The Permanent Residence is a premium visa solution that enables holders of employment visas, entrepreneurs and investors to live and work in Singapore indefinitely enjoying flexibility and freedom in pursuing career pinnacles as well as other pleasant perks such as decent and more affordable housing and healthcare, privileges of CPF fund, better education for kids, business freedom, and so on. Investors and holders of the EntrePass/PEP/EP/S Pass are eligible for PR; however, getting qualified will take each of them different periods of time and efforts.
These are categories of people who can pretend to a right of becoming Singapore permanent residents: expats working on PEP, EP and S Pass, entrepreneurs working on EntrePass, investors, artists, spouses and children of permanent residents and Singapore citizens as well as elderly parents of the citizens. Different schemes imply specific requirements:
• Getting PR through the working visa is the most popular way. Expats (PEP/EP/S Pass holders) are officially required to submit salary slips for a 6-month period they have worked in Singapore, but the “qualifying” period varies for different work visas: P1 (EP) and PEP holders have the shortest qualifying period (up to a year) while S Pass holders might need years of work history in Singapore for qualifying. The authorities don’t share the exact periods for each work pass, but our experience allows us to faultlessly assess your chances for PR, prepare the candidate’s employment profiles beforehand and strategize a timely PR application. The same refers to the holders of the Entrepreneur visa.
• Investors and their families are granted the status of PR right after making the minimum investment of 2,500,000 SGD. This money infusion can be made in several destinations: a new or already operating business or a Global Investor Programme Fund.
• Overseas artists seeking a permanent ground their talents are required to make an outstanding contribution to Singapore’s culture, boast remarkable mastery within their niche, be popular in their own country (or even worldwide) and have a vision how their talent helps to upgrade the local culture.