Singapore Permanent Residency Guidelines

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					Singapore Permanent Residency Guidelines Unveiled by Rikvin

Rikvin, leading Singapore company registration services and corporate solutions provider
established a service that will cater applications for Singapore permanence residence status.

“Singapore population tipped at 5 million at the end of 2009, and one tenth of the
population are permanent residents. In 2009, almost 60,000 foreigners were granted
permanent residence status. The sophisticated infrastructure, education, safety and
healthcare are the top reasons why these new permanent residents choose to make
Singapore their home,” Rikvin said.

“Singapore has been keeping an open door immigration policy to attract foreign talent and
to maintain a healthy population growth. The driving factor has always been an economic
one. The low birth rate and the need to improve human capital in Singapore have been the
two main impetuses that led to the escalation in Singapore's population growth in the last
two decades. Foreign talent is an invaluable asset to a competitive economy,” Rikvin added.

Rikvin also discussed the three Singapore permanent residence schemes: Professional,
Technical Personnel and Skilled Worker Scheme (PTS Scheme), Global Investor Program
Scheme (GIP Scheme) and Financial Investor Scheme (FIS Scheme)

The most popular scheme for permanent residence in Singapore is the Professional,
Technical Personnel and Skilled Worker scheme (PTS Scheme). The scheme enables foreign
professionals working in Singapore under an Employment Pass, Entrepreneur Pass or
EntrePass and Skilled Worker Pass or S Pass to apply for permanent residence.

Next, The Global Investor Program is an initiative launched by Singapore Economic
Development Board and Ministry of Manpower. It is a program for foreign individuals and
entrepreneurs, who are keen to invest in or initiate new business activities in Singapore, and
in the process, obtain Singapore permanent residence. Spouses and children of these
investors are also eligible for Singapore permanent residence.

Lastly, the Financial Investor Scheme, launched by the Monetary Authority of Singapore
(MAS) enables and encourages UHNW's and their families to become Permanent Residents
of Singapore, so that they can benefit from Singapore’s array of financial services, as well as
its high standard of living.

About the Publisher:

Rikvin has successfully provided foreign and local entrepreneurs assistance to form a
Singapore company. The firm provides a full spectrum of corporate services under one roof
for Singapore company registration, accounting, tax, application for Singapore permanent
residency, work pass and related compliance services for individuals and companies
worldwide.

Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD")
If you are in our neighborhood and want to discuss any aspect of our service then feel free
to come in to our offices during business hours. Appointments are welcome but definitely
not necessary.

Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines: (65) 6438 8887
Fax (65) 6438 2436
http://www.rikvin.com

				
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posted:9/24/2011
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