Six advantages of immigrating to Singapore

Six advantages of immigrating to Singapore

Advantage 1: freedom of entry and exit, no need for entry and exit supervision. After the successful application for Singapore's investment immigration project, I immediately got a green card. There is really no immigration supervision restriction. You can apply for naturalization after living for two years and one year, and you don't have to give up your job in China immediately.

Advantage 2: a low-tax paradise for the rich.

Singapore has abolished the inheritance tax. Singapore has long been famous for its low taxes, including extremely low corporate income tax and personal income tax, and has become the first choice for many Chinese businessmen to carry out tax planning.

Advantage 3: Excellent education combining Chinese and Western culture.

The most attractive thing about Singapore's education is that it has a world-recognized excellent education system, which enables children to master fluent English without giving up their mother tongue. Children can attend government (public) schools and enjoy at least ten years of national education (almost free) and a high-quality English education environment.

Advantage 4: convenient identity, global visa-free

With a Singapore passport, you can get visa-free treatment in more than 50 countries, and you can work in Singapore at any time without applying for a work or employment permit first.

Advantage 5: Good and sound social welfare.

Singapore has good social welfare and a sound medical system, and ordinary citizens can buy government apartments. Enjoy low-interest loans to ensure home ownership.

Advantage 6: There is no time difference between going back and forth in Chinese environment.

Singapore belongs to the Chinese world, most people can speak English and Chinese, and the language is easy to adapt. Moreover, it is convenient for China to travel to and from Singapore, saving money in a short time. Moreover, there is no time difference between China and Singapore, which also eliminates the pain of adjusting the time difference.

In addition, Singapore is also a springboard for the world market. With the signing of the free trade agreement, Singapore's bilateral trade is free and there are no tariffs. Singapore will become a veritable Asian trade transit point. Setting up your own company in Singapore to reduce the cost of export tariffs will be something that enterprises must consider.

Further Reading: Frequently Asked Questions of Investment Immigrants in Singapore

1. What is the annual quota for investment immigrants in Singapore?

There is no clear quota limit for investment immigrants in Singapore. Singapore has increased the strictness of the audit and the processing cycle has gradually become longer.

2. How about this project?

The project is very high, more than 95%, and the failure cases basically belong to: the application materials are too foam and the applicant's business background is very weak.

3. Can Singapore immigrate to Singapore simply by buying real estate?

No, we must cooperate with funds or industries.

4. If they are granted permanent residency, can parents immediately apply for a family visa to stay in Singapore for a long time? How long can each visa stay?

Yes, you can apply right away. Six months.

5. Does Singapore pay more than 60% of medical benefits? If it is similar to domestic medical benefits, it seems that there is no advantage.

Medical benefits in Singapore are similar to those in China. In fact, the present system in China is similar to that in Singapore. Almost every Singaporean will buy medical insurance in addition to paying the provident fund. Generally, medical treatment is part of personal payment, part of government subsidies and part of insurance company claims. Most Singaporeans can fully afford medical expenses.

Note: For high-asset investors who immigrate to Singapore, medical benefits are not their main concern, because they have bought insurance and can afford medical expenses. On the contrary, high welfare countries often have to bear heavy taxes, and Singapore is a low tax country.

6. Can children apply to study in Singapore immediately after applying for immigration?

Yes, Singapore schools will test children's English level. If he passes, he can go on studying directly. If he fails English and needs to be demoted, just apply to the Ministry of Education.

7. Do Singapore investment immigrants have immigration directors?

There is no immigration supervisor in Singapore. Unless you need to change your nationality, you need to live for two years 1 year.