Seven benefits enjoyed by permanent residents who immigrate to Singapore

1. Singapore Provident Fund: For all employed citizens and permanent residents. 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. 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%.

2. You can buy government rental housing at a low price: you can enjoy subsidies and low-interest loans when buying government apartments. When buying private property, you can also enjoy the corresponding stamp duty concessions.

3. Paid leave: You can get 2 1 day paid annual leave every year after working for more than one year. In addition, there are paid holidays such as sick leave, special leave, marriage leave and maternity leave.

4. There is no family planning policy to encourage childbearing.

5. Tax incentives

Overseas income earned by individual permanent residents is not taxed. Singapore has a progressive tax system. Except for personal income tax relief, the personal income tax rate remains between 0-20%, which is really gratifying compared with the relatively high domestic tax rate of 45%.

At the same time, individual residents have the right to enjoy personal income tax relief for child support, vocational training fees, insurance premiums and provident fund contributions.

The income tax rate of corporate tax is 17%, and the government also provides tax incentives for newly established low-income enterprises.

6. Old-age security: In Singapore, everyone has their own pension account, which is paid until they are 55 years old. If it reaches the lower limit set by the government, it can be exempted. Singapore permanent residents and citizens can receive a monthly government pension from the age of 62. If you die, the balance in the provident fund account can also be transferred to your beneficiary's name.

7. Family members can obtain permanent resident status at the same time: spouses and unmarried children under 2 1 can become permanent residents of Singapore together. In addition, unmarried children over 2 1 year old, parents and spouse parents can generally apply for long-term residence in Singapore. The validity of this visa is consistent with the applicant's valid residence status, and you can apply for a five-year long-term social visit permit at one time.

Application conditions for investment immigrants in Singapore

◆ The company has been established for more than 3 years with a registered capital of 1 10,000 yuan or more;

◆ The principal applicant holds more than 30% of the shares;

◆ The company belongs to industries other than real estate, construction and automobile 4s shops;

◆ The turnover of the company meets the requirements of the Immigration Bureau.