Singapore offers 2 main migration programs for entrepreneurs and investors seeking to relocate to the city state, namely, the Entrepreneur Pass and the Global Investor Program.
The Entrepreneur Pass allows succesful applicants to reside in Singapore and is a recognised pathway to obtaining Singapore Permanent Residency status upon the fulfilment of qualifying criteria.
The Global Investor Program is targetted at investors who are looking to apply for the Singapore Permanent Residence status by starting up a significant business or makes a substantial investment in Singapore.
The Global Investor Program is a more direct path to obtaining Singapore Permanent Residency status albeit with a higher qualifying threshold when compared to the Entrepreneur Pass pathway.
The above information is only intended as a summary of the broad requirements under each migration visa and is not intended to be exhaustive. Ultimately, whether an individual qualifies under any of the above programs depends on many qualitative and quantitative factors. Policy changes may also adversely impact the application outcomes.
Residency Asia recommends that individuals first undertake a detailed suitablity assessment to determine their suitablity for each of the above programs.
Whilst such a detailed suitablity assessment does not guarantee, nor will it be conclusive of, the application's final outcome, more often than not, the detailed suitablity assesement report will provide the individual with an efficient and costs-effective means to determine the program that best meets their needs and the necessary preparatory work to undertake in order to achieve a favourable final outcome, well before embarking on a costly and time-consuming formal application process involving the government authorities.
The following preliminary documents (in pdf format) will be required should you decide to proceed with a detailed suitability assessment:
Below are some of our clients' most frequently-asked-questions. However, should you have a specific query that is not answered below, please feel free to reach out to us via email or Whatsapp messenger.
The cost of the Suitablity Assessment Report is USD300 and takes approximately 2 weeks to complete. Should you decide to proceed with a formal application, the Suitablity Assessment Report fee will be deducted from the application fee.
The formal application process cost bewteen USD5,000 to USD8,000 depending on the complexity.
This amount does not include any fees that are payable to government authorites as part of the application; fees payable to third-party service providers for ancillary processes; or any appeals arising from unsuccessful applications.
The formal application process takes bewteen 4 to 6 months depending on the state of readiness of the applicant's documents and whether anciallary processes needs to be completed before the formal application process begins.
In most cases, your physical presence in the country is not required during the formal application process as we will handle all the necessary submissions on your behalf.
However, once the visa has been granted, you will be required to be physically present to activate the visa and also to attend to all other necessary visa issuance procedures and requirements.
Almost all entrepreneur and investor visas allows for immediate family members and/or dependents to accompany the main applicant to reside in the country.
However, in some special cases, additional documents and processe might need to be undertaken in order to establish the familial relationship between the main applicant and the immediate family members and/or dependent.
We pride ourselves in delivering a seamless and frictionless entrepreneur and investor migration experience for our clients.
As part of our service offering, we assist clients not only with the formal application process but also to liaise with third-party service providers in executing all necessary anciallary processes.
In addition, we frequently assist clients with concierge services such as finding suitable accomodation, schools, social and sporting clubs etc so that clients and their family members are able to settle into the new environment quickly and effortlessly.
Feel free to explore the information below which provides a general overview of Residency Asia's coverage of the various entrepreneur and investor visas available in Asia.
Startups that develop innovative technologies are a massive boost for economies. Governments are responding by offering fast-track residency through startup visa programs. These programs are aimed at individuals with great ideas and entrepreneurial drive.
Investment migration programs are a popular means by which wealthy individuals seeking geographical mobility secure a permanent overseas residence. Countries welcome this capital migration by offering investments into certain growth sectors or regions.
The ability to attract tech talent is increasingly seen by countries as a critical element for economic success. Around the world, countries are competing to lure skilled tech talent in order to remain competitive in this knowledge economy.
Offering flexible dependent visas is an important ingredient for countries to attract the best talent and capital. However, navigating the application process for dependent visas for non-traditional familial relationships can be challenging.
The pursuit of safety; a better quality of life and education; peace and freedom has become a priority for many. Entrepreneur and investor migration offers a proven pathway to obtaining Permanent Residency status in your country of choice.
Please feel free to enquire with us on other immigration services that you are seeking in your country of choice.