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Singapore is one of the best countries in the world to live in. It has great healthcare, a low crime rate, good schools, and plenty of jobs and businesses. People are attracted to Singapore because it has many advantages compared to other Southeast Asian countries.
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It is not surprising that foreigners want to apply for PR (Permanent Resident) status so that they can enjoy the benefits it offers. PR status also puts you in a better position to apply for Singapore citizenship if all goes well.
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Every year many people go to live in Singapore every year. However, not everyone has to go through the same process. Applying for permanent residence applies to the entire family, the applicant, his or her spouse, and unmarried children under 21 years of age. The interest of reaching Singapore PR through many programs has led many foreigners from different countries to make this island their home. This is because this city is one of the most developed and stable countries in Asia. In addition, it also serves as a major financial hub in the region.
By getting a Singapore PR, you will be able to access many privileges and benefits that are only available to citizens. Benefit plans include:
At the same time, you have to be a little more assertive. This includes enlisting your sons for two years of compulsory military service when they turn 18.
Most foreigners get PR after working in the city for some years. However, there are other ways you can get Singapore PR status.
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Let’s take a look at five different permanent residency programs that Singapore offers. Depending on your situation and requirements, choose the one that is most suitable to help you live in this country.
You must also provide a salary with at least six months of salary and that you must be employed at the time of applying for permanent residence.
Another way to get permanent residence in Singapore is through the sponsored program, which is mainly aimed at spouses who are Singapore Citizens (SC) or Permanent Residents (PR), or unmarried children aged 21 and over who were born out of lawful wedlock. or legally required.
Investors who need Singapore PR can apply for one through the GIP program (Global Investor Program). In this program, at the start of the project, you can apply for permanent residence for yourself and your immediate family members. However, the minimum investment to start a business must be SGD 2.5 million, or you must invest the same amount in an established business in Singapore.
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Foreign investors wishing to pass through the investment will need to comply with one of three criteria.
Investors going for Option A will need to provide a 5-year business or future investment plan.
A) Your immediate family must own at least 30% of the shares or be a major shareholder in the company you use to be eligible;
A) You must be the founder and one of the largest individual shareholders of a company valued at $500 million;
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B) You must currently manage 1 company with an annual revenue of at least 200 million US dollars in the year immediately preceding the application, and at least 200 million US dollars per year compared to the three years preceding the application;
B) The company’s annual revenue must be at least 500 million dollars for the year immediately preceding the application, and at least 500 million dollars per year on average for the three years immediately preceding the application;
B) You must have investable assets of at least 200 million US dollars. , excluding real estate.)
C) If your company is privately owned, you must own at least 30% of the shares in the company;
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C) You must be a member of the company’s management team (eg C-suite/Board of Directors);
The visual arts scene in Singapore has seen tremendous growth in recent years. This is in line with the national goal of becoming a regional art club. Do you have an uncanny talent in music, dance, photography, art, literature, film, or theater?
If you answered yes, you can apply for Singapore permanent residency through the Foreign Arts Program (ForArts).
If the applicant does not meet the minimum requirements, he/she can apply for PR directly through the Immigration Office (ICA). ICA has different criteria for assessment and consideration.
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Singapore’s education system is globally competitive and graduating from one of their educational institutions can put you ahead of the rest.
Students with 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 receive PR status or are sponsored by their parents to apply for PR are required to register for National Service when they reach the age of 16 ½ years and register when they reach the age of 18.
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Singapore PR applications can be submitted quickly and easily through ICA’s e-Service. All you need is a valid SingPass account, and you’re all set to submit an online PR application. It doesn’t matter if you are a Singapore Citizen or Permanent Resident applying for a spouse or child (unmarried and under 21), an elderly parent, or a Passport/EP Pass holder applying for yourself – the process remains the same.
In terms of the required documents, each case is unique and the documents you need to submit depend on the type of PR program. To help, the ICA has provided a description and list of documents for each category of the program.
Students studying in Singapore can access the e-Service through their FIN or Foreigner Identification Number and date of entry notification.
Foreign investors and business owners who wish to obtain PR through the GIP program will need to go through the Singapore Economic Development Board’s Global Investor Program.
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Foreign artists and creative professionals who receive PR through the ForArts program will go through the National Arts Council (NAC) to apply.
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You will need to pay a processing fee of S$100, which is non-refundable to the PR applicant at the time of submission. You will not be refunded the application fee if your application is rejected.
It usually takes 6-12 months for the ICA to review and process each PR application, assuming all documents are properly submitted and submitted. Some applications may take longer than twelve months if the case is complex.
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You will find out if your PR application is approved or not through post or email but you can check the status of your application using MyICA or e-Service. You do not need to contact the ICA while they are processing your application.
Repeated or renewed applications from the same person are not accepted while the program is ongoing online.
Just like any other country, there are pros and cons to being a Singaporean. But the biggest problem here is that Singapore does not respect dual citizenship. Foreign nationals who want to apply for citizenship will need to renounce their citizenship if their application is approved. If you are not sure about renouncing your citizenship now, you can apply for Singapore PR status.
But that’s a bit backwards compared to what you’re seeing. The Singapore passport is considered one of the most powerful passports in the world as passport holders enjoy visas to more than 180 countries and territories. Citizens also enjoy subsidies for education, housing, employment, and healthcare.
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There are six steps to apply for Singapore citizenship, but it is not as easy as applying for permanent residency in Singapore.
In addition to the criteria mentioned above, the following factors play an important role in determining the results of citizenship. These include:
You can apply for Singapore citizenship online using ICA’s e-Service. But first, you need to prepare the following documents needed to apply.
You can also apply for the citizenship of your spouse and children as long as they are permanent and meet the conditions listed above.
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Your spouse will need some documents above. Your children will need a birth certificate, passport, and PR certificate. Find out if your family’s application is accepted or rejected at once.
The bottom line here is that you have to convince the Singapore government that you are good enough to be accepted.
All applications for Singapore citizenship must be submitted online using ICA’s e-Service. The file size of each document should not exceed 2MB.
If the application is successful, you will need to pay S$70