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Singapore is one of the best countries in the world to live in. It has good healthcare, low crime rates, good schools and lots of jobs and business opportunities. People are drawn to Singapore because it has so many advantages compared to other countries in Southeast Asia.
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It is not surprising that foreigners want to apply for a PR (Permanent Resident) status so that they can enjoy the benefits it provides. The PR status also puts you in a good position to apply for Singapore citizenship if all goes well.
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Many individuals take up permanent residency in Singapore annually. However, not everyone has to go through similar application procedures. The application for permanent residence applies to the whole family, the applicant, the spouse and children under 21 who are not married. The fascination of achieving Singapore PR through several schemes has led many foreigners of various backgrounds to make this island state their home. This is because this city is one of Asia’s most developed and stable places. In addition, it also serves as an important economic hub in the area.
By getting Singapore PR, you will be able to enjoy many rights and benefits that are only available to citizens. The range of benefits includes:
At the same time, you have to make some commitments. This includes enlisting your sons for two years of compulsory military service as soon as they turn 18.
The majority of foreigners get a PR after working in the city for a certain number of years. However, there are other ways you can get Singapore PR status.
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Let’s take a look at the five different permanent resident schemes that Singapore offers. Based on your individual circumstances and requirements, choose the one most suitable to help you settle in this country.
You must also submit a payslip with at least six months’ salary and that you must be currently employed when applying for permanent residence.
Another way to obtain permanent resident status in Singapore is through the sponsored scheme, which is mainly for those whose spouse is either a Singapore Citizen (SC) or Permanent Resident (PR), or whose unmarried children aged 21 and under were born in legal marriage or legally adopted.
Investors who need a Singapore PR can apply for the same through an investment scheme called the GIP scheme (Global Investor Programme). In this scheme, by starting a business, you can apply for permanent residence for yourself and your close family members. However, the minimum investment to start the business should be SGD 2.5 million or you must invest an equivalent amount in all established businesses in Singapore.
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Foreign investors who wish to take the investment route must follow one of the three options.
Investors who go for option A must provide a 5-year business or investment plan for the future.
A) Your immediate family should have at least a 30% stake or is the largest shareholder in the company you are using to qualify;
A) You must be a founder and one of the largest individual shareholders of a company with a value of at least S$500 million;
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B) You should currently be running a company 1 with an annual turnover of at least S$200 million in the year immediately preceding your application, and at least S$200 million per annum on average for the three years immediately preceding your application;
B) This company’s annual turnover must be at least S$500 million in the year immediately preceding your application, and at least S$500 million per year on average for the three years immediately preceding your application;
B) You must have net investable assets of at least S$200 million. (NB: Net Investable Assets includes all financial assets, such as bank deposits, capital market products, collective investment schemes, premiums paid in connection with life insurance policies and other investment products, excluding real estate.)
C) If your company is privately owned, you should have at least a 30% stake in the company;
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C) You must be part of the management of the company (e.g. C-suite / board of directors);
The artistic scenes in Singapore have witnessed massive growth in recent years. This is in line with the nation’s aim to become a regional art club. Do you have any talents in the form of music, dance, photography, art, literature, film or theatre?
If you answered yes, you can apply for permanent residency in Singapore via the Foreign Artistic Talent Scheme (ForArts).
If an applicant does not meet the minimum criteria, he or she can still apply directly for PR via the Immigration and Checkpoints Authority (ICA) website. ICA has different assessment criteria and considerations.
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Singapore’s education system is globally competitive and graduating from one of their educational institutions can put you ahead of everyone else.
Students who are holders of a Student Pass are eligible to apply for PR as long as they are studying in the country at the time of application.
Male applicants who have been granted PR status or were sponsored by their parents for a PR application must register for national service when they turn 16 ½ and enlist by the time they turn 18.
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Singapore PR applications can be submitted quickly and easily through ICA e-Service. All you need is a valid SingPass account and you’re ready to submit your PR application online. It doesn’t matter whether you are a Singapore citizen or permanent resident applying for a spouse or child (unmarried and under 21), an elderly parent or an EP/S Pass holder applying for yourself – the process remains the same.
As for the documents required, each case is unique and the documents you need to submit depend on the type of PR application. To help, ICA has provided an explanatory note and document list for each application category.
Students currently studying in Singapore can access the e-service via their FIN or Foreign Identification Number together with the date of issue of their immigration passport.
Foreign investors and business owners who wish to secure a PR through the GIP scheme must go through the Singapore Economic Development Board under the Global Investor Programme.
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Foreign artists and creative professionals securing a PR through the ForArts scheme will go through the National Arts Council (NAC) for their application.
If you feel overwhelmed with the whole process, you can always contact us. Contact us today and we will sort out your questions.
You will be required to pay a non-refundable processing fee of S$100 per PR applicant at the time of submission. You will not be refunded this application fee if your application is rejected.
It usually takes 6-12 months for the ICA to review and process each PR application, provided all documents are properly filed and submitted. Some applications may take longer than twelve months if the case is complex.
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You will know whether your PR application has been approved or not via post or e-mail, but you can check the status of the application via MyICA or e-Service. You do not need to contact ICA during the time they are processing your application.
Repeated or new applications for the same person will not be accepted while there is an ongoing application in the queue.
Like any other country, there are advantages and disadvantages to becoming a Singapore citizen. But the main drawback here is that Singapore does not respect dual citizenship. Foreign nationals who wish to apply for citizenship must renounce their current citizenship if the application is approved. If you are unsure whether to renounce your current citizenship, you might as well apply for a Singapore PR status.
But it’s a bit of a setback compared to what you get. The Singapore passport is considered one of the most powerful passports globally as passport holders have visa-free access to more than 180 countries and territories. Citizens also enjoy subsidies for education, housing, employment and health services.
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There are six steps to apply for Singapore citizenship, but they are not as easy as applying for permanent residency in Singapore.
Apart from the above criteria, the following aspects play a crucial role in determining the outcome of the citizenship application. These include:
You can apply for Singapore citizenship online through ICA e-Service. But beforehand, you need to prepare the following necessary documents for your application.
You can also submit an application for citizenship for your spouse and children as long as they are permanent residents and have met the eligibility criteria above.
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Your spouse needs the same documents above. Your children will require a birth certificate, passport and PR certificate. Please note that your family application will be approved or rejected at the same time.
The point here is that you need to convince the Singapore government that you are good enough to be approved.
All Singapore citizenship applications must be submitted online using the ICA e-service. Individual file sizes for documents should not exceed 2 MB.
If the application is successful, you will need to pay S$70
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