Singapore is the Promised Land...for foreigners

While many PMEs are moaning for being let off, unemployed, underemployed or having to drive taxis as a last resort, the picture is totally different from the foreigners’ perspective. To the foreigners, from the third world to the developed world of Europe, America and Australia, Singapore is the place to be, Singapore is where fortunes are made.

Many of these foreigners would never have dreamt of the good life in their own countries. Many of these countries would not have given them the opportunity to be rich within a handful of years. Many would be just the average workers, like the average Singaporeans, struggling for a life time to make ends meet if they remain in their home countries. Even the westerners, many would be having a hard time finding good jobs in their home countries.

Singapore is the Promised Land to many of these foreigners. Many will only have to game the system and after a few years, could retire and go home very rich. Singapore is where sweet dreams are made and great hopes could turn into reality for the foreigners.

On the contrary, many Singaporeans would no longer see their dreams of a better middle class life style coming to fruition. They did not have the comparative advantage that foreigners have, the option of going home where the cost of living is significantly lower and the exchange rate of a Singapore dollar in their favour. And there is the great salary that they can never dream of having if they remain in home countries.



This is about the greatest irony that Singaporeans are facing. They face higher cost of living and education in some of the best universities but having to compete with third world products and losing out. While third world or even first world talents could make their fortunes here, many Singaporeans would not be able to do so because of the high cost of living. To the foreigners, landing a job in Singapore is as good as having made it. For Singaporeans, it is just a long haul to service high debt and high cost of living.



What do you think? Why like dat one? The citizens of the Promised Land finding it difficult to cope and downgrading their expectations of the good things in life while the non citizens are all full of hopes and dreams of a better life with their third world qualifications. They will go home, buy big houses, land and cars and starting their own businesses. The foreigners are here to fulfil their dreams. Singaporeans are losing their dreams.