Which groups are suitable for Singapore immigrants?

Which groups are suitable for Singapore immigrants?

Suitable for people looking for "tax paradise"

High taxes are a headache for many business owners with huge funds. The tax system is becoming more and more perfect and harsh. For people with huge funds, to pay more taxes, Singapore projects can legally evade various taxes and optimize asset allocation! Singapore is a regional tax with a low tax system (corporate income tax-17%; Capital gains are tax-free), and overseas income does not need to be declared and taxed. There is no inheritance tax. This is why many successful people like you not only immigrated to Singapore as a whole, but also gradually transferred their personal assets to Singapore to avoid taxes reasonably and legally, while reducing costs and allowing assets to be passed down from generation to generation.

Suitable for people who need to enter and leave the country at any time.

Naturalization is simple and passports are universal. You can apply for naturalization after two years of permanent residency in Singapore. There is no mandatory residence requirement. After obtaining the Singapore passport, * * * visa-free 189 countries, including many big countries in Europe and America: Britain 180 days, Canada 180 days, the United States for 90 days and Japan for 90 days; At the same time, you can also exempt China 15 days!

Suitable for applicants who can't sit in the "immigration prison"

At present, my career is mainly in China, so I can't sit in an immigration prison, but I hope to make plans for myself and my family. One of the great advantages of Singapore is that children studying in Singapore can easily meet the requirements of immigration supervision, and it is not necessary for the applicant's whole family to live in Singapore. Moreover, there are only immigration supervision requirements for applicants who apply for permanent residence.

Suitable for people who want to develop overseas business and take into account domestic business.

Singapore is a veritable international trade and financial center and a transit point for Asian trade. It conducts free bilateral trade with the United States without tariffs. Setting up a company in Singapore can reduce the cost of export tariffs and play a role as a springboard for trade. At the same time, Singapore is 6 hours from Beijing and 5 hours from Shanghai. There is no time difference. Singapore is undoubtedly a good choice if you want to balance domestic business and overseas business. If you put your children in Singapore to study, you can rest assured that you can visit them at any time. Either your family moves to Singapore, or you can go back to China to visit relatives at any time. Compared with going to Europe, North America and Australia, you don't have to bear the pain and inconvenience caused by the fatigue of long-distance travel and jet lag.

Suitable for people who value children's education.

Singapore implements bilingual education, so that children can master fluent English without giving up their mother tongue. Children can attend government public schools and enjoy national education and a high-quality English education environment. The education system of Cambridge system makes children's achievements recognized by the world. You can easily enter famous schools such as the United States and Britain.

Suitable for people who want to get overseas status quickly.

Many family immigrants have to wait for a long time to be approved, which easily delays the planning of family, career and children's education. However, the project conditions and processes in Singapore are simple, and employment permits can be granted in 3-5 months.

Suitable for people who enjoy life and yearn for a zero-pressure living environment.

Chinese make up 77% of Singapore's population. The main communication language of Chinese is Chinese. Living habits and ways of thinking still retain the tradition of China. No matter the elderly who are over 80 years old or the young children, they don't need to adapt to the new living environment again. Living in Singapore, there is no feeling of being in a foreign land at all.

Further reading: Singapore's 2.5 million SGD GIP immigrants

1. Overview

Entrepreneurs who want to start a business in Singapore or move to GIP can apply for permanent residency (PR) in Singapore through the Global Businessman Program (GIP). Singapore's immigration policy has undergone many changes, and the Global Businessman Program (GIP) is now Singapore's direct immigration model. At present, most successful entrepreneurs in China who choose Singapore immigration have chosen this immigration scheme.

Suitable for the crowd: successful entrepreneurs

Advantages of 2.2. GIP immigrants

A. There is no academic requirement and the application period is short.

In addition to a successful entrepreneurial background, GIP immigrants in Singapore have no requirements for education, age and language. The whole application period of investment immigration is about 6-8 months, which is the fastest and most direct way to apply for Singapore immigration at present, and it is also one of the countries with the fastest investment immigration at present.

Step by step, the whole family emigrated.

At present, GIP immigrants can bring their spouses and children (under 2 1 year old) as affiliated applicants to apply for permanent residency through the Global Businessman Program. Parents can also apply for a long-term visit permit.

C. the investment risk is small and does not need management.

Unlike most immigrant countries, GIP immigrants in Singapore demand S $2.5 million in government-designated institutions, which are managed by professional managers, with low risks and high returns. And the government does not charge any application fee.

D. Singapore Chinese society, easy to adapt

The tax is extremely low, and the treasure is abundant in the sky. Fresh air and green living environment. A strong country in education and English teaching.

3. Application scheme

According to the regulations, you can choose any of the following schemes:

Option A: S $2.5 million to establish a new business entity or expand existing business operations.

Option B: Give at least one global business planner S $2.5 million.

4. Application conditions

To apply for permanent residency through the Global Businessman Program, you must have:

A. Rich business experience

B. Successful entrepreneurial background

Evaluation criteria for global business investor program applications:

A. You must have at least three years of entrepreneurial experience and submit the audited financial reports of the company for the last three years.

B the company must belong to one or more commercial fields in the industry list of scheme a. ..

The turnover of Company C in the last year should reach at least S $50 million, and the average annual turnover in the last three years should reach at least S $50 million. Companies with turnover must be the main companies that declare investment plans. Relevant information of other companies owned by the applicant can also be submitted to meet the minimum requirements of turnover.

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

5. List of industries where the applicant company is located:

Aviation industry, new energy industry, automobile engineering industry, chemical industry, consumer goods industry, electronics industry, energy industry, engineering service industry, medical service industry, information and communication products and services, logistics and supply chain management, ocean affairs and ocean engineering industry, media and entertainment industry, medical technology industry, nanotechnology industry, natural resources industry, insurance and safety industry, aerospace industry, shipping industry, medicine and biological science industry, precision engineering industry and professional service industry.

Further reading: the welfare of immigrants in Singapore

Singapore's low taxes and high welfare are completely different from China's. Singapore stipulates that every Singaporean citizen or permanent resident must have his own provident fund account, and every resident can add money to this account every month or every year. If he works in Singapore, the enterprise is obliged to pay the employee's provident fund account every month. This system is somewhat similar to the four major domestic funds, but there are also differences.

1. Singapore's CPF account is a private account. It will not participate in the overall planning. Pay more, you will get more. If you pay less, you will get less, or you may not pay. If the personal account is used up, it can be left to the children later.

2. The money in the provident fund account can be used for medical treatment, house purchase and children's education.

Before the age of 62, residents can enjoy a monthly pension after retirement as long as they deposit S $90,000 in their accounts.

You can withdraw this money when you are 82 years old or retire.

5. The medical level in Singapore is very high in the world, but the medical expenses in Singapore are not expensive. Generally, everyone can pay part of their account, and the government will subsidize part of it, plus part of the insurance company's claims, so most people can afford it.

Singapore's immigration benefits are more advantageous than domestic ones, and low taxes are also attractive, including many domestic entrepreneurs who choose to invest in Singapore. On the one hand, they can enjoy the benefits here without worrying about overseas taxes.