Singapore Immigration Conditions in 2020

The "Contact Singapore" organization initiated by the Singapore Enterprise Development Agency and other units has designed a global business investor plan for successful entrepreneurs who have rich business experience and are interested in using Singapore as a platform to expand their international business, so that applicants can directly apply for permanent residency in Singapore in one step, which is the only way to directly obtain PR so far.

This immigration method includes two schemes:

Invest at least S $2.5 million in the Global Business Investor Program Fund.

B invest at least s $2.5 million in Singapore to establish new business entities or expand existing business operations.

GIP's basic evaluation criteria for applicants include:

1. You must have at least three years of business experience and submit the audited financial reports of the companies you own in the last three years.

2. The company's turnover in the last year should reach at least S $50 million, and the average annual turnover in the last three years should also reach at least S $50 million.

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

Additional evaluation criteria are also proposed for applicants who choose option B:

1. Business or investment plans for the next five years, including recruitment plans and annual financial plans, must be submitted.

2. The applicant must achieve the objectives listed in the above business or investment plan within five years after investment.

3. The invested company must belong to the specified 25 commercial fields.

The advantages of this scheme are very obvious. The biggest advantage is that it is fast, direct and worry-free. The applicant's spouse and unmarried children (under 2 1 year old) can immigrate at the same time as the affiliated applicant, and parents, married children and children over 2 1 year old can also apply for a five-year long-term visit permit. And the application period is short, and you can land in Singapore in 6-8 months.

However, the shortcomings of GIP are also obvious. A large amount of capital investment and a strict resume will shut most investors out. Moreover, in recent years, the Singapore government's review of GIP applications has also increased year by year, which is mainly reflected in the comprehensive performance of the enterprises owned by the applicants and their integration and contribution to Singapore society, which has caused many independent applicants to be rejected many times.

EntrePass investment immigrants

EntrePass investment immigration is an exclusive investment immigration project customized by Baohe immigrants according to Singapore policies and the actual situation of customers, and it is the first choice for easily obtaining permanent residence status (PR) in Singapore. Applicants can obtain Singapore EntrePass by investing in a Singapore company. After the company's operation meets the requirements specified by the Singapore government, they can apply to the Singapore Immigration Bureau (ICA) for permanent residency and immigrate to Singapore.

2065438+In August 2007, the Singapore government revised the application conditions for business license.

According to the new policy, enterprises owned by applicants no longer need to meet at least one of the following four conditions:

1. Obtained the capital injection of venture capital or angel investment led by Singapore government,

2. Holding patents, intellectual property rights or copyrights approved by the national patent and intellectual property department,

3. Carry out R&D cooperation with R&D institutions recognized by Singapore A * Star (Science and Technology Research Agency) or universities in Singapore.

4. As an innovative enterprise in incubation, the enterprise has been recognized by institutions such as SPRINGSingapore and entered the incubation R&D project.

On this basis, the conditions for entrepreneurs, innovators and investors are relaxed, that is, applicants who meet the following criteria are also within the application scope of Entrepass:

A. Have a business network and entrepreneurial record, and have a high entrepreneurial performance, be able to start a highly scalable business, and hope to establish, develop and manage new or existing businesses in Singapore.

B. extraordinary achievements in key professional fields

C. Have a good record of investing in enterprises and hope to develop new or existing business in Singapore.

Because this scheme is customized by Baohe Immigrants for high-net-worth customers, although it is based on Entrepass' access to PR, the applicant does not need to run a company in Singapore, and does not need to bear the risks of company operation, with short cycle, quick signing, moderate investment and high success rate. Baohe immigrants have refused visas so far, which is the most reliable immigration channel for investing in Singapore.

skilled immigration

Skilled immigrants apply for Singapore PR by obtaining employment permits (including EP and S permits) and working in Singapore for several years with employment permits. This way is the main channel for highly educated people to settle in Singapore at present.

S pass

S Pass is a work permit established by the Ministry of Manpower to provide foreign employees with intermediate technical level. SP has quota requirements in every company. The number of SP licenses that a company can own in each service industry can only account for 65,438+00%-65,438+05% of the company's total employees, while the SP quota in other industries can reach at most 20% of the total employees. In other words, the company must have at least 10 employees to apply for 1 2 SP places.

Employment pass

The Employment Permit (EP) is issued by the Ministry of Manpower of Singapore, after which you can further apply for permanent residency in Singapore (PR).

Application requirements:

1. Bachelor degree or above, with professional certificate or special skills.

2. The salary usually requires more than S $3,600 per month (local university graduates have an advantage and may apply for a monthly salary slightly lower than S $3,600, while other university graduates will need a higher basic monthly salary).

3. The salary requirements for young people are low. The older and more experienced people are, the higher the salary requirements for applying for the permit will be.

After 2065438+2008 11,an EP with a monthly salary of more than 6,000 can apply for a visit permit for the spouse and children under 2 1. EP with monthly salary above 12000 can apply for long-term residence permit (LTVP) for parents. You can apply for PR after working for 6 months.

Advantages of skilled migration include: 1. Low cost. As a worker, I got a work visa and got paid every month. 2. It is relatively easy for family members to move to Singapore. As long as the monthly salary reaches S $5,000, employment permit holders can apply for family visas for spouses and children, and if the monthly salary reaches S $ 10000, they can apply for family visas for parents. 3. Free access to Singapore. However, the following disadvantages are inevitable: 1. The object of work and service is limited to the employer enterprise that provides guarantee. 2. Compared with PR and Singapore citizens, they have to bear higher tax burden in buying a house and buying a house. 3. They have higher requirements on income, education and personal background. Earn at least S $3,600 (just graduated from university), generally have a college degree or above, supplemented by some relevant work experience.

Study abroad immigrants

Since the end of last year, Singapore has finally opened up students to apply for PR! As long as students are studying in Singapore schools (including public and private schools), have lived in Singapore for at least two years, and have passed at least one national examination in Singapore, such as PSLE, Singapore-Cambridge GCEN/O/A level and IP (comprehensive project), they can apply for PR.

As long as they are full-time students (with eduTrust certificate) studying in public schools or private schools recognized by the government in Singapore, they can obtain student permits.

Need to analyze what kind of immigration project you are suitable for, please write privately ~