Many people have chosen to migrate to Singapore. Some who have already done so desire to become a Singapore PR by first submitting a Singapore PR application. Singapore PR application status is managed by the Ministry of Manpower.
Singapore is among the countries in which a large portion of the population is made up of migrants. According to the latest statistics, approximately 2.623 million people living in Singapore today are originally from another country. This figure represents just over 44% of the entire population of Singapore, which is 5.863 million. The majority of these foreign-born people living in Singapore come from five countries: Malaysia, China, Indonesia, India, and Pakistan. People originally from these countries comprise a little over 1.835 million of Singapore’s population. An average of 147 people migrate to the country every day.
Why Many People Migrate to Singapore
The large number of people who choose to migrate to Singapore proves that the country is certainly an appealing destination for the purposes of migration. One of the reasons why many people migrate there is because there is already a large expatriate population in Singapore. In Singapore, immigrant presence is evident everywhere because of their vast numbers. These people have come from all over the world in search of a fresh start in Singapore. Due to the fact that expatriates in Singapore come from all parts of the world, new immigrants will not find it difficult to adjust to life there because they can easily remain in contact with other people from their home country who have also migrated to Singapore. Therefore, immigrants will be made to feel accepted in their new country.
Singapore’s quality of life is also one of the highest in the world. Some of the factors that contribute to the high quality of life in Singapore include the low crime rates, relative lack of corruption, high level of political stability, and high level of development. Globally, Singapore ranks in the top 10 in all of these categories. It ranks joint-third on the list of least corrupt countries, third on the list of most politically stable countries, and ninth on the lists of most developed countries and lowest crime rates. Thus, Singapore is largely devoid of the problems that plague many other countries. The Singaporean government has done an outstanding job of elevating the country to the extent that it has avoided such issues. The cost of living is also generally manageable for most. Therefore, the world-class quality of life in Singapore is another reason why many migrate there.
Another reason why Singapore is the destination of choice for many immigrants is the country’s strong economy. The country is one of the economic powerhouses of the Asia-Pacific region and the most financially prosperous in Southeast Asia. Its government revenue is consistently high, and it also does not have any notable foreign debts. Singapore’s economy is the second-most open in the world. Its economy is further boosted by the fact that the country also ranks second according to the World Bank’s Ease of Doing Business rankings. Singapore’s economic might and business-friendly environment ensures that people who migrate there should not face any problems in finding satisfactory job opportunities and making a living there.
What to Do When Relocating to Singapore
Before leaving for Singapore, there are several important things that need to be done. Before the move is made, should a prospective immigrant plan to bring any household goods to Singapore, such goods must be shipped there within six months of the move. Those moving to Singapore must also have received all required vaccinations. These vaccinations are those against MMR (measles, mumps, and rubella), bacterial pneumonia, DPT (diphtheria, pertussis, and tetanus), influenza, and polio. People who are arriving from certain regions also require a vaccination against yellow fever. Once the prospective immigrant arrives in Singapore, the immigrant must declare all items to be declared at customs.
From a business perspective, it is essential for foreigners who are relocating to Singapore to apply for the appropriate working visa. Some of these visas are the Entrepreneur Pass (EntrePass), Employment Pass (EP), and S Pass. By doing so, it will not only be easier for the foreigner to be employed, but also to subsequently apply for permanent resident (PR) status, if such is desired. Foreigners who are business owners or entrepreneurs may choose to relocate their business to Singapore. If they do so, they may use any tax incentive scheme for which they are eligible to ease the financial burden of their business relocation. Foreigners relocating to Singapore should also consider bringing their assets with them for tax purposes.
If you need to apply for one of Singapore’s visas, we at Paul Hype Page & Co are able to help you. Our team will ensure that all procedures are properly followed so that you will receive your pass with as few problems as possible.
Visas for Foreigners in Singapore
There are several visas, or work passes, which are available to foreigners in Singapore. These visas are provided by the Singaporean government. Each visa has been crafted to suit foreign workers whom the government believes will bring benefits to the country and its economy. As long as the foreigner applying for the visa fulfills all the necessary criteria, the foreigner should be able to receive the visa.
The visas which is most commonly given to foreigners in Singapore are Employment Passes (EP). The EP is intended to be used by foreigners who are skilled workers with the requisite educational qualifications and skillsets. To be eligible for the EP, a foreigner must also be earning a fixed monthly salary of S$4,500 or more and be working in Singapore in an executive, specialized, or managerial job. Many business owners will also use the EP as a method of relocation after they have started a business in Singapore. Foreigners who hold an EP have an increased future chance of becoming a permanent resident (PR) of Singapore. They can also take part in the incorporation of a Singapore company or even act as shareholders.
Another visa offered by the government of Singapore is the Personalised Employment Pass (PEP). The PEP is meant for foreigners who are professionals or executives. This pass grants tremendous job flexibility to its holder. People eligible for the PEP are those who are foreign professionals who earn a fixed monthly salary of at least S$18,000, as well as EP holders who earn a fixed monthly salary valued at S$12,000 or more. Foreigners may apply for a PEP before they have started working in Singapore. If such is the case, the Ministry of Manpower (MOM) will evaluate the foreigner’s application based on the applicant’s work experience and personal achievements to date.
Another important visa is the S Pass. The S Pass is meant for foreign technicians working in specific industries. It is targeted at those who are medium-skilled. Although S Pass holders may later apply for PR status, they are less likely to receive it when compared to PEP or EP holders because of the nature of the S Pass. S Pass holders (as well as EP holders) who earn a minimum of S$6,000 in fixed monthly salary are eligible for Long Term Visit Passes. These passes allow some of the S Pass or EP holder’s family members to join them in Singapore. These family members include the following: spouses, unmarried stepchildren below the age of 21, and unmarried handicapped children who are at least 21 years old. S Pass or EP holders with a fixed monthly salary of at least S$12,000 may also bring their parents to Singapore by using a Long Term Visit Pass.
How to Become a Singapore PR
Many people who relocate to Singapore plan to become a permanent resident (PR) of the country at some point. The process of becoming a PR of Singapore can be complex, but it will be worthwhile when it is completed because of the advantages that come with establishing permanent residence in Singapore. However, only certain foreigners are allowed to apply for PR status. These foreigners are the following: the spouse of a Singaporean citizen or PR, the aged parent of a Singaporean citizen, a holder of any official work visa such as the Employment Pass or Entrepreneur Pass, a student studying in Singapore, a foreign investor in Singapore, and an unmarried child of a Singaporean citizen or PR who is below the age of 21.
If you would like to apply for a Singapore PR, you can use Paul Hype Page & Co’s all-in-one Incorporation with Employment Pass Package. The primary advantage that we can give you is a reduction in waiting time for PR status application. We can reduce this duration from one year to six months. We will also complete every step of the process for you.
All PR applications must be submitted online via the Immigration and Checkpoints Authority’s (ICA) e-Service. When applying, there are supporting documents which must accompany the application. Applicants must also read all relevant explanatory notes before applying. When the application is submitted, there will be a processing fee of S$100 to be paid. This fee cannot be refunded. It can be paid via Internet direct debit, debit card, or credit card. If everything has been done properly, the ICA will usually take anywhere from four to six months to process the application. Applicants may use the e-Service to receive further information on the status of their applications.
We offer Singapore company incorporation, consultancy services, auditing, taxation, immigration work visas & annual compliance services.
Other Matters to Consider During the Migration Process
When migrating to Singapore, there are several other important matters which must be considered and appropriately handled. One of these matters is the issue of housing. Housing costs depend on the location and size of the place of residence. However, the abundance of Housing and Development Board (HDB) flats across the country make housing costs more affordable for most. Everyone who moves to Singapore must search for the housing property they consider to be the most suitable. They must also consider whether they should rent or purchase the property.
Those who are bringing their school-aged children with them when they migrate to Singapore must obviously account for their children’s educational needs. The first matter to be considered is what type of school the children will enter. Either intern