Singapore, a famous destination for everyone!
Singapore is considered one of the top destinations by foreigners. It is a top choice for tourists and work.
Companies worldwide are attracted to Singapore. Start ups and a number of foreign companies are eager to build their headquarters in Singapore!
Singapore passport is still the strongest passport in the world
In the third quarter of 2019, it was reported that Singapore and Japan ranked first on the Henry Passport Index, and passport holders can enter 190 destinations without visa or entry visa.
Best Asian City-Singapore
Singapore is recognized as one of the best places to live in the world, and is often named the best city in Asia for its excellent infrastructure and public services. In terms of per capita GDP, Singapore is also one of the richest countries in the world.
What is Global Investor Program?
Singapore was originally established as a British trading colony in the early 19th century and gained independence in 1965. Today, it has become a world-class destination with its multi-racial and multi-cultural society. Singapore is a city-state, and there is a culture of multi-racial harmony in an organized community.
The island nation of Singapore has excellent infrastructure and state-of-the-art telecommunications, commercial and financial facilities. It has developed into an international financial center, as evidenced by the existence of many international banks and the volume of financial transactions on this prosperous island. Compared with other big cities, Singapore has one of the lowest crime rates in the world. In Singapore, even littering is subject to legal sanctions.
In the past 30 years, the Singapore government has made great efforts to attract talents and extraordinary human capital to promote the sustained growth of its economy. However, in the past few years, the government has increased the threshold for new talents and slowed down the number of employment passes and permanent residence permits. Applicants can apply for permanent residency in Singapore through the ” Global Investor Program “, or start business or investment in Singapore.
Basically, Singapore is politically stable and economically prosperous, providing a wide-ranging and reputable education system and a highly reliable healthcare system. English is the main language of Singapore and is widely used in all walks of life, especially in the fields of business, finance, administration and technology. In addition, coupled with high-quality services and quality of life, it becomes an ideal home for residence and business.
Important notes about Singapore Residency?
The categories of foreign citizens who are eligible to apply for permanent residency or Singapore permanent residents (Singapore PR) include:
Holders of Employment Pass under the Professional, Technical and Skilled Workers Scheme (PTS)
Over 7 years of working with entrepreneurs in Singapore
Spouse and unmarried children of Singapore citizens or permanent residents of Singapore
Elderly parents of Singapore citizens
Foreign citizens interested in working and living in Singapore, as long as they meet certain conditions, can submit an application for approval before entering Singapore.
The benefit of obtaining Singapore’s permanent resident status is to be able to live and work in Singapore for at least five years.
Individuals holding a work pass can submit an application for permanent residence to the Immigration and Checkpoint Authority (ICA) after working and living in Singapore for two years. For professional and highly skilled individuals, this option is a very popular way as these passes can be obtained without significant investment. Once permanent residency is granted, applicants no longer need a work pass, which allows them more flexibility in choosing a job.
Through the Professional Technical Personnel and Skilled Worker Program (PTS), applicants can include their spouse and unmarried children under the age of 21 in their permanent residence application.
The Global Investor Program hopes to attract successful foreign entrepreneurs and investors to Singapore as their home. It is especially suitable for entrepreneurs or investors who are interested in making large-scale financial investments in Singapore.
If you are interested in Singapore PR, please contact us immediately . WLP can provide you with professional consulting services and answer any questions you have about your Singapore immigration application. The process of applying for Singapore permanent resident status is not simple for foreign citizens, but using a Singapore immigration consultant can increase the success rate of the application.