Moving to a new country like Singapore can be exciting, and one of the most challenging things associated with the move could be getting an expat car in Singapore. Everything is new, including the language, the culture, the people, and the city. Figuring out how to navigate a new city in a new environment can be overwhelming, but it is important to do it so that you can be comfortably settled in your new home.
When you move to a new country, you have to figure out where the grocery stores are, how to turn on your utilities, how to move your blessings from overseas, and sometimes how to purchase a car. As an expat, purchasing a new car can be complicated. For expats who need a car in Singapore, it can also be expensive.
When you arrive in Singapore, you will be able to drive a car under an international driver's license. However, you should keep in mind that this is only valid for 12 months. If you plan to stay in the country much longer, you will need to convert your license to a local license. The process is simple, but could take some time so it is best to plan ahead as much as possible.
Another thing to think about is car insurance. Most expats who move to Singapore notice that the car insurance process is similar to the process in Western countries. Coverage and cost are similar. One thing to note, however, is price fluctuations. If the car insurance industry has a particular bad year, the cost is transferred to the consumer, who will notice an increase in his or her premiums.
Purchasing a new or used car in Singapore is another story. It is reliably easy to purchase a car in Singapore, but cars tend to be very expensive as a 10-year Certificate of Entitlement, or COE, is required. A COE is required for all new cars in Singapore, and the system was designed to keep traffic at reasonable levels. The Singapore government, aware of their small country's limited space, wanted to come up with a way to keep traffic jams down. Their solution was the Vehicle Quote System, or VQS, which allows the Government to control the number of vehicles that are on the streets. Every year, a certain number of COEs are issued, depending on how many cars were taken off the road that year, and people purchase them. During years where few COEs are made available, the certificate can be extremely expensive.
Many expats who move to Singapore and need a car choose to work with a full service car company that will help with all of their expat car needs in Singapore, from purchasing a car, to finding insurance, to securing all the necessary paperwork required by the government. One such company is M9 Automobile Pte Ltd, and it is one of the largest car dealers in Singapore specializing in expat cars. If you are in need of an expat car in Singapore, look for the experts who will help you navigate the process and make everything a little simpler for you.