2. Introduction
Singapore may be the smallest country in
Southeast Asia but it has emerged as one of
the best places to live in Asia with a very high
quality of life measurement.
3. A Dream Destination!
Singapore has achieved the American dream, but not in the
American way. It is a prosperous, clean city, with imposing
skyscrapers and glittering shopping centers. The
multinational corporations of the world are welcome here;
you can buy any brand name you've ever heard of. The
highways are lined with tropical flowers and crowded with
BMWs.
4. Reasons for moving to Singapore
● Singapore is ranked #1 on the 'World's Easiest Place to
Do Business'
● Singapore's tax system is highly attractive owing to its
low tax rates and tax incentive.
● Quality of life in Singapore is comparable to Western
nations.
● The country is safe, environment friendly and
cosmopolitan.
5. How to move to Singapore
● Apply for a Visa. If you want to go for a holiday than
you need a tourist visa, or if you want to work in the
country, you need to obtain an employment pass.
● Find out what are the visa requirements for the country.
● Decide whether you will be working in the foreign
country. If so, you may need a work visa.
● Decide how you will fund everything for the move.
● Learn all that you can about the country.
● Check your eligibility.
6. Types of Singapore Visa
● Singapore Employment Pass
● Entrepreneur Pass
● Personalised Employment Pass
● Singapore Permanent Resident Visa
● Dependent/ Long Term Visit Pass
7. Singapore Employment Pass
Applicants must:
1. Be sponsored by a well-established company which is
based in Singapore;
2. Have a monthly salary of at least S$3,000 or more
3. Hold at least a diploma/degree* from a well-recognised
institutions; and/or
4. Equipped with 3-5 years of professional working
experience.
8. Entrepreneur Pass
Key Considering Factors:
1. Does the applicant has a viable business plan?
2. Do the applicant has S$50,000 as a paid-up capital for the new business?
3. Is the applicant willing to spending S$100,000 for the first 12 months of the
business?
4. Is the applicant willing to hire 2 local Singaporeans within the first 12
months?
9. Personalised Employment Pass
PEP holders can generally take on employment in any
sector.
The eligibility requirements for PEP are more stringent than
the Employment Pass.
PEP holders must earn an annual fixed salary of at least
$34,000 for each calendar year of the PEP.
10. Singapore Permanent Resident Visa
There are different kind of permanent residency scheme for
foreigners to migration to Singapore:
1. Skill-Migration scheme: This scheme is for foreign
professional who are now working in Singapore with eligible
work passes (Employment Passes, Personalised
Employment Passes, EntrePasses, S-Passes).
2. Global Investor Scheme: This scheme is for foreign
investors with good business background and willing to
invest S$ 2.5 million in Singapore.
3. FIS Scheme: This scheme is for foreign investors with
Net Asset of S$20 million and willing to invest at least S$
10 million in Singapore
11. Dependent/ Long Term Visit Pass
● S Pass and Employment Pass (EP) holders need to
earn a fixed monthly salary of at least $4,000 to sponsor
the stay of their spouses and children here.
● P1 Pass holders will no longer be able to bring in their
parents-in-law. They may still bring in their parents,
spouses and children.
● P2 Pass holders will no longer be able to bring in their
parents or parents-in-law. They may still bring in their
spouses and children.
12. Singapore immigration laws have been
constantly changing , seeking a professional’s
advice can truly make a big difference in
assessing your eligibility for any of the available
visas.
For more info visit: http://www.one-visa.com