Expats Looking for a Move to Singapore Face Rising Costs

The Marina Bays Sands promenade in Singapore.

Photographer: Roslan Rahman/AFP/Getty images

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As some expats in Asia increasingly look to Singapore as a financial center destination - due in part to Hong Kong’s ongoing Covid restrictions - costs are rising in the tropical city-state.

Though moving down one notch to second place in a global ranking of the world’s most expensive cities last year, Singapore remained the most expensive hub in Asia, with Hong Kong placed fifth globally and Dubai seventy-fourth.