Singapore has become a top destination for wealthy families seeking a safe, tax-efficient base in Asia. This article outlines residency programs and key benefits.
Singapore offers several residency pathways, including the Global Investor Program (GIP) and Employment Pass options. The GIP allows investors who commit at least SGD 2.5 million to local businesses or funds to apply for permanent residency. Families benefit from world-class education, political stability, and a strong healthcare system. Compared to other Asian jurisdictions, Singapore is known for its transparent policies and predictable tax regime.
FAQ:
- Q1: Can dependents apply under GIP? Yes, spouse and unmarried children under 21 are eligible.
- Q2: How long does PR approval take? Typically 6–12 months. User Comments:
- “The application process was detailed but very straightforward with the right consultants.”
- “Singapore’s clean governance is what made me choose it over Hong Kong.” Editor's Note: Singapore remains highly selective; applicants should prepare a strong financial and professional profile. Tags: Singapore Residency, Global Investor Program, Asia Relocation