Singapore Investment Migration
Singapore attracts numerous Chinese business migrants through her top-ranking substance, justice and basic facilities, commercial taxation system, multiple financing plans and convenient entry-exit, etc
1. Singapore investing migration and financing program
You have to be in possession of estate of at least S$ 20,000,000 and bank deposit S$ 5,000,000, and your spouse and children under 21 can receive permanent residential rights at the same time. You need to add S$ 5 million investment for each of your children who is above 21 and unmarried. You also need to add S$ 2,500,000 for each of your parents and your spouse if they accompany with you.
Requirements:
1. Personal Assets of S$ 20,000,000
2. S$ 5,000,000 bank deposit in Singapore
Application of other family members:
1. Children above 21 years old(unmarried)—Opening a Singapore account with S$ 5,000,000, no separate application required
2. Parents/Spouse’s parents—Each of them needs to open a Singapore account with S$ 2,500,000, no need for separate application
3. No need to meet the Requirement NO.1
Permanent Resident:
1. No need to reside in Singapore within five years
2. Being a permanent resident without changing nationality
3. Getting access of bank deposit after five years automatically
Naturalization:
1. You may apply for naturalization after being permanent resident for two full years. In these two years you need to live in Singapore for at least cumulative 6 months
2. If you don’t reside in Singapore for business reasons, the Migration Department will determine each individual case.
3. If you turn into Singapore citizen within five years, you will get the access of your bank deposit
Advantages:
1. No age limited
2. No education limited
3. No language limited( you can speak Chinese when interviewing)
4. Rapid speed( you can get permanent residential right within 4 months)
5. After receiving permanent residential right 2 years, if you live in Singapore for cumulative 6 months, you can join in Singapore nationality
6. If you leave Singapore and work in another country, this period could also be regarded as you live in Singapore
7. Permanent resident can also transact long-term visiting visa
8. When you get Singapore passport, you will get your money back immediately
Investing project:
Your investing project will be designed by senior adviser from professional bank
Questions:
1. How long is the application term?
Generally speaking, this term will take you two to four months, you will get permanent residence right when the investment is confirmed
2. How long will the assets be kept?
Five full years with S$ 5,000,000 bank deposit
3. How to get Singapore passport?
After being permanent resident for two years, you can apply for joining Singapore nationality and then you will get Singapore passport and I.D.Card
Apply for Permanent Residence (Fund investor)
You need to invest R$ 1,500,000 to the fund which Singapore government appoints, and then you can apply for Permanent Residence, your spouse and Children under 21 years old can also get this right with you
Requirements:
1. Net assets of S$1,500,000( legally)
2. Invest the fund which Singapore government appoints
Basic procedures:
1. Preparing all the related information and application forms required and hand in it to the government. In this term, you need to subscribe for the appointed fund
2. Depositing share certificate in the related department of government
3. Receiving Permanent Residence from Migration Department
4. The application term is tend to be four months
5. Invest one or seven funds separated, you should invest in each of these funds at least S$ 30,000
6. The returning ratio of funds tend to be 15%-25%, of course you need to take on a little risk
7. Your spouse and children under 21 years old(unmarried) could accompany with you
8. Your spouse’s parents and yours could apply for Long Term Social Visit Pass(LTSVP). You need to invest S$300,000 for each of them if they accompany with you
9. Your children above 21 years old can also apply for LTSVP, the period of validity is the same as yours
10. If your application is confirmed, all the investment documents will be sent back to you
Apply for Project Investor Permanent Resident
You need to invest at least A$ 1,000,000 to Singapore and the you will receive Singapore Permanent Residence. You r spouse and children under 21 years old will also get PR with you
Requirements:
1. You need to deposit the money into the bank appointed by government and make a investment plan
2. You should carry out the investment plan within 2 years from the date of deposit.
3. If you invest in the appointed or new registered company, you must own and manage this investment for more than five years
Investment fields, regions and the using of deposit:
1) The deposit must be invested in the concrete Singaporean projects approved by the Singaporean authority, including such economic areas as below:
¨ Manufacturing and related service: i.e. electronics, precision instrument engineering, chemical Industry and technical service, etc.
¨ Service Trade: i.e. Logistics, telecommunication, information technology, advertisement, regional headquarter tourism and related service, etc.
¨ Business: i.e. advanced restaurant, hotel, etc.
¨ Banking Industry: i.e. bank, insurance, etc.
2) Disapproving Investment Areas:
¨ Purchase the stocks of the listed companies; (If the invested amount is over 1,500,000 Singapore Dollars, 30% of the money can be used for stock purchase);
¨ Purchase the real estate for sales or rent;
¨ Unadvisable trades like Massage Parlor, escort trade, Turkish bathroom and casino, etc.
Notices:
1. The direct relative who applies for the Singapore Permanent Resident with the entrepreneur but need not increase extra investment deposit includes:
The applicant’s spouse;
Unmarried children over 21 years old;
Unmarried children over 21 years old, who complete the courses recognized by the government-accepted institution of higher learning.
2. The entrepreneur must guarantee the above-mentioned child employed inside Singapore for at least 3 years from the date of license issuing. Otherwise the government has the right to cancel the child’s right of Permanent Residence.
3. If the entrepreneur’s parents and parents-in-law apply for the Permanent Residence simultaneously, the deposit must increase SGD300,000 for investment when one applicant added.
Mont Campbell Investment Consulting (Shanghai) Co., Ltd
Mr. Wu Cheng
Tel: 021-62890390
Fax: 021-62471905
Mobile:13122221987
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