What are the benefits of Singapore immigration?

# Singapore Immigrants # Introduction As a developed country in Asia, Singapore has provided excellent services for the aged, education and medical care for its residents due to its superior social welfare and developed economy, which has also attracted the attention of overseas people. What benefits can I enjoy after immigrating to Singapore, and what are the immigration conditions? Kennet introduced you.

1. What are the benefits of Singapore immigration?

1. Education level In addition to world-renowned institutions of higher learning such as the National University of Singapore and Nanyang Technological University, Singapore can also provide bilingual education environment for the applicant's children in the basic education stage. The curriculum is basically the same as that of the Commonwealth countries, so it is easy to go to Europe and the United States for further study.

2. Social welfare

Singapore has implemented a social security system called Central Provident Fund (CPF). At first, the provident fund was just a pension plan. Employers and employees in Singapore pay a certain amount of money every month, and when they reach a certain age, citizens can start to receive a certain amount of old-age security. In the future, the deposits in the provident fund can also be used to buy a house, pay for medical expenses, pay for my own or children's education, and provide all aspects of protection for citizens' lives.

3. Commercial advantages

The individual income tax of Singapore residents does not exceed 22%, the corporate income tax 17% and the consumption tax 7%. In addition, there is no dividend tax, inheritance tax and capital gains tax, and the overall tax rate is low.

On the other hand, as one of the Asian financial centers, Singapore has attracted a lot of international investment. At the same time, with the diversification of economy, good progress has been made in product research and development and biomedicine.

2. How many ways are there to immigrate to Singapore?

Applicants who meet one of the following five conditions can apply to become Singapore citizens:

1, who has reached the age of 2 1 and has obtained permanent residency in Singapore for more than two years, can apply together with his spouse and unmarried children under the age of 2 1;

2. Married to a Singapore citizen for more than two years and obtained permanent residency for more than two years;

3. Unmarried children of 2 1 year-old born or legally adopted by Singapore citizens;

4. Being a permanent resident studying in Singapore, having lived for more than three years (with permanent resident status for at least one year), having passed at least one national examination, or taking a comprehensive course;

5. Elderly parents of Singapore citizens who have obtained permanent residency.

Foreigners who want to become permanent residents of Singapore need to meet one of the following conditions:

1, the spouse of a Singapore citizen or a permanent resident of Singapore;

2. Unmarried children under the age of 2 1 year who were born or legally adopted under the legal marriage of Singapore citizens or permanent residents;

3. Elderly parents of Singapore citizens;

4. Hold a work visa or an S visa;

5. Students studying in Singapore;

6. Foreign investors investing in Singapore.

These are the ways to obtain permanent residency and change from permanent residency to Singapore citizenship. After successfully immigrating to Singapore, applicants can enjoy Singapore's social security system and lower personal income tax, and their children can also enjoy high-quality educational resources. There are still many ways to obtain permanent residency in Singapore. Applicants can choose the most suitable way to successfully immigrate to Singapore according to their own situation.

3. Benefits of becoming a permanent resident of Singapore

Singapore's permanent residency has many of the same benefits as Singapore citizens, but it also makes the holder assume the responsibilities of Singapore citizens. The advantages of Singapore's permanent resident status are:

1. You can change jobs at will without canceling and re-applying for an employment permit;

2. If the application for permanent residence in Singapore is approved, you will get a blue card, allowing you to enter and leave the country without applying for a corresponding travel or work visa, and the blue card will be used as an identity card;

3. You can get the financial and tax benefits provided by the Singapore Central Provident Fund (CPF) plan;

4. There will be better opportunities to get loans, such as housing loans;

5. Will be able to purchase public housing units provided by the Housing Development Bureau (HDB);

6. You can also apply for the permanent residency of family members;

7. It will be a step closer to Singapore citizenship.

However, we must also abide by the responsibilities of Singapore residents. For example, if you have a son who has obtained permanent residency in Singapore, he must go to military service registration before the age of 16.5. Before they reach the age of 18, they will be called up for 2 years. In addition, they must participate in the national combat readiness service for 40 days every year until they reach the age of 50 or 40, depending on their ranks.

4. Who can become a permanent resident of Singapore?

If you meet one of the following conditions, you are eligible to apply for permanent residency in Singapore:

1. Holders of employment permit, individual employment permit, EntrePass or S permit: they must have worked in Singapore for at least six months before applying;

2. Spouses of Singapore permanent residents or Singapore citizens;

3. Children of Singapore permanent residents or citizens under 2 1. Must be unmarried and born or adopted in a legal marriage;

4. Elderly parents of Singapore citizens;

5. Student permit holders;

6. Foreign investors in Singapore: They must invest at least S $2.5 million in start-ups or established enterprises in Singapore.

5. How to apply for permanent residency in Singapore?

Singapore Immigration and Checkpoints Authority (ICA) is responsible for processing PA applications in Singapore. The application is completed online. It takes four to six months to apply for permanent residence in Singapore. Some applications may take longer, depending on the specific situation and whether you have all the necessary documents.

If the application is approved, you will receive a letter informing you of the result and how to proceed. You must make an appointment online so that you can visit the Singapore Permanent Resident Service Center, where you will receive your ID card.

In fact, in recent years, Singapore's requirements for permanent residence have become more and more stringent. For work visa holders, the income requirements are high, and the capital requirements of investment applicants are getting higher and higher, making it more and more difficult.