Living in Singapore: Lifestyle, Compliance & Considerations for New Residents


Published: 2025-05-28 Source: WealthShield Author: Vincent.W
intro:From world-class healthcare and education to efficient infrastructure and low crime rates, Singapore is a top choice for global families. But beyond the benefits, new residents must adapt to regulatory compliance: timely renewals, tax declarations, an

Singapore offers a stable, safe, and tax-friendly environment for families seeking long-term residence, but residency comes with obligations beyond the visa.

From world-class healthcare and education to efficient infrastructure and low crime rates, Singapore is a top choice for global families. But beyond the benefits, new residents must adapt to regulatory compliance: timely renewals, tax declarations, and family integration policies.


Residency options vary: Dependant Pass for spouses/children, LTVP for partners or elderly parents, and PR for long-term plans.


For family offices, aligning lifestyle needs with legal presence is key—real estate rental structuring, CPF obligations, and schooling choices often require expert advice.


FAQs:

Q1: Can foreigners own property in Singapore?  

A: Yes, with restrictions on landed housing. Condominiums are typically allowed.


Q2: Are taxes high for residents?  

A: No. Singapore offers progressive yet low personal income tax, with no capital gains or inheritance tax.


Q3: Are there education options for expat children?  

A: Yes, including international schools and local programs.


User Comments:

“The move was smooth, but school admissions required early planning.” — Clara V.  

“We appreciate the safety and healthcare system. Worth the shift.” — Mark C.


(Editors: admin)

Disclaimer & Copyright Notice:
This article is edited and compiled by the editorial team at WealthShield Asia based on publicly available information. It is intended for informational purposes only and does not constitute legal, financial, or investment advice.

We respect intellectual property rights. If you believe that any part of this article infringes upon your copyright or other legal rights, please contact us at admin@wealthshield.asia. We will promptly review and remove the content if necessary.

All rights reserved. Unauthorized reproduction or redistribution is prohibited.