Choosing this offer depends on variuos factors.
1) Lifestyle
Expenditure varies from 800-1500 SGD for a normal lifestyle.
Major expense would be the room rent: 400rent + 50utilities = 450.
2) Current salary drawn in India. No of years of Experience & skill set. As per the current trends Indian IT market is doing wonders. The ratio of india and singapore IT salaries offered say 2 years back was 1:3 but now its reduced to 1:2.
4) Check with your company on these points
One would be your tax policy, medical policy and salary advance scheme. If the company gives you a salary advance for initial expenses in singapore that would be deducted for a period of six months from your monthly salary: advance/6.
5)Check the tax scheme with your company. Some companies deduct 15% tax for the first 6 months to save thier ass in case you leave singapore within a year.
they would charge no tax for the next 6 months.
First six months: 2000$- monthly exp- adv/6 - 15%tax.
Next 6 months: 2000$- monthly exp
But if this is the case you will have a difficult time for first 6 months.
They would charge no tax for the next 6 months.
6) Last but not the least, per visit to the doctor would cost 20-40 SGD.Check with your company if they will provide medical allowance.
Cheers!!
