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Question on moving from UK > Singapore

Relocating, travelling or planning to make Singapore home? Discuss the criterias, passes or visa that is required.
singapore86
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Question on moving from UK > Singapore

Postby singapore86 » Mon, 24 Jun 2013 3:38 am

Hi guys,

I might be going out to Singapore in August to start a new job there. I wanted to ask that I'm thinking about renting an apartment for the first 2 weeks. If I do this though, I can't open a local bank account right? As I need to provide some residency details? What do I do in this case? And if I started employment in the first week of getting there, what bank details do I provide? In the UK my current account is with Lloyds TSB and I have a credit card with Santander. I can't use these cards over there can I?

Thanks.

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JR8
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Re: Question on moving from UK > Singapore

Postby JR8 » Mon, 24 Jun 2013 10:24 am

singapore86 wrote:Hi guys,

I might be going out to Singapore in August to start a new job there. I wanted to ask that I'm thinking about renting an apartment for the first 2 weeks.


Do you mean a serviced Serviced Apartment: During which time you would be flat-hunting for a longer term place?

Depending on what industry you're in and your age/experience it used to be typical to arrive and get provided with a Serviced Apartment for the first month.

Finding a place in two weeks, having just started a new job would be pretty damned stressful IMHO.

singapore86 wrote:If I do this though, I can't open a local bank account right? As I need to provide some residency details? What do I do in this case?


You need a right to reside (rather than a permanent address). Having a valid work pass grants such a right. So when you arrive and before you find longer-term accommodation, you can open a bank account, and use your office address for bank statements etc, (or a friend or colleagues address), until you have accommodation sorted out.

singapore86 wrote: And if I started employment in the first week of getting there, what bank details do I provide?


As above. You have some documentation that you are entitled to work in Singapore, correct?
You can open a bank account in an hour in Singapore, and walk out the door with all the details, debit card and so on.

singapore86 wrote:In the UK my current account is with Lloyds TSB and I have a credit card with Santander. I can't use these cards over there can I?


Of course you can, that's how tourists here pay for stuff!

p.s. Another tip is bring a wad of Sterling, and change it when you arrive. The FX spreads are razor thin - way better than anything you'll get in the UK. That could tide you over until you have a local bank account and funded it. Some people have brought over £Donkey-chokers in cash and done this before. You can search for other topics on the ins and outs of changing money in SG.

singapore86
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Postby singapore86 » Mon, 24 Jun 2013 9:36 pm

Thanks very much JR8 - you provide so much helpful information. I am not sure if the company can provide me with a Serviced Apartment yet. I have a phone call with the director this week to talk through it all. I have no paper work yet, just verbal confirmation for now. So it still doesn't mean anything.

I was thinking of just living in a cheap hostel for the first 2-3 weeks if they can't provide me an apartment. It would be stressful though like you mentioned. Good to know that I could just show the bank my 'right to work' paperwork and provide my company's address as my residency.

What bank would you recommend JR8, bearing in mind I would only be in Singapore for 1-1.5 years? I would perhaps need a current debit account in Singapore just for work and stuff. Potentially a credit card too if the company makes me travel over Asia and use hotels etc.


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