Singapore expat exodus: Rising costs push out foreign talent
Singapore regularly tops the list of the most expensive cities in the world. In 2023, it tied with Zurich in first place among the most expensive cities in the world, according to the Economist Intelligence Unit (EIU). The same year, a report by Mercer called Singapore the best city for expats in Asia. However, in recent years, Singapore has been experiencing a continuous exodus of expats. Even those who have called it home for a long time are starting to reconsider.