How To Get Permanent Residence Status In Singapore

By Author: Robert Sparks
Total Articles: 68
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Am I eligible to apply for a permanent residence status in Singapore? This page will help you answer this question because we will provide necessary information related to the application for Permanent Residence.

Singapore population tipped at 5 million at the end of 2009, and one tenth of the population are permanent residents. In 2009, almost 60,000 foreigners were granted permanent residence status. The sophisticated infrastructure, education, safety and healthcare are the top reasons why these new permanent residents choose to make Singapore their home.

Who are eligible?
1. Spouse and unmarried children (below 21 years old) of a Singapore Citizen 
(SC)/Singapore Permanent Resident (SPR)
2. Aged Parents of a SC
3. P, Q or S work pass holders
4. Investors/Entrepreneurs
Permanent Residence Schemes for Foreign Professionals and Investors
1. Professional, Technical Personnel and Skilled Worker Scheme (PTS Scheme) - The most popular scheme for permanent residence in Singapore is the Professional, Technical Personnel and Skilled Worker scheme (PTS Scheme). The scheme enables ...
... foreign professionals working in Singapore under an Employment Pass, Entrepreneur Pass or EntrePass and Skilled Worker Pass or S Pass to apply for permanent residence.
2. Global Investor Program Scheme (GIP Scheme) - The Global Investor Program is an initiative launched by Singapore Economic Development Board and Ministry of Manpower. It is a program for foreign individuals and entrepreneurs, who are keen to invest in or initiate new business activities in Singapore, and in the process, obtain Singapore permanent residence. Spouses and children of these investors are also eligible for Singapore permanent residence.
3. Financial Investor Scheme (FIS Scheme) - FIS is a suited for the Ultra High Net worth Individuals. The Financial Investor Scheme, launched by the Monetary Authority of Singapore (MAS) enables and encourages UHNW's and their families to become Permanent Residents of Singapore, so that they can benefit from Singapore’s array of financial services, as well as its high standard of living.
For eligibility criteria and documents needed for Permanent Residence application in the following schemes, please visit Rikvin.com and/or contact the team of Rikvin for consultation.

Rikvin provides a full spectrum of corporate services under one roof for singapore company registration, assistance to form a singapore company, accounting, tax, work pass and related compliance services for individuals and companies worldwide.