Just days before Earth Day 2012, Singapore blows its competition out of the water with better air quality and efficient general services administration, among other things. Singapore company formation specialist, Rikvin, is optimistic that Singapore's top ranking in ECA International’s latest Location Ratings survey will act as a leverage to the Republic's already strong reputation as a career bandstand and relocation destination for stellar Asian professionals.
Singapore has blown its long-time rival out of the water, just days before Earth Day 2012 and emerged as the the most liveable city in Asia and the world for Asian expatriates in ECA International’s Location Ratings recently-released survey.
In a survey that has only one other Asian city and 5 Australian cities dominating the top-ten global positions, Singapore Company Registration specialist, Rikvin, recognizes the Republic’s number one ranking as a testament to the breadth of its offerings to talented Asian professionals.
According to ECA International, the Location Ratings survey which is conducted annually, assesses 400 locations worldwide based on factors such as 1) climate and air quality; 2) availability of health services, housing and utilities; 3) access to a social network and leisure facilities; 4) infrastructure as well as 5) personal safety and political tensions.
Singapore scored the top position in ECA’s global list yet again this year due to its consistently good air quality, world-class healthcare facilities, sophisticated infrastructure, low crime rate and reduced health risks. Furthermore, its strategic location in the heart of Southeast Asia makes it accessible geographically and culturally to many Asian professionals from the region.
Commenting on Singapore’s position at the top of the Location Ratings survey, Mr. Satish Bakhda, General Manager and Head of Rikvin’s Operations, said, “The survey reaffirms that Singapore is the best place for Asia’s most talented and ambitious professionals to enjoy the best of business and leisure in one location.”
“Not only will talented Asian professionals have a chance to grow their careers in Singapore; they will also get to enjoy the best of creature comforts offered in Singapore. We are optimistic that ECA’s ranking will inspire more white- and gold-collar Asian professionals to apply for the Singapore employment pass this year,” added Mr. Bakhda.
The only other Asian city to make the global top 10 list is not Singapore’s long-time regional rival Hong Kong, but Kobe. Hong Kong came in third in Asia after Kobe and 11th globally.
Explaining further, Mr. Bakhda said, “Hong Kong has many attractive features which makes it a great business location. For example, it offers tax rates that are comparative to Singapore personal tax and Singapore corporate tax. Many entrepreneurs who think of incorporating a company in Hong Kong also weigh the options of Singapore company setup.”
“However, as discussed in a previous Rikvin announcement, good air quality is not one of them. This in turn lowers Hong Kong’s attractiveness as an ideal business location, especially for professionals who wish to relocate for the long term and with their families.”
“Having said that, we are optimistic that the conglomeration of high-calibre professionals will in turn will motivate more key decision makers and businesses to form a Singapore company,” affirmed Mr. Bakhda.