Tuesday, 21 February 2012

Singapore Permanent Residence Visa


Singapore is considered as one of the most successful commercial & business centers of the world.   With world’s greatest commercial & business center, Singapore is recognized as a gateway for all international organizations.  Lifestyle of Singapore is excellent. Singapore offers good living conditions, great food, outstanding infrastructure with low taxation rates & friendly investment environment. Singapore is one of the best places in the world for migrants to come & settle in the country.
Singapore allows migrants to enter the country on various visa programs such as:
  • Singapore Immigration & Landed PR
  • Student Pass
  • Employment Pass Eligibility Certificate
  • Permanent Resident Visa
  • Family Immigration
  • Social Visit Pass (SVP)
  • Employment Pass
  • Personalized Employment Pass
  • S Pass
  • Singapore  Training Pass
  • Work Holiday Pass
  • Work Permit
  • Entrepreneur Pass
  • Financial Investor Scheme
  • Global Investor Scheme
In this article we will discuss briefly on Singapore Permanent Residency Visa. The SPR visa allows migrants to come & remain in the country on a permanent basis without any restrictions.  On earning the permanent residency the immigrant can have following benefits:
  • The migrant can have the freedom of moving in & out of Singapore.  
  • The permanent resident of Singapore does not have to apply every time for the work visa when he/she changes an employer.
  • The Singapore PR has to pay nothing on investments in the country. 
  • Secure admission into subsidized government educational institution and gain financial benefits in the form of employer’s contributions to your pension funds (CPF).
  • The Singapore PR will also be allowed to bring his/her spouse, children and parents to the country.
Check you eligibility requirements for Singapore PR
The immigrant can become eligible for Singapore Permanent Residency Visa if he/she falls under any of the following categories:
  • Should be a foreign professionals holding an Employment Pass, Personalized Employment Pass, Entre-Pass, S-Pass
Or
  • Should be spouse or a  unmarried child [below 21 years of age]of a Singapore Permanent Resident holder / Singapore Citizen
Or
  • Should be aged parents of a Singapore citizen
Or
  • Should be foreign investors/entrepreneurs who are willing to invest $2.5 million in Singapore and with solid business background
Or
  • Should be foreign investors willing to invest $10 million in Singapore with $20 million Net Asset
Once the immigrant succeeds to become the permanent resident of Singapore, he/she can apply for Citizenship after 2 years of PR status.
If you are interested in applying for Singapore PR, consult any best Singapore immigration consultant and apply for your visa under their guidance to avoid rejections from the Singapore Immigration Department.

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