Highest Paying Jobs In Singapore For Foreigners

Safalta Expert Published by: Shubham Khantwal Updated Thu, 20 Jun 2024 12:03 PM IST

Highlights

In Singapore, the highest-paying jobs for foreigners often fall within the finance, information technology, and healthcare sectors. Key roles include investment bankers, IT directors, and medical specialists, who benefit from competitive salaries and extensive benefits. 

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Singapore is one of Asia's most attractive job markets for foreigners, offering high salaries and a vibrant multicultural environment. With a robust economy and a strategic position as a global financial hub, it’s no surprise that many professionals from around the world are drawn to its shores. Here’s a look at some of the highest-paying jobs in Singapore for foreigners, particularly for those coming from India, and a guide on how to apply.

 

1. How Indians Can Get Jobs in Singapore: Application Process

 

Understanding the Job Market

Before applying, it’s crucial to understand the sectors that are booming in Singapore. These include Information Technology, Finance, Healthcare, and Engineering.

Source: Safalta

Indian professionals with expertise in these areas will find numerous opportunities.
 

Building a Strong Profile

To stand out, Indian applicants should:

- Have a well-crafted resume that highlights relevant experience and skills.

- Obtain certifications that are recognized internationally.

- Network through professional platforms like LinkedIn.

- Stay updated with the latest industry trends in Singapore.
 

Job Portals and Recruitment Agencies

Several platforms cater to job seekers in Singapore:

- Job Portals: Websites like JobsDB, JobStreet, and Indeed Singapore.

- Recruitment Agencies: Agencies such as Robert Walters, Michael Page, and Hays specialize in placing foreign professionals in Singaporean firms.
 

Work Visas and Permits

To work in Singapore, Indian nationals will need an Employment Pass (EP) or an S Pass, depending on their qualifications and salary. Employers in Singapore typically sponsor these permits.
 

2. Highest Paying Jobs and Their Starting Salaries

Here’s a rundown of some of the highest-paying jobs for foreigners in Singapore, along with their starting salaries, converted from Singapore Dollars (SGD) to Indian Rupees (INR) for better understanding.
 

Information Technology

Role: IT Director  

Starting Salary: SGD 15,000/month (Approx. INR 9,00,000)

Role: Software Development Manager  

Starting Salary: SGD 12,000/month (Approx. INR 7,20,000)
 

Finance

Role: Investment Banker  

Starting Salary: SGD 14,000/month (Approx. INR 8,40,000)

Role: Financial Analyst  

Starting Salary: SGD 10,000/month (Approx. INR 6,00,000)
 

Healthcare

Role: Specialist Doctor (e.g., Cardiologist)  

Starting Salary: SGD 18,000/month (Approx. INR 10,80,000)

Role: Senior Medical Consultant  

Starting Salary: SGD 15,000/month (Approx. INR 9,00,000)
 

Engineering

Role: Engineering Director  

Starting Salary: SGD 13,000/month (Approx. INR 7,80,000)

Role: Senior Civil Engineer  

Starting Salary: SGD 11,000/month (Approx. INR 6,60,000)
 

Legal

Role: Corporate Lawyer  

Starting Salary: SGD 15,000/month (Approx. INR 9,00,000)

Role: Legal Consultant  

Starting Salary: SGD 12,000/month (Approx. INR 7,20,000)
 

Sales and Marketing

Role: Marketing Director  

Starting Salary: SGD 13,000/month (Approx. INR 7,80,000)

Role: Sales Director  

Starting Salary: SGD 14,000/month (Approx. INR 8,40,000)


 

Singapore offers a wealth of opportunities for foreign professionals, especially those from India. With a proactive approach to job searching and a thorough understanding of the local job market, Indians can secure lucrative positions in this dynamic city-state. Preparing a standout application and navigating the visa process efficiently are key steps to landing a high-paying job in Singapore.

 

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What are the top sectors for high-paying jobs in Singapore for foreigners

The top sectors offering high-paying jobs for foreigners in Singapore include information technology, finance, healthcare, engineering, and legal services. Professionals in these fields are in high demand and can expect competitive salaries.


 

2. How can an Indian professional apply for jobs in Singapore?

Indian professionals can apply for jobs in Singapore by:

building a strong professional profile with an updated resume and relevant certifications.

using job portals like JobsDB, JobStreet, and Indeed Singapore.

engaging with recruitment agencies such as Robert Walters, Michael Page, and Hays.

networking on professional platforms like LinkedIn.

ensuring they meet the requirements for an Employment Pass (EP) or an S Pass.

What is the starting salary for a Software Development Manager in Singapore?

The starting salary for a software development manager in Singapore is approximately SGD 12,000 per month, which is around INR 7,20,000.

 

 

What types of work visas are available for foreign professionals in Singapore?

The primary work visas for foreign professionals in Singapore are the Employment Pass (EP) and the S Pass. The Employment Pass is for managers, executives, and skilled professionals with a minimum salary requirement, while the S Pass is for mid-level skilled workers.


 

Are there specific certifications that can help Indian professionals secure high-paying jobs in Singapore?

Yes, obtaining internationally recognized certifications relevant to their field can significantly enhance an Indian professional's prospects. For example, IT professionals might pursue certifications like PMP, CISSP, or AWS Certified Solutions Architect, while finance professionals might benefit from CFA or ACCA certifications.

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