Savings of an Engineer in Singapore VS India | Cost of Living, income, Tax, Expenses & Savings
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- čas přidán 14. 07. 2024
- How different is software engineering in India with respect to that of Singapore? What kind of companies are present and what is the trend of those companies to hire from India? What is the cost of living in Singapore and ultimately how much more will you be able to save?
Is Singapore a safe bet for us to go, work and live?
With the recent salary boom that India has witnessed, Do you feel is it worth it to go there?
If you had these questions or are curios to know about it! then this is the perfect video for you! ❤️
Here, I have discussed the following :
📌 The different types of companies in Singapore
📌 Immigration opportunities and process
📌 The Cost of living breakdown
📌 The salary earned with respect to India(Both FAANG as well as non FAANG company)
📌 The Net savings
📌 Is it worth it? For whom ?
To connect with me:
Instagram: / dynamic_coder_18
LinkedIn: / soumyajit-bhattacharya...
Telegram: @sdeinterviewpreperation
Tech Company Review: • Tech company review
Timestamp
0:00 Intro
1:24 Top companies hiring in Singapore
3:38 Expenses breakdown
11:53 Salary and Net Savings comparison
13:32 is it worth it?
Tags & hashtags:
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The information you have provided is damn accurate. Keep up the good work!! Big fan of your videos.
I have worked in Singapore I have visited other countries but the ease of living , the planning , savings everything being so close to India and also almost indian things available in India it is. the best country to work for sure
Thanks for valuable info. good work.
really love it when you break done and give detailed stats.
Thanks for the video. Its very helpful. Another super helpful video would be the 'Top 10 comapines hiring in Singapore' like you did for UK.
Absolutely!
Pure quality content. All the best
Thanks a lot for making such videos. It was really helpful
I live in Singapore and the cost estimates for Singapore in this video are fairly accurate. I can't comment on the salary estimates since I am not a software engineer. Good video
Are you working in finance sector?
Really insightful video! Please make a similar video for Netherlands and Australia
Yes, we want a podcast. And also make a video on the ways of getting offers in Australia.
Absolutely.
Singapore seems like a country to live life as a sprint. 👀
Insightful. 💸
If you expect to live a nice , good healthy life without much adjustment moving from India and saving a very good amount of money Singapore ie heaven so apart from within the country there are so many places nearby which you can go travel and so many companies making Singapore as their preferred choice
Misleading information about salaries /savings etc
Salary Mentioned for FAANG and or other Jobs for Singapore market as per video is applicable for managers and or senior managerial levels only ,
to get such a high salary in Singapore, a solid track record of minimum 15+ years would be needed,
such positions are much rear and obscure in number in Singapore and lots of hindrance for foreigners for all those as well,
Expenses details mentioned are most likely applicable only for single person alone and not that of a family since it is most likely that with 15+ of job experience person definitely would be having family with him as well
Some instances for illustration only
1. An average 3 star restaurant now cost $50-70/person in Singapore (this is just one instance to highlight and or hint level of money needed for a better life in Singapore )
2. average family house rental would cost $3500+ /month or higher only
3. school fee for kids on average will range $500+/month/kid for primary schools and $1000 +/month /kid for secondary schools
4. international schools charge fees on average $2000 +/month for primary and $3500+/month for secondary classes
5. and like this keep on adding on only
life would be reasonable ins Singapore only if both the spouses are earning on average $8000+/month in Singapore (means Singapore requires a monthly bare minimum salary of $16000 for a better life for a family, and that on average is really quite difficult to get in Singapore on average)
more details about salaries can be verified from glassdoor's and about numbers of opening in this segment (FAANG etc) from various job portals (those too describe a bit about salaries, there ranges etc)
The salary average seems to be overestimated even if you earn 30 lpa in india they offer only 96k sgd
I am seeing some of the job posts in Singapore, for a person with 5-9 YOE they are offering 8-10kSGD. So I think it's fair.
Absolutely !! Indians are not paid on par with other expats here as they are considered as cheap labour who work for peanuts which is something we Indians should change by not accepting low paying jobs
Great content as always! Waiting for the podcast! Also if you could make similar video on Ireland and Germany, really appreciate it!
Yes will make them as well.
Interesting facts always! So we can make better decisions whenever this time comes :P
Most definitely!
Plzz continue this series I learned lot of things of other countries... Thanks🙏
Yes this will definitely continue and as part of software engineer without borders playlist a lot of other things will start to come as well
Amazing and unique content sir...
Absolutely 🙂
Awesome and fair explanation. Can you do one for Germany as well ?
Please make More videos like this😁....
Welcome to Hyderabad bro! Awesome video 👍 and waiting for the podcast!
Thanks a ton
Thanks a lot for the video sir, much awaited one
One more request sir... In one of your video, you mentioned that the only country that is somewhat comparable to US in terms of salary is Switzerland. Can you please make a similar video for that too and also mentioning the famous tech companies out there offering the best salaries?
Yes that is correct. Surely will do. Plus the income tax is also quite less in Switzerland.
@@SoumyajitBhattacharyay waiting 🔥🔥
@@SoumyajitBhattacharyay usa r sathe compare kore o ekta banao
@@aryanilroy782 banano ache already. US, UK and Singapore.
Hi Soumyajit, can you share more on the avg salary numbers you have taken?? Are they for 5-9 yrs of exp employee or can be for 9-12 yrs of exp candidate as well ?
Anywat, many thanks for sharing in such crisp format about the expenses !
Yes we need more videos about singapore and japan
Please make a video on how an Non -It guy get a job in softwware engineering in singapore please also discuss the companies and where and how we can find these companies. Thanks a lot keep up the good work.
yes...we want sir.
Hi Soumyajith, Is it ok to move from India if we get a salary around SGD 6000/month for non-IT(Insurance Operations) office jobs. Also can we try different other organizations once we are in the country ?
NB: Say we are earning around 60 to 70k/month in India.
Hi. Thanks for the video.
Have one more doubt.
Could you please make video on Top 10 countries with Work Life balance for SDEs in FAANG-M level companies?
Yes do that podcast and please make video on companies hiring in singapore
Or Switzerland pe bhi bnao please wo bhi tax heaven hai
Yes absolutely ☺️
@@SoumyajitBhattacharyay how to apply on this foreign countries 🙂
It will be great to have similar videos for London and Vancouver/Torronto for FAANG level comp compared to same in India.
I already have it for London. This is the third in the series
Yeah it would be great to see the list of companies actively hiring in Singapore 🇸🇬 just as you did for UK 🇬🇧!
Surely will make one.
Thanks for the excellent video. Could you pls make one for Malaysia also.
Very informative
Yes podcast will definitely help. Please if you can tell us how you can take your parents with you in abroad
Absolutely will tell that as well. But yes different countries have different mechanisms
@@SoumyajitBhattacharyay since I have a single parent and it become tricky to make her travel to and fro. Is thr way we can add them as dependents and made stay with us. What happens in MAANG companies do they entertain such requests
Hey first of all I am happy that you moved to the Pay org because I am also in that org only and now you've moved to Hyderabad??!! Can't wait to meet you in the office!!😁
Great topic 👍
Thanks! 🙂
@@SoumyajitBhattacharyay bro is gap matter in college Placement??
After 12th 2year gap then I join Nit .
In
Long term gap matters??
No nonsense and very informative video. Thank you for this. May I know what would be the negotiation range for Senior Software Engineer in an above average company in Singapore so that it'd help to negotiate on the same?
Hi Soumyajit, I am living in India and my husband is working in Singapore with an IT company. I am also planning to move to Singapore. I need your help with the job openings for MS dynamics CRM Functional consultant. Currently, I am working as functional consultant with an e learning company. I am planning for a transition from e learning to ms dynamics CRM. Could you please help how I can do transition ? And openings for MS dynamics functional consultant
Amazing video bhaiya ❤️ Please make one for Toronto and Vancouver wrt India ❤️
Sureee. Will do so.
@@SoumyajitBhattacharyay lekin bhaiya ye sb country me job ke liye apply kaise kare
Dhruv are in USA right now??
@@saunaknandi1814 I'm in India
Liked the video without even watching it as this was a reuested video
Thanks so much 🙂
What about the medical expenses ? How much is being covered by the employer insurance?
Thanks.
Bro can you also make such video on Amsterdam as well ?
need 'Top 10 comapines hiring in Singapore' like you did for UK.
Yeah please make that video
Please do a similar video on Canada.
Please make a comparison for India and Netherlands
What salary package an Embedded Software Developer with Masters degree in Engineering and 5.2yrs of Automotive industry experience currently working in India should expect in Singapore?
Hiii Soumyajit! We would love you to make a video on how a fresher can get a job as a Fullstack developer in singapore
@sour Are wife and mother allowed to stay with us as dependent’s in Singapore?
Make a video on companies in Singapore
Please make same video on Canada I'm requesting about this video from few months please 😔😔
Can you make a video on savings in USA vs India?
Apart from income tax is there any other deductions from salary income?
Can you please done one for Amazon Spain (Barcelona) vs amazon India as well. How much savings can be done
Hi. Can you please let us know about the cyber security future in Singapore and the average salary.
Please make a video about which company is better to migrate for pharma people who has the experience of 15 years
Bhaiya next germany please 😁😁
Hi Soumyajit,
Could you please make similar video for Dubai?
Bhiya make video in India vs Dublin faang level company and average company.
bhaiya how to apply,search and land a job in foreign countries?
plz make a video on this
Adult Monthly Travel Card is avaialble for locals & PR only.
Does the salary include stocks?
Can you please do the same comparison with Germany too? Pleaseee
Please do a video in uae dubai software Engineer savings
Please make course review videos
Please make video on new zealand job opportunities from india
Hi thanks for your video very helpful, please let me know the intro background song thanks
Pls make that video
Sir fresher can also apply for IT company as a web developer
Hi, thanks a lot for the Valuable Info.
Indian techies (from middle class families in India) living in Singapore with family, usually stay in Condos or HBDs?
Couldn't find much info online.
Yaaar it depends. There are people staying in HBDs as well as condos. Condos are definitely better purely from housing and amenities standpoint. Having said that, HBDs are not bad either.
@@SoumyajitBhattacharyay thanks 😊
50 lacs CTC in India OR 100K SGD in Singapore , which one sounds good ?
Can you compare singapore with hong kong and dubai…which is the best city to move to
thanks a lot for the info. Could you please comment on how many days of annual leave does expat get in SG for vacation?
make video on Google salary in Singapore
Hey.... Do u have any idea about the salary and details for cloud engineer😊
Now Netherlands and Germany
Can you pls advice, what would the monthly tax on $6500 SGD PM
Please compare with USA savings. As contract job . Its difficult to save on average 3lakh per month as bachelor. Per annum 36 lakhs.
Could you do this with switzerland as well?
Can you clarify ...avg savings that you are saying 66lakh a year in faang and 34 lakh in avg company are Singapore dollar number or converted INR ?
It is INR. Everything is converted to inr
Do a video on ireland as well
I am looking forward to move Singapore. Please guide on how to land a job there.
Is okay to move to to Singapore as a full stack developer of 5 years experience with 7000 SED
Hi Soumyajit, what about CPF for expats? Is it applicable? If yes, then what's the methodology? Thank You
Expatriates are not required to contribute towards CPF. It’s only applicable for Singapore citizens and permanent residents.
Where can i contact with you ? I really want to work in Singapore 😢
Bhai by any chance can u make video for Saudia Arabia vs India
Please do same with US also
What about medical expenses ?
Sir i have done my bca.. Can i come to Singapore?
Dear sir,
I am an engineer 2012 pass out, I am working in a govt job since 2013... Profile is IT based but from last 5-6 years in the same job, I am working on administrative related stuff so i am not actually having any connection to IT profile from many years....... But now I want to switch to private sector, in IT sector....I will have to learn things from zero....i can study and learn....i am a very quick learner as well as I am the one who can work hard....... What do you suggest? Which course should I start with...? How long will it take me to get into job.?... I really want to get in Such big companies with good salaries.
I don't understand why you want to come to private sector. People working in private are desperate for a government job.
May i know the tax on software jobs in Singapore
Do podcast with software engineer in Singapore bhayya
How can I move to Singapore for a role in product management or management consulting? I have both engineering and MBA degrees from Jadavpur University and IIFT Delhi respectively. Is it possible to move without any degree from Singapore?
If you get in plZ share with me also
@@vedantchapale1262 sure mate
Make a vlog of your day in the beautiful Hyderabad office of amazon ❤️❤️manager sir❤️
Yes absolutely a few will come
Can we go to singapore only for crypto trading
please make INDIA vs Netherlands
Will I be able to study engineering after passing 10th
rent on avg is around 1100 SGD only, 2000 is if you want to live luxuriously
Avg 2000 SGD is price of a decent condo in the City.
Luxurious - goes above 4 k. 🙂
yes bro. we want detailed videos on singapore companies.
Yes it will be coming very very soon
Detailed explanation. I wanted to know what is a good salary for 6+ years experience senior developer in Singapore?
5kgross + 1k PF... For Indians then you shud get 6k. Again depends on company and ur skill
@@bsp236 Bro, in video it is mentioned 110k SGD average salary and u r saying 5k which means 60 k , how can it be possible
@@rajeshkumarjha1536 In the video it is not exaggerated but does not hold good. I am in Singapore for 1.5yrs now. 110k is probably for managers not for consultants. who just come in. To get EP your basic salary would range from 5.5 to 7k (exp 4 to 7) with 1k EPF that will be credited into your account. For those coming from India, unless the firm is too greedy or I have niche skill, they won't offer *more* than 7-8 if u are 7yrs exp guy and not a very hot skill in the market. You will get 1 month early bonus say it will be 100k. Perks like mobile,wifi bill etc can be additional, a mere amount but not all firms provide that.Those who are in Finance and banking get much more than avg IT guy's earning. The avg monthly expenses for a common room for single person today is 3k+ if you are not a drinker and dnt do unnecessary spending. For family of 2 it would be 4.5k with avg spending... Majority going in rentals.
Please make vedio on Germany