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How do Singapore immigrants save money? How much does it cost to immigrate to Singapore?
How to save money 1 Singapore Entrepreneurial Immigration Channel
The ideal is beautiful, but it is important to put it into practice. After planning to open a branch in Singapore, the first thing to be solved is the visa for China managers to land in Singapore.
Therefore, more and more China enterprises will take obtaining employment permit ep for entrepreneurial immigrants as the first step to open the Singapore market.
Singapore Employment Permit (EP) is a work visa issued by the Singapore government to attract foreign senior management talents and professional and technical talents to work in Singapore. Talents who can apply for EP have a better chance of winning in the process of applying for permanent residence in Singapore. According to the plan, applicants can apply for an employment permit of 1 to 2 years as long as they find a local employer in Singapore, or register a company and apply for a permit in the name of the company. The applicant can enter and leave the country indefinitely during his stay, and the permit can be extended as long as the applicant is still employed. At the same time, after obtaining EP permission 1-2 years through Singapore entrepreneurial immigrants, applicants can apply for permanent residence status in Singapore, which not only reduces the unnecessary refusal rate, but also provides more planning possibilities for the work and life of new executives.
However, with the expansion of 2065 438+05 MOM, three requirements have been added to ensure that local residents (PR and citizens) in Singapore are treated fairly. Under such a protection mechanism, it is not so easy for you to apply for EP in Singapore. However, if multinational executives are sent to work in Singapore branch and hold senior positions, they can apply for employment permit in Singapore and do not participate in the competition in the labor market, and the success rate will be higher.
From the commercial environment, tax environment, language environment and geographical location, Singapore is the best choice for many enterprises to expand the Asian market and the Asia-Pacific market. The employment permit of ICT(intra-corporatetransfers) is very suitable for the needs of executives of multinational companies.
After obtaining the Singapore EP (Employment Permit), the applicant can self-help customs clearance with the EP, making it more convenient to travel. At the same time, you can apply for family permission to land in Singapore for your spouse and children, and your children can also attend Singapore public schools. Applicants can apply for permanent residence status in Singapore after holding EP 1-2 years, and can apply for naturalization after obtaining permanent residence status for 2 years.
2. Taxation-cost saving
Singapore's low tax rate has always been talked about. To start a company in Singapore, the only thing that needs to be paid is corporate income tax, and the tax rate is only 17%. And it is a regional tax, and there is no capital gains tax and shareholder dividend tax. In addition, Singapore is a global trade center and has signed trade agreements with many countries. No matter which market your product is aimed at, you can achieve zero tariff-low tax is to save money!
Fee 1, Singapore skilled migration fee
(1) Singapore government charges
Residence permit fee 100 SGD/person, visa 20 SGD/person.
(2) Related expenses
Audit fee and notarization fee: 654.38+0 million yuan.
Translation fee: about 2000-5000 RMB.
Medical examination fee: S $200/person.
Real estate appraisal: 2‰ of the appraised value.
Shift fee of the Industrial and Commercial Bureau: 200-500 yuan RMB.
(3) Legal consultation service fee
This fee is subject to the service fee of the legal advisory service institution.
2. Investment and immigration costs in Singapore
(1) Singapore government charges
Visa fee: S $20 per person.
Residence permit fee 100 SGD/person.
(2) Relevant expenses for handling investment immigrants in Singapore.
Audit fee and notary fee
Translation fee
Real estate appraisal: 2% of the appraised value.
Travel expenses for interview and consultation.
Physical examination fee
Passport fee
Administration for Industry and Commerce transfer fees
(3) Investment cost in Singapore
Scheme A: invest S $5 million in bank deposits, capital market products, trust investment, insurance products or other financial investment products; Invest S $2 million in the real estate designated by the government and invest in the portfolio investment of top-up products.
Scheme B: Invest at least S $2 million, of which S $6,543,800,000 is used to purchase funds formulated by the government and S $6,543,800,000 is used to purchase real estate.
Scheme C: Invest S $6,543.8+5,000 to set up a company in Singapore or purchase a fund formulated by the government for 5 years.
Scheme D: Invest at least S $6,543,800 to set up a company in Singapore to engage in business activities permitted by the Singapore government.
The cost of skilled immigrants in Singapore is not static. For details, please visit official website, Singapore Immigration Bureau.
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