Live in Singapore while having a job in Iceland

Can I live in Singapore and work remotely for a company in Iceland?

Yes, it is possible, however we usually recommend double-checking the following points:

  1. If you are an independent worker or freelancer, you can work from anywhere, but if you are employed by a company, they may have to approve your working from Singapore.
  2. You will need a work permit if you are an independent worker or freelancer.
  3. You will need to apply for a work permit if you are an employee of a company.
  4. If you are an employee, you will need to get a work permit before you can start working.
  5. If you are an employee, you may be required to work for a certain number of days in Singapore before you can work from Singapore.
  6. You may be required to work for a certain number of days in Singapore before you can work from Singapore.

How to find remote work in Iceland while living in Singapore?

Usually, it is feasible to get remote jobs in Iceland even though you are located in Singapore. For that we need to find a job in Iceland that can be done remotely.

You can find remote jobs in Iceland with the help of remote job sites and freelance platforms.
Here are the top remote job sites and freelance platforms that you can use to find remote jobs in Iceland.
Best Remote Jobs Sites
Freelancer
Freelancer is a freelance platform that connects people with jobs. Freelancer is one of the most popular remote job sites and freelance platforms.
Freelancer is a platform that connects people with jobs.

How to get paid in Singapore when working remotely for a corporation in Iceland?

You can get paid in Singapore even if you are working for a company in Iceland, however , you need to take a bit of extra steps to get the money into your Singapore bank account.

This article will cover the basics of how to get paid in Singapore when working for a corporation in Iceland.

Why should you get paid in Singapore?
There are many reasons why you should get paid in Singapore when working for a corporation in Iceland.

  1. You will be able to get a better rate of exchange for your work.
    When working in Iceland, you will most likely be paid in Icelandic Krona.
    The exchange rate between Iceland and Singapore is 1:1.
    If you work in Singapore and are paid in Singapore Dollars, you will be able to get a better rate of exchange for your work.
  2. Singapore is a tax-friendly country.
    If you are working for a company in Iceland, you will most likely be taxed in Iceland.
    In Singapore, you will most likely be taxed in Singapore.
    However, if you are working for a company in Singapore, you will most likely be taxed in Singapore.
  3. You will be able to keep more of your money.

How do taxes work in Singapore if I’m working remotely for a company Singapore?

When working remotely in Singapore for a firm based in Iceland, taxes might be tricky, therefore we have put together a quick guide to help you out.

What is the tax rate in Singapore for a remote worker?
Tax rates in Singapore are based on your income and personal circumstances. If you are a self-employed person, you pay a flat rate of 15% of your income, which is the same as in the UK. If you are employed, you pay a flat rate of 15% on your salary and a flat rate of 10% on your employer’s contributions.

What if I work remotely for a Singapore company?
If you work remotely for a Singapore company, you will have to pay the 15% flat rate of tax. However, you will not be able to claim any of the tax benefits that you would normally be entitled to. For example, if you are a single person, you can claim the Child Care Allowance (CCA) of $1,500 per month for children under the age of 12. If you are a single person, you can also claim the Child Care Subsidy (CCS) of $2,000 per month for children under the age of 12.
If you are a married couple, you can claim the Child Care Allowance (CCA) of $1,500 per month for children under the age of 12.