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What is a Security Bond for foreign domestic worker in Singapore?

In:

A security bond is a binding pledge to pay the government (up to $5000) if you break the law or the conditions governing the employment of a helper. You need a bond for every helper you employ, unless she is Malaysian.

Bonds usually take the form of an insurance. The insurers guarantee to pay the government should you break the rules; then the insurers pursue you for the money.

You cannot ask your helper to pay for the bond.

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