About Singapore Permanent Residency

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.

Who are eligible?
• Spouse and unmarried children (below 21 years old) of a Singapore Citizen 
(SC)/Singapore Permanent Resident (SPR)
• Aged Parents of a SC
• P, Q or S work pass holders
• Investors/Entrepreneurs
Singapore has made an intensive effort in pleasing and keeping foreign talent through various schemes including the benefit of permanent residence status. There are various Permanent Residence Schemes for foreign professionals and investors who are keen to immigrate to Singapore.

Permanent Residence Schemes for Foreign Professionals and Investors
• 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.
• 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.
• Financial Investor Scheme (FIS Scheme) - FIS is 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.
• Approved-in-Principle (AIP) PR Scheme - This scheme provides a 5-year approval-in-principle PR to successful Hong Kong applicants. Holders can obtain Permanent Residence status if they secure employment or relocate their family to Singapore within the 5 years validity period. Hong Kong residents who satisfy certain guidelines can apply for permanent residence.

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.