| Entrepreneurs! Here's your chance to beat the | | | | also allows your immediate family to live in Singapore. It |
| downturn and move to Singapore to setup your | | | | can be renewed as long as the business is operational. |
| business. You can apply for Permanent Residency. | | | | Employment Pass - Those who are interested to |
| Permanent residence has many benefits - | | | | work in Singapore can apply for this Pass. Eligibility |
| - You and your family can work and buy property. | | | | would be educational qualification and income. Types |
| - You can the family can travel in and out of | | | | of Employment Passes are |
| Singapore freely. | | | | - P1 - fixed income above SGD 7,000, can apply for |
| - Public education system for the children. | | | | dependent pass |
| - Local tax benefits. | | | | - P2 - fixed income of SGD 3,500 - 7,000, can apply |
| One important thing to know before you apply for the | | | | for dependent pass |
| PR is that your sons are obligated to do compulsory | | | | - Q1 Pass - fixed income above SGD 2,500, can apply |
| military service when they reach the age of 18. | | | | for dependent pass but not long term visit pass for |
| If you decide to move to Singapore, this article will give | | | | parents |
| you an overview of the Immigration and Permanent | | | | Employment Pass is valid up to 2 years. |
| Residence scheme. | | | | S Pass - Skilled worker is eligible for this Pass. |
| Eligibility - To apply for immigration or Permanent | | | | - Eligibility is assessed on various factors like Salary, |
| Residence Scheme, the first step is to obtain an entry | | | | Qualification, Work experience and Job type. |
| pass. Entry Passes are of following types - | | | | - The number of S Pass holders in a company can be |
| - Entrepreneurs Pass | | | | 25% of the work force. |
| - Employment Pass (P and Q Pass) | | | | - They can apply for Dependency Pass for their |
| - Dependent Pass | | | | families if their fixed salary is more then SGD 2,500. |
| - S Pass. | | | | Dependency Pass (DP) - This is a temporary pass |
| Entrepreneurs Pass - A Person who wants to set up | | | | given to the family members of the person working in |
| a business in Singapore needs to apply for an | | | | Singapore with an EntrePass, Employment Pass or an |
| Entrepreneurs Pass (EntrePass) and such person | | | | S Pass. |
| would not require work permit. Basic requirements for | | | | - Eligible to work in Singapore if he/she gets a Letter |
| EntrePass are | | | | of Consent (LOC) from the employer. |
| - Willingness to settle in Singapore | | | | - DP can be applied along with the Employment Pass |
| - Start a business that has a good growth potential as | | | | EntrePass or later. |
| well as physically run it. | | | | - The process time is usually 1 to 3 weeks. |
| It is valid up to 2 years and its main advantage is that it | | | | |