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Foreigners seeking job opportunities in Singapore
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Applying to become a Singapore Permanent Resident
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Global Investor Programme (Permanent Residence for Investors) |
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4Job Opportunities In Singapore
To remain globally competitive in Singapore, IEL provides distinguished services to our clients on Human resources and Manpower placement requirement.
At IEL, we consistently keep ourselves updates on the latest market development and prepare our clients to adapt swiftly to the industry needs.
IEL offers here information to help our clients to plan, place and be well trained according to Singapore's current market requirement.
A team of highly committed and specialised recruitment consultants who are enthusiastic and passionate through their knowledge and experience provide prompt cum accurate human recruitment solutions to all our clients.
Any foreigners / foreign professionals, managers, executives, specialist or entrepreneurs with acceptable degrees, professional qualifications or specialised skills, who wish to pursue a career in Singapore should apply for an employment pass (P1, P2, Q1, S pass) as rules stated by Immigration Checkpoint Authority (ICA) and Ministry of Manpower (MOM) of Singapore.
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4Singapore Permanent Residence
Non-Singaporeans/foreigners can become Singapore Permanent Residence (SPRs) by obtaining an entry permit. An application for an entry permit is an application for Singapore Permanent Residence. A valid re-entry permit is necessary whenever a Singapore Permanent Resident wishes to travel out of Singapore. It will enable him/her to retain his/her permanent resident status while away from Singapore.
Under Landed Permanent Residence scheme, applicants apply for an in principle approval for Singapore Permanent Residence. The successful applicant will have to
fulfill certain conditions decided by ICA (Immigration Checkpoint Authority), as stated in the approval letter, before he/she could be able to convert to full Permanent Resident status
Eligibility:
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Who hold tertiary qualifications or other outstanding merits; AND
i) are not working in Singapore, AND
ii) are not more than 45 years of age
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Employment Pass holders (P, Q, S work pass)
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Spouse or unmarried children (below 21 years old) of Singapore Citizen/Singapore Permanent resident (SPR)
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Aged parents of a Singapore Citizen (SC)
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Hong Kong residents who satisfy certain
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Dependants:
Parents of SPRs, can apply on their own merits if they are employed in Singapore. Otherwise, their applications have to be sponsored by their child who must be Singapore Citizen. On the other hand Parents and Parents-in-law of SPRs are eligible to apply for long term social visit pass (LTSVP) tied with their child who is SPRs.
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4Global Investor Programme (Permanent Residence for Investors)
Entrepreneurs who are interested in investing in Singapore may apply for permanent residence under Global Investor scheme.
Successful applicants are required to deposit the following amounts terms and conditions with the Government:
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At least S$1 million in an approved new business plan or an expansion or upgrading of an existing business in Singapore, or |
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At least S$1,5 million in an approved business plan. Investor are also allow to invest in Singapore-incorporated V.C funds, foundations and trusts, or |
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At least S$2 million in an approved business plan. Up to 50% of this investment, i.e. a maximum of S$ 1 million may be used to invest in residential property and the balance in Singapore-incorporated V.C funds, foundations and trusts. |
Approved Investment:
The investment in a Singapore-incorporated entity must take the form of a capital injection resulting in the issuance of new ordinary shares by the entity. The investment should generate economic activities in Singapore, such as business transactions of goods and services and employment.
Dependent:
The investor can include his immediate family defined as: Spouse- (one only), unmarried children 21 years of age and below.
Parents and Parents-in-law of the investor are eligible to apply for a Long-term social visit pass (LTSVP). If they required PR, they are eligible to apply at an additional amount of S$300,000 per person under the investor's PR application.
The investor's unmarried children over the age of 21 years are eligible to apply for
LTSVP, which is renewable and tied to the validity period of investor's re-entry permit.
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