Residence permit of Singapore through investment

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In its short history, Singapore has become a true oasis of modern civilization in Southeast Asia. Companies and firms from all over the world successfully operate in Singapore, and the standard of living in the country occupies the first lines in world rankings.
The Singapore residence permit is intended for individuals who have made an economic contribution to the development of the business environment or to one of the approved public funds. The residence permit is valid for five years. After two years of continuous residence in Singapore with resident status, an application for the issuance of Singapore Citizenship is provided.

Advantages of residence permit in Singapore:

5 years of legal residence in a country with a minimum of restrictions;
Free entry / exit;
High standard of living in the country;
An exceptional level of stability in all spheres of life;
No restrictions on work;
In case of refusal of a residence permit, it is possible to receive all the funds accumulated on the account with the CPF - "Central Provident Fund", the state insurance fund;
Significantly greater choice when choosing housing;
Ability to use CPF funds to pay mortgages;
Preferential tariffs in public medical institutions, clinics, hospitals;
The right to participate in "Medisave" - the state health insurance program;
Benefits and subsidies for studying at universities;
Children have priority in enrolling in schools;
Significantly more opportunities for doing business;
Simplified procedure for obtaining a residence permit in Singapore for family members of the applicant.

STAGES OF OBTAINING A RESIDENCE PERMIT IN SINGAPORE THROUGH INVESTMENT:

1. Collection and submission of documents

2. Issuance of a temporary residence permit in Singapore

3. Obtaining the status of a resident; The applicant makes a financial investment in accordance with the chosen investment option. After verification by the Economic Development Board of documentary evidence of financial investment, the applicant is granted the status of a permanent resident of Singapore.

Conditions for REGISTRATION OF A RESIDENCE PERMIT IN SINGAPORE:

Invest 2,500,000 SGD to create a new company or expand an existing business;
It is necessary to provide financial reports on the activities of your own company for the last 3 years, previously verified by an accredited audit firm;
The financial turnover of the business for the year before the application and for the last 3 years must be at least 50,000,000 SGD;
It is required to own at least 30% of the shares of the company;
A detailed five-year business plan is required, indicating the number of future jobs and annual financial projections;
When investing in an existing Singapore company for the third year, it is required to increase the annual general business expenses to 1,000,000 SGD and hire a minimum of five additional employees.

If you own SGD 2,500,000 in an approved government fund, you are required to invest in one of the 4 approved Singapore government funds: