IT Professional Salary with 7 years exp

[desidude]

I am based in India and am in discussion with a MNC based in Singapore. I have an MBA and 7 yrs relevant experience in IT. What kind of salary should I expect in Singapore?

I understand the tax is 15% and the city is quite expensive? How much will a 1 bedroom apartment cost not in the central district (but near metro) cost?

One bedroom apartments are as expensive as 2 or 3 bedrooms places. Forget looking for a place of your own, search around for a room in a larger place and you will see a quite few that are in the $500-$800 range and close to the city.

Google is your best friend here, but to give you an idea, use PropertyGuru.com to have a look at the going rates.

Your tax figure is wrong, that is for foreigners working here on short term contracts. If you come over here long term you will be taxed the same as a resident. Look at the IRAS website to give you an idea of what level you will pay. If you earn $5,000 a month you will only pay around $2,000 a year tax.

How much gross salary are you getting so I can suggest accordingly

Is 80K SGD enough if I want to live in SG with my wife? Can I afford a 1 bedroom apartment in that salary?

More than enough!

Originally Posted by Unregistered

Is 80K SGD enough if I want to live in SG with my wife? Can I afford a 1 bedroom apartment in that salary?

no really enough if you lead a yuppie life. a car's "certificate of entitlement" alone is 70k. that's before buying the car.

Do stay in India. We have enough "Talent" for now.

Originally Posted by Unregistered

Do stay in India. We have enough "Talent" for now.

Best answer !

There is nothing like a 1 BHK in Singapore unless you live with another family and use only one room. If you can't then you have two options:

2 bedroom HDB: min 2000 a month if in the city or near MRT (train)
2 bedroom Condo: min 2400 a month

* Electricity/Water: 100-150 for moderate usage

* TV/Internet: 100

* Kitchen Gas: 40

* Travel: 50 max a month on public transport.. Taxis start at min $3 and increases every 100 meters traveled by 20 cents roughly.

* Grocery (vegetables/fruits/daily-needs): 500

* Doctors: Are not that efficient as in India or China but they charge too much. A private doctor can charge you min $70 for a less than 15 mins consultation and this excludes the cost of medicine. So stay healthy when in Singapore.

* Add more if you like to go out on weekends, pubs, eating outs, shopping.. everything is expensive and you will find that the costs are not reasonable.

At a salary of $80K, you are good to start in Singapore but do not expect great savings in your first year unless you are a miser. In fact If you like to lead a decent (okay) living, then forget about savings in first year. Also do not come here with a planning that you will change the job once you reach here, that's a great illusion as good well paying jobs here are not easy to get.

Hope it helps.

My hub income around 90k per annum , in mnc and he is not a manager.