Singapore has emerged as one of the top countries with quality living. Starting from the ecstatic in-city infrastructure to racial harmony, this country has it all. It is one of the best business headquarters in Asia with quality jobs and life. Getting a PR in Singapore is not less than a dream for many people. It gives you access to housing, healthcare benefits, and education. However, to get a PR, one needs to follow a particular process diligently.
Singapore PR Process
If you have a visa for Singapore, then there are some schemes available for you, to apply for PR. Let us have a look at each of them.
- Foreign Artistic Talent Scheme (ForArts)- Singapore heartily welcomes Arts professionals and internationally recognized celebrities to contribute to Singapore’s culture. The talented foreign individuals who are expertise in arts and cultures can intensify Singaporean beauty and make it more magnificent. Singapore Immigration, Checkpoint Authority(ICA), and National Arts Council (NAC) regulates this scheme.
Standard Factors to Consider before Applying for this Scheme
- Owning a relevant degree in the field
- Having professional experience in the work field of Performing Arts, Visual Arts, Media, Design Literary Arts. Make sure you have acquired exceptional achievements to have an edge over other candidates.
- Have made a substantial contribution to Singaporean Art and culture, also with a solid record of local engagements as a leader.
- Provide tangible plans as to how you will enhance Singapore’s art and culture sector.
Global Investor Program Scheme (GIP scheme)- This scheme is specially curated for passionate entrepreneurs; who are willing to invest in the country. Singapore needs business people who can upgrade and support their funds with their financial skills. If you have hefty funds and are planning to relocate to Singapore then this scheme is a perfect fit for you.
Eligibility Criteria to Qualify for GIP Scheme
- The minimum investment should be $2.5M into an ongoing or new Singapore business. This investment should be in an approved fund.
- Acquire a minimum of three years of business or entrepreneurial track record.
- If you have more than one business then you need to submit the financial statement of the one which has the highest turnover.
Professionals/ Technical Personnel and Skilled Worker Scheme- This scheme is the most conventional avenue to possess Permanent Residence in Singapore. The intellectual foreign professionals; who are working under Employment/Entrepreneur pass or S-pass can apply for PR in Singapore.
Eligibility Criteria for PTE Scheme
- One needs to be living in Singapore for at least six months.
- Having an EP or S pass
Singapore PR Requirements
The process of applying for a PR in Singapore can be quite tedious and daunting at first, but with strategist planning and research, one can achieve it. As of now, you are aware of the special schemes classified by the government of Singapore. These are according to the backgrounds of foreign workers. Some vital documents are mandatory to be in hand before applying for a PR. Let us have a look at them
- Your employment proof; this can be any evident document like contract letters, evaluation reports, letter of recommendations, employers contact data, etc.
- Educational proofs like mark sheets, diplomas, and certificates starting from high schools.
- Concrete documents that demonstrate your financial statuses. These might include your salary proofs and other income sources.
- Your updated resume/CV.
- Property ownership papers, if you have invested in real estate in Singapore.
- Documents of your spouse or children(if you have any).
Singapore PR Requirements Eligibility
Some eligibility factors need to be taken into account before applying for the PR. You are eligible to apply for PR if you are :
- Married To A Singapore Citizen Or Someone Having Singapore PR– This might seem too easy and enticing but it’s not, even if you have somehow convinced a Singaporean to marry you. You still need a family ties scheme to apply for a PR.
- A Student of Singapore- Foreign students studying in Singapore can apply for a PR to reside in Singapore. This depends upon the merit or the academic records of the student. One thing which needs to be emphasized is that only those students who have stayed in Singapore for more than two years at the point of application are eligible.
- Aged Parent of a Singapore Citizen- Singapore ranks sixth on the world’s health care charts. With such promising health facilities, one can reside in this country happily. If you are retired then you need your child’s sponsorship for the application process.
- Unmarried Biological/ Legally Adopted Child (Below An Age Of 21) of a Singapore Resident or PR- If you are a child below 21 years of age then your Singapore citizen parents have to sponsor your application for your PR process. Your parents will need to login to MyICA with their Singpass.
- Employment and S Pass Holder- If you have any work permit like Employment pass, S pass, personalized employment pass then you are eligible for PR. Provided that you have worked in Singapore for at least six months
- Foreign Investor in Singapore- Singapore’s Global Investor program invites entrepreneurs or funders across the country to invest in the economy of Singapore. The business climate of Singapore is propitious, which attracts various foreign investors.
If Singapore is your dream country, then having a PR is like hitting the jackpot. Foreign citizens who move to a country to work/study or to settle always lay an eagle eye over gaining the PR. It is because PR gives you many privileges that you otherwise would not have gotten. It enables you to enjoy the rights of a native of Singapore. You would feel more like home if you have PR.
Some Benefits of Singapore Permanent Residence to Foreign Citizens
- Ease if Travelling: Traveling becomes quite hassle-free when you have a PR. The Singapore government will give you a blue card which will act as an identity document, this card enables you to travel across the country or even overseas.
- Citizenship: If you have decided to put down your roots in this country, then a PR can help you apply for citizenship further. Singapore PR even allows you to include your spouse or unmarried children(below 21 years of age). Children of less than 18 years of age are on high priority.
- Long term Visa for Parents: You can apply for an extended-stay visa for your parents. The PR of Singapore could extend the stay of your parents without any difficulty. Your parents and you can enjoy more time with each other.
- Tax Benefits: You can enjoy the tax benefits of Singapore. Now, some might be wondering how can paying a tax be beneficial? It is because, after PR you will be paying taxes as a normal resident, but the twist is that here you will get access to CPF. CPF will allow you to pay for your own needs. When you are a Singaporean worker, your employer pays your monthly salary to CPF. This scheme will help you build your funds and even retirement funds that fulfil your needs.
- Investments and Borrowings: Establishing or running a business becomes much more convenient if you have PR. Since the PR process demands various evidence of your financial/personal and academic background it makes you more trustworthy to the government. It is easier to get loans for your business. You can also buy more properties and extend your business.
How Long does it Take to Get a PR in Singapore?
Officially, it takes about four to six months to process, provided that all your documents are submitted and are genuine. In case of discrepancies, it may take more time to process your application.
What if Your PR Gets Rejected?
The Singaporean government has laid no restrictions on submitting documents for PR. One can try again and again, till the application isn’t approved. There are various well-read and eligible candidates out there whose applications face rejection. Meticulously watch for every minute detail in your application and submit all the documents on time.
Ideally, one should wait for at least six months before re-applying to the PR. In the meantime, you can upgrade your skill set, obtain property, get involved with community locals to make your application stand out against others.
The government of Singapore has become more strict and careful in granting PR to foreign expats. We hope that this article could navigate you to the mandatory criteria and requirements. PR table for Singapore includes various schemes, criteria, and evident documentations. We tried to bracket down some of the important ones for you. Keep reading our blogs for more related information.