Five types of immigrants in Singapore

In recent years, more and more investors have obtained the status of permanent residents and citizens of Singapore through the Global Investor Program of Singapore Economic Development Board. The following are five types of immigrants from Singapore. Welcome to read!

Article 1 Five Types of Singapore Immigrants

1. Investment Immigrants According to the relevant policies and regulations of the Singapore government, foreigners with an investment of S $6,543,800+5,000 can directly apply to become permanent residents in Singapore. This plan is mainly for foreign entrepreneurs. The aim is to attract more entrepreneurs to invest in Singapore.

Investors must first register a limited company, and then submit investment plans and related documents. Investment funds are deposited with the Singapore government. Relevant investment projects must be operated for at least 5 years.

Family members of investors: spouses and children under 2 1 year-old can directly apply to become permanent residents. Parents can apply for long-term visas for their relatives to live in Singapore. If parents and parents-in-law need to apply for permanent residency at the same time, the deposit needs to be increased by S $300,000 for each additional applicant. Children over 2 1 year need to apply separately, and the chances of being approved are very high.

2. Skilled immigrants

The Singapore government welcomes talents from all over the world to work and settle in Singapore. Anyone with a college degree or above and professional and technical personnel can apply to become a permanent resident of Singapore. First of all, it must be hired by a local company. Obtain an employment permit (EP) first. Permit holders can submit an application for permanent residence to the Immigration Bureau and become permanent residents (PR) after being approved. It usually takes 3-6 months from application to approval.

3. Marriage migration

According to the relevant regulations of Singapore, anyone who marries a Singaporean citizen or permanent resident (male or female) is eligible to apply for permanent resident. However, the Immigration Bureau will conduct examination and approval according to the specific circumstances. In particular, in recent years, people who cheated permanent resident status through fake marriage were reported and their permanent resident status was cancelled.

4. Special immigrants

Overseas artistic talents (art, photography, dance, music, drama, literature, movies, etc.). ) can be evaluated by the Singapore National Arts Council and recommended to apply for permanent residence to the Immigration Bureau. Applicants need to submit detailed resumes and supporting documents (photo albums, newspaper reports, etc.) ).

5. Self-employed immigrants

As the name implies, it is to hire yourself to achieve the purpose of immigration. Applicants can register a company first, and then apply for employment permit EP to the Immigration Bureau as a director. You can also apply in the name of starting a company first, and then register the company after the immigration bureau approves the application for employment permit. After the company is registered, the immigration bureau will issue the employment permit EP after verification. After successfully applying for EP for months, you can apply for permanent residency.

Further reading: the strategy of Singapore immigrants buying a house

I. Classification of real estate

HDB apartments can only be purchased by citizens and permanent residents, and domestic and foreign private properties must be sold within six months after purchase.

Private properties, including apartments, townhouses, semi-independent and detached houses.

Second, the basic conditions of purchase

1. Only Singapore citizens can buy detached houses, semi-detached houses and townhouses with land. But foreigners can buy villas and townhouses on Sentosa Island. )

Foreigners or permanent residents can buy most apartment industries, including apartments that have lived for more than ten years.

Title deed of apartment: it is divided into permanent title deed, 999 title deed and 99 title deed.

Singapore apartment real estate area is the usable area, there is no pool, and each unit has free parking spaces, so there is no need to buy them separately. The monthly management fee varies according to the size of the unit and the facilities of the apartment, but usually the unit management fee for three rooms in a mid-range new apartment is about 400-600 dollars per month.

Third, the time needed to buy a house.

It takes 2-3 months for an existing house to deposit and complete the purchase procedures.

Faster delivery, from deposit to delivery, according to the project progress, up to about 3 years.

Fourth, the cost of buying a house.

House purchase fee: agency fee: 1%

Government stamp duty: 5, 400 yuan minus 3%.

Attorney's fee: from around S $3,500 (according to the value of the property).

Expenses after buying a house and becoming a homeowner: monthly management fee.

Annual real estate tax: 4% of the annual rental value (self-occupation)

65438+ 00% of annual rental value (for rent)

5. Payment method: There are two kinds, one is an existing house and the other is an auction house.

Existing houses:

Small deposit: 1%

Large deposit: 4% (the subscription right will be paid and executed within two weeks)

Government stamp duty: 3% less S $5,400 (paid within 4 days after exercising the subscription right/kloc-0).

Remaining amount: paid before the transaction is completed (usually within eight weeks after the exercise of the subscription right)

Faster house: installment payment