Interpretation of 20 19 Singapore immigrants

Organizations sponsored by the Singapore Enterprise Development Board and other units have designed a global business investor program for successful entrepreneurs who have rich business experience and are interested in expanding their international business with Singapore as a platform, so that applicants can directly apply for permanent residency in Singapore in one step, which is the way to directly obtain PR so far.

This immigration method includes two schemes:

Invest at least S $2.5 million in the Global Business Investor Program Fund.

B invest at least s $2.5 million in Singapore to establish new business entities or expand existing business operations.

GIP's basic evaluation criteria for applicants include:

1. You must have at least three years of business experience and submit the audited financial reports of the companies you own in the last three years.

2. The company's turnover in the last year should reach at least S $50 million, and the average annual turnover in the last three years should also reach at least S $50 million.

If the company is privately owned, the applicant must hold at least 30% of the shares. The applicant's scope of responsibility in the company and the company's profitability will also be considered for approval.

Additional evaluation criteria are also proposed for applicants who choose option B:

1. Business or investment plans for the next five years, including recruitment plans and annual financial plans, must be submitted.

2. The applicant must achieve the objectives listed in the above business or investment plan within five years after investment.

3. The invested company must belong to the specified 25 commercial fields.

The advantages of this scheme are very obvious. Its advantages are fast, direct and worry-free. The applicant's spouse and unmarried children (under 2 1 year old) can immigrate at the same time as the affiliated applicant, and parents, married children and children over 2 1 year old can also apply for a five-year long-term visit permit. And the application period is short, and you can land in Singapore in 6-8 months.

However, the shortcomings of GIP are also obvious. A large amount of capital investment and a strict resume will shut most investors out. Moreover, in recent years, the Singapore government's review of GIP applications has also increased year by year, which is mainly reflected in the comprehensive performance of the enterprises owned by the applicants and their integration and contribution to Singapore society, which has caused many independent applicants to be rejected many times.

Venture capital migration

Venture capital immigration is an investment immigration scheme customized by Baohe immigrants according to Singapore policies and the actual situation of customers, and it is the first choice to easily obtain permanent residence status (PR) in Singapore. Applicants can obtain a Singapore business license by investing in the establishment of a Singapore company. When the company's operation meets the designated requirements of the Singapore government, they can apply for permanent residency to the Singapore Immigration Bureau (ICA) and immigrate to Singapore.

skilled immigration

Skilled immigrants apply for Singapore PR by obtaining employment permits (including EP and S permits) and working in Singapore for several years with employment permits. This way is the main channel for highly educated people to settle in Singapore at present.

The Employment Permit (EP) is issued by the Ministry of Manpower of Singapore, after which you can further apply for permanent residency in Singapore (PR).

Application requirements:

1. Bachelor degree or above, with professional certificate or special skills.

2. The salary usually requires more than S $3,600 per month (local university graduates have an advantage and may apply for a monthly salary slightly lower than S $3,600, while other university graduates will need a higher basic monthly salary).

3. The salary requirements for young people are low. The older and more experienced people are, the higher the salary requirements for applying for the permit will be.

Further reading: skilled immigrants in Singapore are in short supply.

1, senior management and marketing personnel at the headquarters of multinational companies

The new government hopes to develop Singapore into a world-class global business center city. By the end of 20001,about 60% of the 6,000 international companies operating in Singapore had set up regional headquarters in Singapore, or had their branches in Singapore handle some work related to the headquarters. Among them, about 2000 companies have obtained the headquarters certificate issued by the Economic Development Bureau. These companies from chemical and electronic fields have created high value-added employment opportunities and valuable technology, management and marketing experience for Singapore. Therefore, senior management and marketing personnel are relatively lacking.

2. Biomedical science

The industry includes pharmaceutical, biotechnology, medical equipment and health service companies. They are engaged in knowledge-intensive businesses, such as exploration and research, product development, clinical research, high-tech manufacturing and regional business functions.

3. Chemical industry

Singapore hopes to develop into a hub of gasoline and petrochemical industry, and has set a target of an output value of over S $75 billion in 20 10. The scope has been extended to petrochemical industry, gasoline, special chemistry, life science (currently called biomedicine) and other fields.

4. Education

The vision of the Economic Development Bureau is to develop Singapore into an education center, and its intellectual capital and creative vitality are internationally recognized. 1997, the economic development bureau launched the university plan and set a goal to attract at least 10 universities to set up branch schools in Singapore within 10 years.

5. Electronics and Precision Engineering

In the past 40 years, Singapore has laid a solid foundation for electronics and precision engineering industrial clusters. EDB aims to develop Singapore into an electronics and precision engineering center, providing manufacturing solutions and high value-added components for the global market.

6. Engineering and environmental services

Singapore's vigorous economic development has promoted the vigorous growth of engineering and environmental services. This industry has gradually become an important part of Singapore's economic development.

7. Information and media

The vision of EDB is to develop Singapore into an influential global information economy. In order to achieve the goal, the Economic Development Bureau will continue to strengthen Singapore's human resources and infrastructure functions, while establishing a reliable e-commerce environment and promoting content development activities.