Can I immigrate to Singapore if I buy a house?

I am very happy to answer your question. I hope this answer will be helpful to you.

Singapore does not have a corresponding policy for immigrating to buy a house.

You can buy property in Singapore, but you cannot obtain immigration status by purchasing property.

Singapore’s current immigration requirements are as follows:

The Singapore Economic Development Board (EDB) investment immigration project has two options

A,

An investment of at least S$2.5 million is required to establish a new business entity or to expand an existing business operation. Applicants are required to submit a detailed three-year business or investment plan, which includes recruitment plans and annual

financial planning. And it needs to achieve the goals listed in the business or investment plan within three years after the investment, and submit audited financial statements at the end of the second, third and fourth years after the investment.

B. Invest at least S$2.5 million in a fund approved by the Global Business Investor Program.

Evaluation criteria:

1) Applicants must have at least three years of entrepreneurial experience and submit the company’s audit reports for the past three years.

2) If the company belongs to the real estate or construction-related industries, the company’s turnover in the last year must reach at least SGD 200 million, and the average annual turnover in the last three years must reach at least SGD 200 million. new currency.

3) If the company belongs to other industries, the company’s turnover in the last year must reach at least SGD 50 million, and the average annual turnover in the past three years must reach at least SGD 50 million.

4) Applicants must use the company with the highest turnover as the main company to declare the investment plan. Applicants can also submit information about other companies they own to meet the minimum turnover requirement.

5) Applicants must hold at least 30% of the equity. The applicant's scope of responsibilities within the company and the company's profitability will also be considered for approval.

In recent years

Singapore has attracted a large number of investors from China due to its loose investment immigration policy, lack of “immigration supervision”, fast processing time, and livable living environment. of applicants. In 2011, the Singaporean government began to pause

to reflect on its immigration policy. When the government discovered that the immigration policies of previous years had mainly focused on the financial strength of applicants, there were no requirements for residence. Most applicants regard immigration as a preparation and guarantee for their children's education in the future. Applicants who are actually settling in Singapore account for less than 5% of all approved applicants. On the other hand, Singapore’s current immigration policy requires applicants to purchase government-approved funds, and the impact and stimulus of the fund’s investment on the economy is not so direct

and is not as good as the increase in employment rate in the U.S. investment immigration policy. It has a very direct meaning. Therefore, since 2012, the business turnover and shareholding ratio of Singapore investment immigration applicants have increased significantly, and the pass rate has become lower and lower.