The following are three common ways to immigrate to Singapore.
Scheme 1: Singapore's 2.5 million SGD GIP immigrants.
I.
The following are three common ways to immigrate to Singapore.
Scheme 1: Singapore's 2.5 million SGD GIP immigrants.
I. Overview:
GIP stands for Global Businessman Program. Singapore's immigration policy has undergone many changes, and now it is Singapore's direct immigration model. Entrepreneurs who want to start a business in Singapore or move to GIP can apply for permanent residency (PR) in Singapore through the Global Businessman Program (GIP).
Second, the advantages of GIP immigrants in Singapore:
1. No academic requirements, short application period.
In addition to a successful entrepreneurial background, GIP immigrants in Singapore have no requirements for education, age and language. The whole application period is about 6-8 months, which is one of the fastest and most direct ways to apply for immigration to Singapore.
2. One step at a time, the whole family emigrated.
At present, GIP immigrants can bring their spouses and children (under 2 1 year old) as affiliated applicants to apply for permanent residency through the Global Businessman Program. Parents can also apply for a long-term visit permit.
3. The risk is small and no management is needed.
Unlike most immigrant countries, Singapore GIP immigrants charge S $2.5 million in government-designated institutions, which are managed by professional managers with little risk, and the government does not charge any application fees.
Third, the application plan
According to the provisions of this plan, you can choose any of the following schemes:
Option A: S $2.5 million to establish a new business entity or expand existing business operations.
Option B: Give at least one global business planner S $2.5 million.
Four. Application conditions
To apply for permanent residency through the Global Businessman Program, you must have:
A) rich business experience
B) successful entrepreneurial background
Evaluation criteria for global business investor program applications
A) You must have at least three years of entrepreneurial experience and submit the audited financial reports of the company for the last three years.
B) Your company must belong to one or more commercial fields in the industry list in Scheme A. ..
C) The company's turnover in the last year must reach at least S $50 million, and the average annual turnover in the last three years must reach at least S $50 million. You must use a company with turnover as the main company to declare the investment plan. You can also submit relevant information of other companies you own to meet the minimum requirements of turnover.
D) If your company is privately owned, you must hold at least 30% of the shares. Your responsibilities in the company and the profitability of the company will also be considered for approval.
Option 2: Entrepass of Singapore.
I. Overview
Singapore entrepreneurial immigrants obtain a business license by registering a Singapore company, and then further apply for a green card through the business license. Entrepreneurial Permit, also known as Business Entry Permit, is a work permit for foreign entrepreneurs, which is jointly examined by Singapore Ministry of Manpower (MOM), Singapore Bureau of Standards and New Zealand. If you are going to set up a new company in Singapore, you are eligible to apply for a business license, so as to further obtain permanent residency (PR) in Singapore and achieve the purpose of entrepreneurial immigration.
Second, the advantages of entrepreneurial immigrants:
1. The company does not need to operate first. You can't prepare to run the company until you get a business license.
2. The investment is small, and only S $50,000 registered capital is needed to apply for a business license.
3. High availability, and the registered capital of the company is controlled by itself. The company operates independently.
4. After the business license meets certain requirements, you can apply for a family license for your family, and your children can go directly to government schools.
5. There is no academic requirement.
Three, business license application conditions:
1. I am interested in starting a business in Singapore and have some management experience.
2. After the license is approved, you need to start a business in Singapore.
3. It must be a new company with a registration time of no more than 6 months.
However, we should pay attention to the following business license projects that are not considered by the government:
Coffee shop, food center, food plaza, bar, *, karaoke, lounge, pedicure, massage parlor, Chinese medicine, acupuncture, Chinese medicine dispensing, employment agency, Feng Shui master.
Four, entrepreneurial immigration approval criteria:
After the normal operation of the company 12- 14 months, the company can apply to the government for permanent residence (PR). Whether Singapore can approve permanent residence (PR) mainly depends on the personal conditions of the applicant and the operation of the company applying in Singapore. If the company does not contribute to Singapore's economy, does not provide staff positions, and does not pay provident fund and taxes, it will be difficult to get approval for applying for permanent residence in Singapore (PR).
Option 3: Singapore employment immigrants EP (also known as skilled immigrants)
I. Overview
Employment immigration is one of the three main ways of immigration in Singapore, aiming at completing the purpose of immigration by applying for employment permit. Singapore Employment Permit (EP) is a graded work permit issued by the Ministry of Manpower of Singapore. After successfully obtaining the permit, the applicant can further apply for permanent residence in Singapore (PR).
Second, the advantages of employment immigrants:
1. The investment is small, only the company is required to operate well, and there is no requirement for registered capital.
2. The approval of employment permit is generally 1-5 years.
3. Family members with employment certificates can directly apply for family certificates. Children can go directly to public primary and secondary schools.
4. Without academic qualifications, young applicants need to have a diploma from an excellent institution. Older candidates must have higher salary and corresponding work experience.
Three, employment immigration application conditions:
Companies that have been operating normally in Singapore have been hired with a monthly salary of more than 3,300. (You can also start your own company and hire yourself, or buy a company that is already in operation)
Four. Definition of self-employed employment permit
1. If you hold shares in the company and apply for employment permit (EP) as a shareholder of the company, it is defined as self-employed employment permit, and the applicant is the boss of the company.
2. If you don't hold the shareholder status, but apply as a director or employee of the company, it is a general employment permit (EP), and the applicant is an employee of the company. There is no difference between self-employed employment permit (EP) and employment permit (EP), but the role played by the applicant in the company is different. Because of the different roles of companies, there will be different approval criteria when applying for permanent residents (PR).
Five, employment immigration approval criteria
Employees: After 12- 14 months of normal work, they can apply to the government for permanent resident (PR) employee employment permit. Whether you can apply for permanent residence in Singapore depends mainly on educational background, license type, salary, time in Singapore, new property, family situation and other factors.
Shareholders: Whether the self-employed employment permit (EP) of the company's shareholders can be approved as permanent residents in Singapore (PR) mainly depends on the applicant's personal conditions, and will also refer to whether the company contributes to Singapore's economy, the provision of staff positions, the payment of provident fund, taxation and other aspects.