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Accompanying conditions and advantages of entrepreneurial immigrant families in Singapore
Accompanying conditions and advantages of entrepreneurial immigrant families in Singapore
This is issued by the Ministry of Manpower of this country and mainly distributed to foreign entrepreneurs who set up companies in Singapore. If you want to get this visa, you only need to set up a company in Singapore at this time, rely on the domestic business background or executive experience, and then take the form of starting your own business as an executive position to get a business license. 1, conditions for accompanying family members
For many people who get a Singapore entrepreneurial immigrant visa, they also hope that their families can accompany them. As long as certain conditions are met, their families can also legally accompany them. First of all, if the applicant employs three Singapore citizens or permanent residents and the annual turnover reaches S $65,438+10,000, his spouse can accompany him. At the same time, as long as the children are unmarried and under the age of 265.438+0, they can also get permission from their families to enter Singapore. Parents can also obtain a long-term visa if they employ six Singapore citizens or permanent residents with an annual turnover of S $200,000 or more.
2. Advantages
Many people want to choose Singapore as an entrepreneurial immigrant because it has many advantages. The first thing to say is flexible entrepreneurship. In addition, there is no language barrier in Singapore, so the conditions are more relaxed. More importantly, the cycle is very short, and it only takes three months to get the visa smoothly. In short, Singapore's entrepreneurial EP has many advantages and is worth choosing.
Article 2 Green Card Benefits for Singapore Immigrants
1. Education welfare
Singapore public schools give priority to local residents and permanent residents. Permanent residents can enjoy ultra-low tuition, 7,000-/kloc-0.7 million RMB per year, and international students can attend government schools for 3-7 million RMB per year.
2. Housing benefits
The policy of "Home Ownership" put forward by Prime Minister Lee Hsien Loong of Singapore is particularly beneficial to Singapore citizens and public relations. Singapore apartments can only be purchased by citizens and permanent residents. Commercial housing with normal area starts at S $6,543,800+in Singapore, while flat housing is more than 50% cheaper than commercial housing. Two-bedroom housing only costs S $300,000, and in mature areas it costs more than S $400,000, which is the real cabbage price.
3. Medical allowance
Singapore has developed medical facilities and high medical standards, which can increase the number of the whole family. According to the survey of the Global Health Organization, Singapore's medical system ranks sixth in the world. In addition, the cost of permanent residence in Singapore will be much lower than that of foreigners, and some projects can enjoy more government subsidies. For example, a BCG foreigner needs 1 1,000 yuan for an injection, while a permanent resident status only needs 1.7 yuan.
4. Good luck
As we all know, Singapore is the fourth largest international financial center in the world and one of the important service and shipping centers in Asia. Students with permanent residence status can greatly improve their employment opportunities and gain international work experience.
In Singapore, employees are entitled to at least 7 days of annual leave in their first year of service, with a maximum of 265,438+0 days. Most employees are entitled to two to three weeks of annual leave and paid sick leave. Singapore has 1 1 legal holidays every year. If the statutory holiday coincides with the employee's holiday (such as Sunday), the next working day will automatically become a paid holiday. But some companies or industries have different arrangements.
5. Provident fund system
Singapore's provident fund system began at 1955, which is the core of Singapore's social security system. After years of development, this system has become a comprehensive social security system integrating pension, medical care, housing, family security and other functions.
Singapore's provident fund system is open to all employed citizens and permanent residents. At present, the payment is 30% to 36% of the salary, of which employees pay 20% and employers pay 65,438+00% to 65,438+06%. When Singapore's economy is good, the contribution ratio of provident fund is as high as 40% to 50%.
6. Pension benefits
In Singapore, everyone has their own pension account, and everyone pays until the age of 55. If it reaches the minimum limit set by the government, it can be exempted.
7. Family reunion visa
Many international students can apply for permanent residence in Singapore after studying or graduating. Their parents and married in-laws can generally apply for long-term residence in Singapore. The validity period of this visa, the validity period of the permanent resident card that follows the child, is generally 5 years or 10 years, and multiple trips can be made. With this visa, parents and children can jointly set up companies and do business in Singapore.
Extended reading: reasons for emigrating to Singapore
1, for environment and safety. Singapore is recognized as a garden city in the world, with green plants and gardens everywhere. Every year, Singapore ranks among the best in the list of livable cities. Singapore's food safety and public safety are among the best in the world. More than 90% of food in Singapore is imported, but there is a strict testing system. It is said that the Singapore government invests about S $654.38 billion in food safety testing every year. Public security is also excellent, so single women don't have to worry about going out alone at night.
2. For better education. Singapore has the best bilingual education in the world, ranking first in the OECD global primary and secondary education. In programme for international student assessment, Singaporean students rank first in mathematics, reading and scientific literacy. In addition to public schools, there are also many international schools in Singapore that cater to the children of overseas officials or representatives of multinational companies in Singapore, such as Canadian International School, Australian International School, Singapore Stanford American International School, World Union College, Singapore Dewei International School and Huazhong International School, which can meet the needs of students of different nationalities. Many rich people and stars in the world, such as American financial tycoon Rogers, stars Jet Li, Zhao Wei and Cecilia Cheung, choose to send their children to study in Singapore, and they also take a fancy to these advantages. Whether children want to stay in Singapore or apply for universities in the United States, Canada, Australia, New Zealand and other big countries, they can connect seamlessly.
3. For career development. Singapore was selected as the "Global Business Environment" of the World Bank, ranking first in Asia; The inflow of high net worth individuals ranks first in Asia; It is the richest country in Asia and the third richest country in the world. Singapore enjoys political stability, a clean and pro-business government, a mature financial system, high freedom of trade and convenient air and sea transportation. Most importantly, Singapore is recognized as a low-tax paradise in the world. Singapore taxes according to the principle of territoriality, with a single tax system and low tax rate; Corporate income tax: 17% (domestic 25%); Personal income tax: 0-22%; No shareholder dividend tax, no capital gains tax, no inheritance tax; Signed tax agreements with more than 70 countries to avoid double taxation.
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