{"id":23031,"date":"2020-01-13T13:16:00","date_gmt":"2020-01-13T06:16:00","guid":{"rendered":"https:\/\/asiantigersgroup.com\/?p=23031"},"modified":"2024-08-14T13:44:08","modified_gmt":"2024-08-14T06:44:08","slug":"raising-a-child-in-singapore","status":"publish","type":"post","link":"https:\/\/asiantigersgroup.com\/news\/industry-news\/raising-a-child-in-singapore\/","title":{"rendered":"Raising a Child in Singapore"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"23031\" class=\"elementor elementor-23031\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-303781e elementor-section-boxed elementor-section-height-default elementor-section-height-default tm-col-stretched-none tm-bg-color-over-image\" data-id=\"303781e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff64c0b tm-bg-color-over-image\" data-id=\"ff64c0b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d88f0ed elementor-widget elementor-widget-text-editor\" data-id=\"d88f0ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.3 - 22-05-2023 *\/\r\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h3><b>Raising a Child in Singapore\u00a0<\/b><\/h3><p><span style=\"font-weight: 400;\">13 <\/span><span style=\"font-weight: 400;\">Jan 2020<\/span><\/p><p><span style=\"font-weight: 400;\">According to the Report on Registration of Births and Deaths in 2018<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">the number of babies born in <a href=\"https:\/\/asiantigersgroup.com\/resources\/destination-guide\/singapore\/\">Singapore<\/a> dropped to an 8-year low of <\/span><span style=\"font-weight: 400;\">39,039 <\/span><span style=\"font-weight: 400;\">births in 2018. Based on projections from the United Nations, 47 percent of Singapore&#8217;s total population will be 65 years or older in 2050. Such a demographic structure results in immense pressure as <\/span><span style=\"font-weight: 400;\">a <\/span><span style=\"font-weight: 400;\">shrinking workforce struggles to support elderly population. Increasing the fertility rate, therefore, become the most significant issue the government has to deal with. <\/span><\/p><p><img decoding=\"async\" src=\"https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg\" alt=\"\" width=\"768\" height=\"512\" class=\"aligncenter wp-image-23033 size-full\" \/><\/p><p><span style=\"font-weight: 400;\">Source: TODAY\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Given the trend of later marriages and births, the Singapore government provides incentives and subsidies to parents and children <\/span><span style=\"font-weight: 400;\">to <\/span><span style=\"font-weight: 400;\">alter the situation. The Baby bonus scheme implemented in 2001 is an incentive provided to parents to lighten the financial costs of raising children. The baby bonus consists of 2 parts, a cash gift and a child development account which can be used for the child&#8217;s educational and healthcare expenses. The cash gift can reach S$8,000 for your first or second child, even more for your third child and onwards. In addition, the Singapore government deposit S$<\/span><span style=\"font-weight: 400;\">3,000 <\/span><span style=\"font-weight: 400;\">into Child Development Account for childcare, kindergarten, medical or optical expenses, and every dollar you deposit into <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">CDA is matched by the government. It means that when you deposit <\/span><span style=\"font-weight: 400;\">$<\/span><span style=\"font-weight: 400;\">3,000 into the CDA for your first child, the government contributes you another <\/span><span style=\"font-weight: 400;\">$3,000<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">There are also various kinds of subsidies, including the Childcare Basic Subsidy, Kindergarten subsidies, primary &amp; secondary school subsidies, and etc. <\/span><span style=\"font-weight: 400;\">All <\/span><span style=\"font-weight: 400;\">these subsidies can definitely help to defray the costs of raising children.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">It is so great to have so many subsidies, yet, your child will only be eligible for these subsidies if he\/she is a Singapore Citizen. <\/span><span style=\"font-weight: 400;\">A <\/span><span style=\"font-weight: 400;\">person is a Singaporean citizen by birth if he or she <\/span><span style=\"font-weight: 400;\">is <\/span><span style=\"font-weight: 400;\">born in Singapore with at least one parent who is a Singaporean citizen provided both parents are registered officially as legally married. Expats who want to give births in Singapore may need to plan for it. If you are a holder of Employment Pass or S Pass, or a foreign investor, you are eligible to apply for permanent residence. When you have been a Singapore Permanent Resident for at least two years, you are eligible to apply for Singapore citizenship.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Singapore is always regarded as one of the best places to <\/span><span style=\"font-weight: 400;\">live <\/span><span style=\"font-weight: 400;\">in. It could be a great place <\/span><span style=\"font-weight: 400;\">to <\/span><span style=\"font-weight: 400;\">start a new page of life and to raise children. If you want to have a family and to spend the rest of your life in Singapore, you may need to plan for it now. <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Raising a Child in Singapore\u00a0 13 Jan 2020 According to the Report on Registration of Births and Deaths in 2018,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":23033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[74],"tags":[],"class_list":["post-23031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"rttpg_featured_image_url":{"full":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"landscape":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"portraits":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"thumbnail":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-150x150.jpg",150,150,true],"medium":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-300x200.jpg",300,200,true],"large":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"1536x1536":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"2048x2048":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"post-thumbnail":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-672x448.jpg",672,448,true],"logixs_wp_thumbnail_height":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-600x512.jpg",600,512,true],"logixs_wp_thumbnail_height_400":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-400x512.jpg",400,512,true],"logixs_wp_square":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-550x512.jpg",550,512,true],"logixs_wp_landscape":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"logixs_wp_portrait":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-550x512.jpg",550,512,true],"logixs_wp_huge_square":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"logixs_wp_square_150":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-150x150.jpg",150,150,true],"logixs_wp_small_height":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-150x180.jpg",150,180,true],"qi_addons_for_elementor_image_size_square":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-650x512.jpg",650,512,true],"qi_addons_for_elementor_image_size_landscape":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false],"qi_addons_for_elementor_image_size_portrait":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore-650x512.jpg",650,512,true],"qi_addons_for_elementor_image_size_huge-square":["https:\/\/asiantigersgroup.com\/wp-content\/uploads\/2023\/05\/Raising-a-child-in-Singapore.jpg",768,512,false]},"rttpg_author":{"display_name":"atadmin","author_link":"https:\/\/asiantigersgroup.com\/author\/atadmin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/asiantigersgroup.com\/category\/news\/industry-news\/\" rel=\"category tag\">Industry News<\/a>","rttpg_excerpt":"Raising a Child in Singapore\u00a0 13 Jan 2020 According to the Report on Registration of Births and Deaths in 2018,...","_links":{"self":[{"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/posts\/23031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/comments?post=23031"}],"version-history":[{"count":0,"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/posts\/23031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/media\/23033"}],"wp:attachment":[{"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/media?parent=23031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/categories?post=23031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiantigersgroup.com\/wp-json\/wp\/v2\/tags?post=23031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}