What are the immigration methods in Singapore?

As a developed country dominated by Chinese, Singapore has always been favored by Chinese in the immigration market.

Whether in terms of economic conditions, educational facilities, or living environment, Singapore has very obvious advantages. More and more people choose to regard Singapore as the first choice for immigration countries!

There are many ways to immigrate to Singapore, including investment, employment, science and technology, entrepreneurship... the identity that can eventually be obtained is also different. Which one can meet the needs of immigrants?

What is Singapore EP, PR, Citizen

The Singapore EP

The Singapore EP Work Pass (Employment Pass) is the highest level of work pass set up by the Ministry of Manpower (MOM) of Singapore for foreign professionals (management, administrative or professional work).

From 1 September 2022, the minimum monthly salary for EP applications will be 5000 SGD.

Singapore EP Visa Advantage

1, the threshold is low, the processing cycle is short, the applicant's industry background is not required.

2. Obtain Singapore tax resident status and PR application qualification.

3, tax-friendly: regional tax, no inheritance tax, no capital gains tax, no shareholder dividend tax, zero customs duties, corporate income tax 17%, tax up to 22%.

4, can apply for a permit for family members. You can apply for DP family permit for your spouse and unmarried children under the age of 21, and you can also apply for LTVP long-term visit permit for unmarried disabled children and parents over the age of 21 (monthly salary above S $6000).

Singapore EP Visa Basic Requirements

1. Bachelor's degree or above (or college diploma with rich work experience).

2. The monthly salary of Singapore local companies is 5000 S dollars and above, and the monthly salary of financial services is 5500 S dollars and above (older candidates need higher salaries to qualify).

Suitable for Singapore EP

1. Those who want to provide quality education for their children and are willing to immigrate to Singapore.

2, want to quickly obtain overseas status, overseas tax planning needs.

3, looking for overseas business development, the listing of overseas companies have a need for people.

4. Operators who want to invest in Singapore and engage in cross-border e-commerce or international trade.

5. People who want to be promoted and marketed in Singapore, who have a need for the internationalization of corporate brands and the development of international markets.

Singapore PR

Singapore PR(Permenment Resident) is a Singapore Permanent Resident, also known as the Singapore Green Card.

Applicants can apply for PR after holding EP for two years.

Singapore PR Application Path

Investment immigration

At present, there are only S $250 investment immigrants in Singapore. The project is called "global business investor program" (full name in English), which aims to attract overseas investors, entrepreneurs and business management talents to invest and start businesses in Singapore at least 2.5 million Singapore dollars. After completing the investment, the whole family will be granted permanent residency in Singapore. It is the only one-step investment immigration method left in Singapore.

Skilled immigrants

In order to introduce outstanding talents, enhance the country's soft power, promote economic development and other reasons, Gapo will give preferential treatment to support outstanding talents to immigrate to Singapore. Of course, it is necessary to be recognized as an excellent talent. First, you need to be employed by a Singapore company, have certain working experience and academic qualifications, apply for an employment pass, and finally apply to the Immigration Bureau. After approval by the Immigration Bureau of Singapore, you will become a permanent resident of Singapore.

entrepreneurial immigration

Entrepreneurial immigration refers to applying for a business permit (Entrepass) and then applying for permanent residency (PR) in Singapore to immigrate to Singapore.

Marriage of Immigrants

If either spouse is a citizen of Singapore nationality and is eligible to apply to the Immigration Department to become a permanent resident of Singapore, the Immigration Department of Singapore will consider such an incident as a specific individual case for approval. It should be noted that if you only want to obtain Singapore nationality in the name of marriage, that is, the so-called fake marriage, once it is found out, you will resolutely cancel your permanent resident status, and may even be blacklisted by the Immigration Bureau.

Apply for benefits in Singapore PR.

Provident Fund

Singapore's provident fund system, which began in 1955, is the core of Singapore's social security system. After years of development, this system has become a comprehensive social security system integrating pension, health care, housing, family security and other functions. Employed Singapore permanent residents are entitled to the CPF system.

Medical insurance

In Singapore's total national health expenditure, the proportion of individual self-payment accounts for more than 60%. The Government of Singapore advocates "health savings". "Health savings" is the accumulation of funds for hospitalization, for the future, for old age, and for the risk of disease. Savings accounts are limited to the payment of hospitalization expenses and a few expensive outpatient expenses, which can be used by three generations of a family (parents, children, husband and wife), and the hospitalization expenses are borne by the state subsidy, the individual medical account and the individual, rather than the full amount paid by the individual account.

Pension

In Singapore, everyone has their own pension account, and everyone pays to the age of 55. If they reach the minimum limit set by the government, they can not pay. The Government set the minimum limit at S $90000 on 1 July 2005 and will rise to S $120000 in 2013. Singapore permanent residents and citizens can receive a monthly government pension from the age of 62. In the event of death, the balance in the Provident Fund account is transferred to its beneficiaries.

family reunion

After graduating from the University of Singapore, many international students can apply for permanent residence in Singapore. Their parents and married parents-in-law can normally apply for long-term residence in Singapore. The validity period of this visa, the validity period of the permanent resident card following the child, is generally 5 or 10 years, and can be returned multiple times. With this visa, parents can start a company and do business with their children in Singapore.

Education

Children of Singapore permanent residents enjoy priority in admission to kindergartens, primary schools and secondary schools over foreigners, and tuition fees are waived.

Citizens of Singapore

This means direct Singapore citizenship.

After holding Singapore permanent residence PR for two years, you only need to live for one year in total, or for one year in the last two consecutive years of five years, you can apply for naturalization in Singapore.