SlideShare a Scribd company logo
PERMANENT RESIDENCE SINGAPORE
Copyright © 2012 Rikvin Pte LtdLast updated on October 31, 2012
PERMANENT RESIDENCE FOR PTS
Singapore has emerged as one of the top thriving cosmopolitan
cities in the world with its diverse culture and vibrant economy.
Given its political and financial stability, Singapore appeals to
investors all over the world to invest both in the country and other
economies in the Asia-Pacific region. A dynamic and rich city-state,
it’s the chosen place for many to call home.
Live & Play. Singapore is a preferred city to many in the world for
its clean and safe environment. It has been voted the best place
to live, work and play in Asia, a place where people experience a
wholesome and rich environment to raise their children and make
a home.
Work & Invest. Singapore has one of the most competitive
corporate tax regimes in the world. The country’s extensive trade
links also provide companies with greater market connectivity.
Singapore has numerous free trade agreements in Asia as well as
with the US, Australia, New Zealand, Chile, Panama and members
of the European Free Trade Association. In addition, Singapore has
signed 35 investment guarantee agreements, designed to help
protect investments made by Singapore-based companies in other
countries against non-commercial risks.
Singapore
•	 Voted best place to live, work
and play in Asia
•	 One of the most competitive
corporate tax regimes
Copyright © 2012 Rikvin Pte LtdLast updated on October 31, 2012
PERMANENT RESIDENCE FOR PTS
Singapore has been keeping an open door
immigration policy to attract foreign talent and
to maintain a healthy population growth. The
driving factor has always been an economic
one. The low birth rate and the need to improve
human capital in Singapore have been the two
main impetuses that led to the escalation in
Singapore’s population growth in the last two
decades. Foreign talent is an invaluable asset to
a competitive economy. Singapore has made a
concerted effort in courting and retaining foreign
talent through various schemes including the
benefit of permanent residence status.
There are four schemes through which a
foreigner can apply for Singapore PR status-
namely the Professional/ Technical Personnel
and Skilled Workers Scheme (PTS), Scheme for
Investors, Scheme for Foreign Artistic Talent
and lastly a Landed PR for the super qualified
individuals with exemplary qualifications.
A significant majority of the PR applications
are made under the PTS scheme, which is the
most certain route to obtain PR. Invariably
the immigrants working here, aspire to make
Singapore their second home, thus they become
eligible under the scheme accounting for the
popularity of the scheme. The selection process
however has remained strict and the recent
developments have made it more stringent.
A prospective applicant under the PTS scheme
must be a holder of P, Q or S type pass and should
not be more than 60 years of age. Applicant’s
family, that is, spouse and unmarried children
under 21 years of age, can also be included in the
application. The chances of approval are higher
for applicants who have stayed in Singapore
for at least two years consecutively and have
remained gainfully employed during the period.
Applicants must have a clean chit of conduct
and must posses impressive educational
qualifications or command proficiency in skills
that are in demand. The value addition that an
applicant will bring to the country, family ties in
Singapore, salary, financial standing, consistency
of employment are some of the factors that will
be considered closely.
Prospective applicants must take note of the
commitments that come along with the PR
status. Male children who are granted PR along
Copyright © 2012 Rikvin Pte LtdLast updated on October 31, 2012
with the main applicant must register for National
Service upon reaching the age of 16½ years. They
will be enlisted for a two year fulltime NS upon
reaching 18 years of age and thereafter will be
required to serve 40 days of Operationally Ready
NS every year, until they are 50 years of age or 40
years in the case of non-officers.
It is recommended to wait for at least twelve
monthsafteryouhavestartedworkinginSingapore
before applying for permanent residence with
Immigration and Checkpoints Authority of
Singapore (ICA).
Next Steps:
If you qualify for PTS scheme, we can help you
process and submit your application. Our fees for
the evaluation and submission for the permanent
residence scheme is S$1500.00.
Copyright © 2015 Rikvin Pte Ltd
RIKVIN PTE LTD
30 Cecil Street, #19-08 Prudential Tower,
Singapore 049712
Main Line : (+65) 6320 1888
Fax : (+65) 6438 2436
Email : info@rikvin.com
Website : www.rikvin.com
Reg No 200100602K
EA License No 11C3030
The information contained herein is intended for general
information purposes only and shall not be regarded as
professional advice. Readers are therefore advised that
before acting on any matter arising from these notes, they
should discuss their particular situation with the Firm. No
liability can be accepted for any action taken as result of
reading the notes without prior consultation with regard
to all relevant factors.
DOWNLOAD THE RIKVIN MOBILE APP
FOLLOW US ON:

More Related Content

What's hot

Singapore Personal Tax 2018
Singapore Personal Tax  2018Singapore Personal Tax  2018
Singapore Personal Tax 2018
Rikvin Pte Ltd
 
Singapore Work Pass Factsheet
Singapore Work Pass FactsheetSingapore Work Pass Factsheet
Singapore Work Pass Factsheet
Rikvin Pte Ltd
 
Iyep_Poster (2)
Iyep_Poster (2)Iyep_Poster (2)
Iyep_Poster (2)
Mohamed Elsaghir
 
Worldwide Expatriate Services
Worldwide Expatriate ServicesWorldwide Expatriate Services
Worldwide Expatriate Services
Mazars Qld (Formerly Hanrick Curran)
 
USA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATION
USA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATIONUSA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATION
USA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATION
Ajmera Law Group - Global Investment Advisors
 
Registering a branch in Singapore
Registering a branch in SingaporeRegistering a branch in Singapore
Registering a branch in Singapore
First Trust Corporate Services Pte Ltd
 
Incorporating a company in Singapore
Incorporating a company in SingaporeIncorporating a company in Singapore
Incorporating a company in Singapore
First Trust Corporate Services Pte Ltd
 
Entrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company RegistrationEntrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company Registration
Rikvin Pte Ltd
 
Business Talent visa
Business Talent visaBusiness Talent visa
Business Talent visa
sydneymigration
 
Rogers Katuma bio(cv)
Rogers Katuma bio(cv)Rogers Katuma bio(cv)
Rogers Katuma bio(cv)
Rogers Emmanuel Katuma
 
Primer on Doing Bussiness in the Philippines
Primer on Doing Bussiness in the PhilippinesPrimer on Doing Bussiness in the Philippines
Primer on Doing Bussiness in the Philippines
Dir. Mary Rose Magsaysay MPA
 
Kelly Services Indonesia Salary Guide 2011/2012
Kelly Services Indonesia Salary Guide 2011/2012Kelly Services Indonesia Salary Guide 2011/2012
Kelly Services Indonesia Salary Guide 2011/2012
xvader
 
26-29_SP Feature (Pay structures)_15.07
26-29_SP Feature (Pay structures)_15.0726-29_SP Feature (Pay structures)_15.07
26-29_SP Feature (Pay structures)_15.07
Sham Majid
 
Manitoba Immigration | Manitoba Provincial Nominee Program
Manitoba Immigration | Manitoba Provincial Nominee ProgramManitoba Immigration | Manitoba Provincial Nominee Program
Manitoba Immigration | Manitoba Provincial Nominee Program
ManishSharma1645
 
Research Associate Job at NRI Angels
Research Associate Job at NRI AngelsResearch Associate Job at NRI Angels
Research Associate Job at NRI Angels
Shishir Gupta
 
Working in Australia
Working in AustraliaWorking in Australia
Working in Australia
Morgan McKinley
 
Business Innovation visa and Investor visa Australia
Business Innovation visa and Investor visa AustraliaBusiness Innovation visa and Investor visa Australia
Business Innovation visa and Investor visa Australia
sydneymigration
 
Manitoba PNP Business immigration program
Manitoba PNP Business immigration program Manitoba PNP Business immigration program
Manitoba PNP Business immigration program
Ajmera Law Group - Global Investment Advisors
 
Ibt presentation
Ibt presentationIbt presentation
Ibt presentation
SAHILDOGRA26
 

What's hot (19)

Singapore Personal Tax 2018
Singapore Personal Tax  2018Singapore Personal Tax  2018
Singapore Personal Tax 2018
 
Singapore Work Pass Factsheet
Singapore Work Pass FactsheetSingapore Work Pass Factsheet
Singapore Work Pass Factsheet
 
Iyep_Poster (2)
Iyep_Poster (2)Iyep_Poster (2)
Iyep_Poster (2)
 
Worldwide Expatriate Services
Worldwide Expatriate ServicesWorldwide Expatriate Services
Worldwide Expatriate Services
 
USA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATION
USA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATIONUSA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATION
USA EB-5 - CANADA / QUEBEC INVESTOR IMMIGRATION
 
Registering a branch in Singapore
Registering a branch in SingaporeRegistering a branch in Singapore
Registering a branch in Singapore
 
Incorporating a company in Singapore
Incorporating a company in SingaporeIncorporating a company in Singapore
Incorporating a company in Singapore
 
Entrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company RegistrationEntrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company Registration
 
Business Talent visa
Business Talent visaBusiness Talent visa
Business Talent visa
 
Rogers Katuma bio(cv)
Rogers Katuma bio(cv)Rogers Katuma bio(cv)
Rogers Katuma bio(cv)
 
Primer on Doing Bussiness in the Philippines
Primer on Doing Bussiness in the PhilippinesPrimer on Doing Bussiness in the Philippines
Primer on Doing Bussiness in the Philippines
 
Kelly Services Indonesia Salary Guide 2011/2012
Kelly Services Indonesia Salary Guide 2011/2012Kelly Services Indonesia Salary Guide 2011/2012
Kelly Services Indonesia Salary Guide 2011/2012
 
26-29_SP Feature (Pay structures)_15.07
26-29_SP Feature (Pay structures)_15.0726-29_SP Feature (Pay structures)_15.07
26-29_SP Feature (Pay structures)_15.07
 
Manitoba Immigration | Manitoba Provincial Nominee Program
Manitoba Immigration | Manitoba Provincial Nominee ProgramManitoba Immigration | Manitoba Provincial Nominee Program
Manitoba Immigration | Manitoba Provincial Nominee Program
 
Research Associate Job at NRI Angels
Research Associate Job at NRI AngelsResearch Associate Job at NRI Angels
Research Associate Job at NRI Angels
 
Working in Australia
Working in AustraliaWorking in Australia
Working in Australia
 
Business Innovation visa and Investor visa Australia
Business Innovation visa and Investor visa AustraliaBusiness Innovation visa and Investor visa Australia
Business Innovation visa and Investor visa Australia
 
Manitoba PNP Business immigration program
Manitoba PNP Business immigration program Manitoba PNP Business immigration program
Manitoba PNP Business immigration program
 
Ibt presentation
Ibt presentationIbt presentation
Ibt presentation
 

Similar to Singapore Permanent Residence – PTS Scheme

Singapore Global Investor Programme
Singapore Global Investor ProgrammeSingapore Global Investor Programme
Singapore Global Investor Programme
Maverick Tan
 
Financial Investor Scheme
Financial Investor SchemeFinancial Investor Scheme
Financial Investor Scheme
rikvinsingapore
 
Rikvin financial investor scheme
Rikvin financial investor schemeRikvin financial investor scheme
Rikvin financial investor scheme
shaynehughes
 
Singapore
SingaporeSingapore
Singapore
jileh
 
Singapore Financial Investor Scheme
Singapore Financial Investor SchemeSingapore Financial Investor Scheme
Singapore Financial Investor Scheme
Maverick Tan
 
Social Studies Chapter 5 Why is there Greater Diversity in Singapore Now
Social Studies Chapter 5 Why is there Greater Diversity in Singapore NowSocial Studies Chapter 5 Why is there Greater Diversity in Singapore Now
Social Studies Chapter 5 Why is there Greater Diversity in Singapore Now
Goh Bang Rui
 
Abhinav Outsourcings Hongkong Immigration
Abhinav Outsourcings Hongkong ImmigrationAbhinav Outsourcings Hongkong Immigration
Abhinav Outsourcings Hongkong Immigration
Abhinav Immigration Services Pvt. Ltd.
 
Abhinav outsourcings Hongkong Immigration-Brochure!
Abhinav outsourcings Hongkong Immigration-Brochure!Abhinav outsourcings Hongkong Immigration-Brochure!
Abhinav outsourcings Hongkong Immigration-Brochure!
Abhinav Immigration Services Pvt. Ltd.
 
Doing Business in Singapore 2015-2016 by Mazars
Doing Business in Singapore 2015-2016 by MazarsDoing Business in Singapore 2015-2016 by Mazars
Doing Business in Singapore 2015-2016 by Mazars
Mazars Asia Pacific
 
Visafinally caregivinggg
Visafinally caregivingggVisafinally caregivinggg
Visafinally caregivinggg
Anton Laus
 
Entrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company RegistrationEntrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company Registration
Rikvin Pte Ltd
 
Immigration and Visas for International Medics
Immigration and Visas for International MedicsImmigration and Visas for International Medics
Immigration and Visas for International Medics
Odyssey Recruitment
 
All about Singapore Permanent resident
All about Singapore Permanent residentAll about Singapore Permanent resident
All about Singapore Permanent resident
Putra Eddy
 
All about becoming Singapore PR
All about becoming Singapore PRAll about becoming Singapore PR
All about becoming Singapore PR
Ottavia Group
 
10 Reasons why Singapore is an attractive investment destination
10 Reasons why Singapore is an attractive investment destination10 Reasons why Singapore is an attractive investment destination
10 Reasons why Singapore is an attractive investment destination
Crowe Singapore
 
7 reasons why registering company in singapore is best choice for foreigners
7 reasons why registering company in singapore is best choice for foreigners7 reasons why registering company in singapore is best choice for foreigners
7 reasons why registering company in singapore is best choice for foreigners
alex kim
 
EBC0029 Legal Salary Survey and Market Update SG
EBC0029 Legal Salary Survey and Market Update SGEBC0029 Legal Salary Survey and Market Update SG
EBC0029 Legal Salary Survey and Market Update SG
Linus Choo
 
The Star-Leo Ndabambi
The Star-Leo NdabambiThe Star-Leo Ndabambi
The Star-Leo Ndabambi
Leo Ndabambi
 
10-Year LTR Visa for Long-Term Residents
10-Year LTR Visa for Long-Term Residents10-Year LTR Visa for Long-Term Residents
10-Year LTR Visa for Long-Term Residents
Thailand Board of Investment North America
 
Investor Visa in Singapore
Investor Visa in SingaporeInvestor Visa in Singapore
Investor Visa in Singapore
BridgeWest.eu
 

Similar to Singapore Permanent Residence – PTS Scheme (20)

Singapore Global Investor Programme
Singapore Global Investor ProgrammeSingapore Global Investor Programme
Singapore Global Investor Programme
 
Financial Investor Scheme
Financial Investor SchemeFinancial Investor Scheme
Financial Investor Scheme
 
Rikvin financial investor scheme
Rikvin financial investor schemeRikvin financial investor scheme
Rikvin financial investor scheme
 
Singapore
SingaporeSingapore
Singapore
 
Singapore Financial Investor Scheme
Singapore Financial Investor SchemeSingapore Financial Investor Scheme
Singapore Financial Investor Scheme
 
Social Studies Chapter 5 Why is there Greater Diversity in Singapore Now
Social Studies Chapter 5 Why is there Greater Diversity in Singapore NowSocial Studies Chapter 5 Why is there Greater Diversity in Singapore Now
Social Studies Chapter 5 Why is there Greater Diversity in Singapore Now
 
Abhinav Outsourcings Hongkong Immigration
Abhinav Outsourcings Hongkong ImmigrationAbhinav Outsourcings Hongkong Immigration
Abhinav Outsourcings Hongkong Immigration
 
Abhinav outsourcings Hongkong Immigration-Brochure!
Abhinav outsourcings Hongkong Immigration-Brochure!Abhinav outsourcings Hongkong Immigration-Brochure!
Abhinav outsourcings Hongkong Immigration-Brochure!
 
Doing Business in Singapore 2015-2016 by Mazars
Doing Business in Singapore 2015-2016 by MazarsDoing Business in Singapore 2015-2016 by Mazars
Doing Business in Singapore 2015-2016 by Mazars
 
Visafinally caregivinggg
Visafinally caregivingggVisafinally caregivinggg
Visafinally caregivinggg
 
Entrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company RegistrationEntrepreneur’s Handbook: Singapore Company Registration
Entrepreneur’s Handbook: Singapore Company Registration
 
Immigration and Visas for International Medics
Immigration and Visas for International MedicsImmigration and Visas for International Medics
Immigration and Visas for International Medics
 
All about Singapore Permanent resident
All about Singapore Permanent residentAll about Singapore Permanent resident
All about Singapore Permanent resident
 
All about becoming Singapore PR
All about becoming Singapore PRAll about becoming Singapore PR
All about becoming Singapore PR
 
10 Reasons why Singapore is an attractive investment destination
10 Reasons why Singapore is an attractive investment destination10 Reasons why Singapore is an attractive investment destination
10 Reasons why Singapore is an attractive investment destination
 
7 reasons why registering company in singapore is best choice for foreigners
7 reasons why registering company in singapore is best choice for foreigners7 reasons why registering company in singapore is best choice for foreigners
7 reasons why registering company in singapore is best choice for foreigners
 
EBC0029 Legal Salary Survey and Market Update SG
EBC0029 Legal Salary Survey and Market Update SGEBC0029 Legal Salary Survey and Market Update SG
EBC0029 Legal Salary Survey and Market Update SG
 
The Star-Leo Ndabambi
The Star-Leo NdabambiThe Star-Leo Ndabambi
The Star-Leo Ndabambi
 
10-Year LTR Visa for Long-Term Residents
10-Year LTR Visa for Long-Term Residents10-Year LTR Visa for Long-Term Residents
10-Year LTR Visa for Long-Term Residents
 
Investor Visa in Singapore
Investor Visa in SingaporeInvestor Visa in Singapore
Investor Visa in Singapore
 

More from Rikvin Pte Ltd

How to Register a Company in Singapore in 10 Simple Steps
How to Register a Company in Singapore in 10 Simple Steps How to Register a Company in Singapore in 10 Simple Steps
How to Register a Company in Singapore in 10 Simple Steps
Rikvin Pte Ltd
 
Guide to the startup SG Tech Scheme
Guide to the startup SG Tech SchemeGuide to the startup SG Tech Scheme
Guide to the startup SG Tech Scheme
Rikvin Pte Ltd
 
Guide to Estimated chargeable Income
Guide to Estimated chargeable IncomeGuide to Estimated chargeable Income
Guide to Estimated chargeable Income
Rikvin Pte Ltd
 
Options for Tax Return Filing For Singapore company
Options for Tax Return Filing For Singapore companyOptions for Tax Return Filing For Singapore company
Options for Tax Return Filing For Singapore company
Rikvin Pte Ltd
 
India Singapore DTAA revised 2017
India Singapore DTAA revised 2017India Singapore DTAA revised 2017
India Singapore DTAA revised 2017
Rikvin Pte Ltd
 
12 ways to get more from your business relationships
12 ways to get more from your business relationships12 ways to get more from your business relationships
12 ways to get more from your business relationships
Rikvin Pte Ltd
 
20 rules of angel investing
20 rules of angel investing20 rules of angel investing
20 rules of angel investing
Rikvin Pte Ltd
 
Incorporating a Tech Start-up in Singapore
Incorporating a Tech Start-up in SingaporeIncorporating a Tech Start-up in Singapore
Incorporating a Tech Start-up in Singapore
Rikvin Pte Ltd
 
Singapore Permanent Resident and Citizen Trends between 2010 and 2015
Singapore Permanent Resident and Citizen Trends between 2010 and 2015Singapore Permanent Resident and Citizen Trends between 2010 and 2015
Singapore Permanent Resident and Citizen Trends between 2010 and 2015
Rikvin Pte Ltd
 
Marshall Island Offshore Company Registration Guide
Marshall Island Offshore Company Registration GuideMarshall Island Offshore Company Registration Guide
Marshall Island Offshore Company Registration Guide
Rikvin Pte Ltd
 
Singapore Partnership
Singapore PartnershipSingapore Partnership
Singapore Partnership
Rikvin Pte Ltd
 
Singapore Incorporation Company Guide 2016
Singapore Incorporation Company Guide 2016Singapore Incorporation Company Guide 2016
Singapore Incorporation Company Guide 2016
Rikvin Pte Ltd
 
Singapore Employment Act Guide
Singapore Employment Act GuideSingapore Employment Act Guide
Singapore Employment Act Guide
Rikvin Pte Ltd
 
Singapore Productivity and Innovation Credit Scheme Guide
Singapore Productivity and Innovation Credit Scheme GuideSingapore Productivity and Innovation Credit Scheme Guide
Singapore Productivity and Innovation Credit Scheme Guide
Rikvin Pte Ltd
 
Singapore Company Secretary Guide
Singapore Company Secretary GuideSingapore Company Secretary Guide
Singapore Company Secretary Guide
Rikvin Pte Ltd
 
Seychelles Offshore Incorporation Guide
Seychelles Offshore Incorporation GuideSeychelles Offshore Incorporation Guide
Seychelles Offshore Incorporation Guide
Rikvin Pte Ltd
 
Trademark, Copyright and Patent Registration Guide
Trademark, Copyright and Patent Registration GuideTrademark, Copyright and Patent Registration Guide
Trademark, Copyright and Patent Registration Guide
Rikvin Pte Ltd
 
Singapore Tax Incentives Guide
Singapore Tax Incentives GuideSingapore Tax Incentives Guide
Singapore Tax Incentives Guide
Rikvin Pte Ltd
 
Singapore Subsidiary Company Registration Guide
Singapore Subsidiary Company Registration GuideSingapore Subsidiary Company Registration Guide
Singapore Subsidiary Company Registration Guide
Rikvin Pte Ltd
 
RikvinCONNECT – April 2016
RikvinCONNECT – April 2016RikvinCONNECT – April 2016
RikvinCONNECT – April 2016
Rikvin Pte Ltd
 

More from Rikvin Pte Ltd (20)

How to Register a Company in Singapore in 10 Simple Steps
How to Register a Company in Singapore in 10 Simple Steps How to Register a Company in Singapore in 10 Simple Steps
How to Register a Company in Singapore in 10 Simple Steps
 
Guide to the startup SG Tech Scheme
Guide to the startup SG Tech SchemeGuide to the startup SG Tech Scheme
Guide to the startup SG Tech Scheme
 
Guide to Estimated chargeable Income
Guide to Estimated chargeable IncomeGuide to Estimated chargeable Income
Guide to Estimated chargeable Income
 
Options for Tax Return Filing For Singapore company
Options for Tax Return Filing For Singapore companyOptions for Tax Return Filing For Singapore company
Options for Tax Return Filing For Singapore company
 
India Singapore DTAA revised 2017
India Singapore DTAA revised 2017India Singapore DTAA revised 2017
India Singapore DTAA revised 2017
 
12 ways to get more from your business relationships
12 ways to get more from your business relationships12 ways to get more from your business relationships
12 ways to get more from your business relationships
 
20 rules of angel investing
20 rules of angel investing20 rules of angel investing
20 rules of angel investing
 
Incorporating a Tech Start-up in Singapore
Incorporating a Tech Start-up in SingaporeIncorporating a Tech Start-up in Singapore
Incorporating a Tech Start-up in Singapore
 
Singapore Permanent Resident and Citizen Trends between 2010 and 2015
Singapore Permanent Resident and Citizen Trends between 2010 and 2015Singapore Permanent Resident and Citizen Trends between 2010 and 2015
Singapore Permanent Resident and Citizen Trends between 2010 and 2015
 
Marshall Island Offshore Company Registration Guide
Marshall Island Offshore Company Registration GuideMarshall Island Offshore Company Registration Guide
Marshall Island Offshore Company Registration Guide
 
Singapore Partnership
Singapore PartnershipSingapore Partnership
Singapore Partnership
 
Singapore Incorporation Company Guide 2016
Singapore Incorporation Company Guide 2016Singapore Incorporation Company Guide 2016
Singapore Incorporation Company Guide 2016
 
Singapore Employment Act Guide
Singapore Employment Act GuideSingapore Employment Act Guide
Singapore Employment Act Guide
 
Singapore Productivity and Innovation Credit Scheme Guide
Singapore Productivity and Innovation Credit Scheme GuideSingapore Productivity and Innovation Credit Scheme Guide
Singapore Productivity and Innovation Credit Scheme Guide
 
Singapore Company Secretary Guide
Singapore Company Secretary GuideSingapore Company Secretary Guide
Singapore Company Secretary Guide
 
Seychelles Offshore Incorporation Guide
Seychelles Offshore Incorporation GuideSeychelles Offshore Incorporation Guide
Seychelles Offshore Incorporation Guide
 
Trademark, Copyright and Patent Registration Guide
Trademark, Copyright and Patent Registration GuideTrademark, Copyright and Patent Registration Guide
Trademark, Copyright and Patent Registration Guide
 
Singapore Tax Incentives Guide
Singapore Tax Incentives GuideSingapore Tax Incentives Guide
Singapore Tax Incentives Guide
 
Singapore Subsidiary Company Registration Guide
Singapore Subsidiary Company Registration GuideSingapore Subsidiary Company Registration Guide
Singapore Subsidiary Company Registration Guide
 
RikvinCONNECT – April 2016
RikvinCONNECT – April 2016RikvinCONNECT – April 2016
RikvinCONNECT – April 2016
 

Recently uploaded

Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
ecamare2
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
Any kyc Account
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
Adnet Communications
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
hartfordclub1
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
FelixPerez547899
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
jamalseoexpert1978
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
my Pandit
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
WilliamRodrigues148
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 

Recently uploaded (20)

Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
 
Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024Lundin Gold Corporate Presentation - June 2024
Lundin Gold Corporate Presentation - June 2024
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
 
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...
 
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...
 
Training my puppy and implementation in this story
Training my puppy and implementation in this storyTraining my puppy and implementation in this story
Training my puppy and implementation in this story
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 

Singapore Permanent Residence – PTS Scheme

  • 2. Copyright © 2012 Rikvin Pte LtdLast updated on October 31, 2012 PERMANENT RESIDENCE FOR PTS Singapore has emerged as one of the top thriving cosmopolitan cities in the world with its diverse culture and vibrant economy. Given its political and financial stability, Singapore appeals to investors all over the world to invest both in the country and other economies in the Asia-Pacific region. A dynamic and rich city-state, it’s the chosen place for many to call home. Live & Play. Singapore is a preferred city to many in the world for its clean and safe environment. It has been voted the best place to live, work and play in Asia, a place where people experience a wholesome and rich environment to raise their children and make a home. Work & Invest. Singapore has one of the most competitive corporate tax regimes in the world. The country’s extensive trade links also provide companies with greater market connectivity. Singapore has numerous free trade agreements in Asia as well as with the US, Australia, New Zealand, Chile, Panama and members of the European Free Trade Association. In addition, Singapore has signed 35 investment guarantee agreements, designed to help protect investments made by Singapore-based companies in other countries against non-commercial risks. Singapore • Voted best place to live, work and play in Asia • One of the most competitive corporate tax regimes
  • 3. Copyright © 2012 Rikvin Pte LtdLast updated on October 31, 2012 PERMANENT RESIDENCE FOR PTS Singapore has been keeping an open door immigration policy to attract foreign talent and to maintain a healthy population growth. The driving factor has always been an economic one. The low birth rate and the need to improve human capital in Singapore have been the two main impetuses that led to the escalation in Singapore’s population growth in the last two decades. Foreign talent is an invaluable asset to a competitive economy. Singapore has made a concerted effort in courting and retaining foreign talent through various schemes including the benefit of permanent residence status. There are four schemes through which a foreigner can apply for Singapore PR status- namely the Professional/ Technical Personnel and Skilled Workers Scheme (PTS), Scheme for Investors, Scheme for Foreign Artistic Talent and lastly a Landed PR for the super qualified individuals with exemplary qualifications. A significant majority of the PR applications are made under the PTS scheme, which is the most certain route to obtain PR. Invariably the immigrants working here, aspire to make Singapore their second home, thus they become eligible under the scheme accounting for the popularity of the scheme. The selection process however has remained strict and the recent developments have made it more stringent. A prospective applicant under the PTS scheme must be a holder of P, Q or S type pass and should not be more than 60 years of age. Applicant’s family, that is, spouse and unmarried children under 21 years of age, can also be included in the application. The chances of approval are higher for applicants who have stayed in Singapore for at least two years consecutively and have remained gainfully employed during the period. Applicants must have a clean chit of conduct and must posses impressive educational qualifications or command proficiency in skills that are in demand. The value addition that an applicant will bring to the country, family ties in Singapore, salary, financial standing, consistency of employment are some of the factors that will be considered closely. Prospective applicants must take note of the commitments that come along with the PR status. Male children who are granted PR along
  • 4. Copyright © 2012 Rikvin Pte LtdLast updated on October 31, 2012 with the main applicant must register for National Service upon reaching the age of 16½ years. They will be enlisted for a two year fulltime NS upon reaching 18 years of age and thereafter will be required to serve 40 days of Operationally Ready NS every year, until they are 50 years of age or 40 years in the case of non-officers. It is recommended to wait for at least twelve monthsafteryouhavestartedworkinginSingapore before applying for permanent residence with Immigration and Checkpoints Authority of Singapore (ICA). Next Steps: If you qualify for PTS scheme, we can help you process and submit your application. Our fees for the evaluation and submission for the permanent residence scheme is S$1500.00.
  • 5. Copyright © 2015 Rikvin Pte Ltd RIKVIN PTE LTD 30 Cecil Street, #19-08 Prudential Tower, Singapore 049712 Main Line : (+65) 6320 1888 Fax : (+65) 6438 2436 Email : info@rikvin.com Website : www.rikvin.com Reg No 200100602K EA License No 11C3030 The information contained herein is intended for general information purposes only and shall not be regarded as professional advice. Readers are therefore advised that before acting on any matter arising from these notes, they should discuss their particular situation with the Firm. No liability can be accepted for any action taken as result of reading the notes without prior consultation with regard to all relevant factors. DOWNLOAD THE RIKVIN MOBILE APP FOLLOW US ON: