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Singapore, a new refuge for expatriates in Asia

2022-06-10T16:43:51.189Z


INVESTIGATION – Since the takeover of Hong Kong by the Beijing regime, the city-state has lost its old rival to its plummeting attractiveness. The authoritarian drift of Xi Jinping's China has rushed hordes of foreigners to Singapore, who are paying a high price to settle there.


Special Envoy to Singapore

At the end of Clarke Pier, lined with restaurants, Gerald Singham, vice-president of the mega-law firm Dentons Rodyk & Davidson, serenely embraces Singapore from his office.

Coming from a modest family, his rise mirrors that of the city-state, staggering in its opulence for the neophyte who discovers it today: boldly shaped skyscrapers, crowded restaurants, department stores taken by storm… Its GDP per capita is 2.3 times higher than that of France.

And its future looks bright.

Gerald Singham's firm is overwhelmed with business set-up files from Europe, South America, Africa, China;

in short, everywhere.

A real onslaught of prosperity on the city, whose main problem seems to be managing abundance.

“There are no more servers, there is no more service!”,

laments a very long-time expatriate.

Read also

After the Covid-19, the reconquest of Singapore

Attractiveness is an old concern for this country as large as 0.13% of French territory, listed as…

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Source: lefigaro

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