHILD, i HAVE A MS IN REAL ESTATE FROM NYU, EXPERIENCE AS A BUSINESS OWNER FOR 10+ YEARS AND WORKING IN REAL ESTATE LENDING FOR 7+ YEARS.
ANY SUGGESTIONS ON HOW TO DO THIS? i KNOW THE JOB MARKET IS TOUGH ALL OVER BUT i REALLY WANT TO MAKE THIS MOVE.
THANKS FOR THE FEEDBACK. :cool:

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jpatokal
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Postby jpatokal » Thu, 17 Sep 2009 12:24 pm

Start by pressing the Caps Lock key? :o
Vaguely heretical thoughts on travel technology at Gyrovague

jps411
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thanks

Postby jps411 » Fri, 18 Sep 2009 7:32 am

thanks for the reply :-| , got anything else?

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Strong Eagle
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Postby Strong Eagle » Fri, 18 Sep 2009 8:45 am

The short answer is "you aint gonna be able to do it... not in the real estate market... and tough otherwise as well".

Residential real estate is swamped with agents. Loans are tightly restricted with 20 percent down being the norm. Breaking into this field will be tough... and probably not very lucrative.

Commercial real estate: The government SWF Temasek is a large investor in big projects and a handful of real estate tycoons really control the market. I don't know enough about this area but suggest that this is a rather exclusive club that doesn't let you in just because you ring the door bell.

Unless you are some kind of accomplished deal maker I don't know why a company would hire you given the level of expertise here and I don't know why the government would give you an employment pass when locals can do the job. Hard facts... especially right now in the down turn.

As for business, the rules for the Entrepass, your right to start a business in Singapore, are about to be seriously tightened up.

http://www.mom.gov.sg/publish/momportal ... epass.html

The long and short of it is this: The government is under lots of pressure to 'stop letting foreigners have all the jobs' even though the low wage jobs still don't get filled and even though Singapore wants to avoid the depression like conditions in Dubai caused by the repatriation of so many expats all at once.

Then, there are the expats here who have lost their jobs and have nothing to go home to. They are applying for personal employment passes and PR in droves to try and stay here in the hopes that a job will turn up.

If you have an idea for a business and the capital to finance it, then this might be the best route. Getting started could be tough as this is a fairly tightly networked community... if you are trying B2B you'll be a complete unknown, B2C... might work but there are millions of folks out there in this game.

Good luck.

jps411
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Thanks for the reply

Postby jps411 » Sun, 20 Sep 2009 3:56 pm

Hey, I thank you for the reply. Sounds tough, even here in NY its hard. I have friends on the finance side that have been out of work for a year. Commercial real estate is my interest and I have heard exactlty the same thing before about CRE in that part of the world.
Good thing I believe in miracals :) , sounds like I will need one.

Really, thanks again

nhfang
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Postby nhfang » Fri, 25 Sep 2009 12:04 pm

hi, i may be able to help you on this. No guarantees, but no harm talking it through. Drop me an email at mondayes@gmail.com for further discussion.


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