Archive for January 21st, 2012
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Rikvins view to permanent residence in Singapore Scheme
Located at the crossroads of East and West, Singapore is an ideal gateway to the world. He world-class infrastructure, excellent local and international transportation network, premium standard of living, world-class education system, cosmopolitan lifestyle, and to top it all impressive economic growth thereby promising great opportunities for personal growth.
Singapore (PRWEB) July 11, 2011city state has the perfect package to tempt anyone who appreciates the quality of life, to call home. No wonder foreigners living or working here for a while I would like to tighten their commitment to Singapore and eventually sink their roots on the island. Singapore Permanent Resident (PR), is the first step in this process. PR allows a longer stay, preferential access to public schools, opens the door to investment in public housing, promotes active participation in addressing issues that concern the public and the community, in particular, relieve the owners of employment pass on, tied to a particular company. Another privilege is entitled to contribution CPF, which are exempt from tax.
Satish Bakhda with Rikvin Group, Singapore immigration specialist, Rikvin consultancy, said although the PR brings many benefits, some inherent commitment also comes along with it. One such obligation is to send the male children who receive dependency PR for National Service. While some applicants consider as an obstacle to NS, and not to include them in Annex PR, we have recently seen a shift in the thinking of many of our customers, which they invariably include their male children as dependents applying for PR, since the application for citizenship as the family definitely on the cards for many applicants PR these days. There are various schemes in which you can use to communicate with the public, and we released a quick view of the schemes. At Rikvin we are focused on servicing foreign professionals deserve to achieve their dream of PR. We provide service for a preliminary assessment of applicants for the scheme, such as LPR and, most important services for the qualification of GIP and FIP applicants absolutely free ????
Here is a quick review
various schemes, leading to the residence Pemanent Singapore.
There are four schemes in which an alien may apply for Singapore PR status, namely: Professional / technical staff and skilled workers scheme (PTS), the scheme to investors, the scheme of foreign artistic talent, and finally land a super PR for qualified persons with exemplary skill.
Singapore Professional, technical personnel and skilled workers scheme (PTS Scheme): Who is the most popular scheme, since most foreigners working in Singapore form the majority of applicants PR and most of them apply for PR under the scheme and its a sure way to PR for applicants who meet all the criteria you are. Prospective applicant under the scheme must be the owner of PTS P, Q or S work pass type of Singapore and should not be more than 50 years. Applicants family, a wife and unmarried children under 21 years may also be included in the application. The chances for approval is higher for applicants who have stayed in Singapore for at least two years or more series and remained an amateur during the period.
Applicants must have a clean chit of conduct and should have an impressive level of education, or possession of the team skills that are in demand. The value that the applicant will bring the country, family ties in Singapore, wages, financial condition, the sequence of work are among the factors to be considered in detail. The powers of the employer applicants also affect the outcome of the application. It should be noted that one part of the application must be completed and approved by the employer is therefore very important that applicants relationship with the employer remains polite.
scheme for investors: Foreigners interested in starting a business or wishing to invest in Singapore, can take this route in order to apply for permanent residence (PR) status for themselves and their immediate families (spouse and unmarried children under 21 years) . There are two programs that are available under the scheme – Global investors and financial investors scheme. The former is run by SEDB – Economic Development Board of Singapore and the Monetary Authority of Singapore (MAS) the latter.
Global Investor (GIP)::. applicant has two options in the program
It may invest not less than S $ 2,5 million in new business startup or expansion of existing business operations or invest at least S $ 2,5 million to the approved fund
foreigner with a business background of significant business reputation (at least 3 years), can be used in conjunction with the business / investment plan and supporting documents such as audited financial statements of an existing company. The company must have an annual turnover of an average of at least 30 million Singapore dollars.
Senior Corporate PR Managers tend to GIP scheme must be at least 10 years of experience in corporate management and is currently occupied by senior management role in companies, such as head, CEO, CFO, CTO, etc . The company, in which the applicant is employed must have an annual turnover of not less than S $ 100 million. The applicant can actively manage a business in Singapore, as proposed in the business plan.
is noteworthy that only a few key sectors approved for investment under the GIP, some of which are life sciences, clean energy, trade and educational services, energy, chemical, and engineering services and environmental technologies. This is a clear indication of government interest in promoting investment in the sector that will drive the city-state in the league of developed countries with unbeatable knowledge and innovation economy.
Financial investors scheme (FIS): Foreigners with at least $ 20 million net personal assets qualify for this scheme. FIS requires investors to place a minimum of S $ 10 million from the regulated financial institution in Singapore. Invested amount is to be held in the city-state for at least five years. Part of that investment, up to S $ 2 million, can be used to purchase private residential properties in Singapore.
scheme of foreign artistic talent: Foreign artistic talents in art, photography, dance, music, theater, literature and film may apply for Singapore Permanent Residence in Foreign Art Scheme Talent. This scheme is jointly administered by Singapore Immigration and the National Arts Council (NAC). Eligible foreign talents should receive formal training and / or have relevant work experience and has already established itself both at home and abroad. This scheme is the result of government efforts to create a vibrant city boasts cultural potpourri, to engage in creative industries, inspire and encourage the various talents that merge in Singapore as well as to maintain its attractiveness to the global tourism map.
Landpermanent resident (LPR): Those who have excellent professional or higher education working in professional, managerial or specialist jobs and are interested in moving to Singapore, but are not currently working in Singapore can apply for LPR which, if issued for a period of 2 years. The holder of LPR must find suitable employment or relocate their families in Singapore during the validity period. PR will be granted once employment secured or moved his family to Singapore.
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Rikvin successfully helped hundreds of global entrepreneurs form companies in Singapore. Established in 1998, specializing in Rikvin Singapore company registration, offshore companies, immigration, work place and are
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