Singapore Permanent Residence - Available Options

It is common for foreigners having experienced the Singapore life seeking permanent Residence to sustain the quality living. Beyond education qualifications, Singapore also looks for those with relevant experience and/or specific skills that can add vibrancy and diversity, and meet the needs of our economy. As the nature and needs of the economy change, Singapore governmental policies seek to adjust the requirements accordingly to ensure that new Permanent Residents (PR) and Singapore Citizens (SCs) fit the relevant profile. Generally an applicant can seek PR status under the following grounds. 

“Singapore will continue to welcome immigrants who can identify with our way of life and whose diverse talents can contribute to the vibrancy and viability of our country. Over the last 10 year between 1996 -2006 an average 36000 PR have been granted annually last year alone about 57000 PRs were conferred, Singapore welcomes deserving talents with open arms and consultancies of our caliber offer seamless service to make the immigration process a cakewalk” 

Scheme for Professional/Technical Personnel/Skilled Workers

Permanent Residents (PR) status under the Professionals, Technical Personnel & Skilled Workers Scheme (PTS) is conferred to those who have secured employment in Singapore prior to PR application. They should also hold an Employment Pass (P or Q Pass). Applicants must be below 50 years of age. The spouse and unmarried children (below 21 years of age) of a PR may also apply for PR status. Applicants under this scheme will be assessed by a Points System, which takes into account the type of employment pass, duration of stay in Singapore, academic qualifications, basic monthly salary, age, kinship ties in Singapore. 

Scheme for Investors

Foreigners interested in starting up a business or wishing to invest in Singapore, may apply for Permanent Residence (PR) status for themselves and their immediate family (spouse and unmarried children 21 years of age and below) under the Investor Scheme, by choosing one of the following options 

Invest at least S$1 million in a new business startup or expansion of an existing business operation or

  • Invest at least $1.5 million in a new business startup, expansion of an existing operation, approved Singapore-incorporated venture capital fund or Singapore-incorporated foundation or trust that focuses on economic development or
  • Invest at least $2 million in a new business startup, expansion of an existing operation, approved Singapore-incorporated venture capital fund or Singapore-incorporated foundation or trust that focuses on economic development. Residential property can be purchased with not more than 50% of the investment amount

Under this scheme the entrepreneurial track record, the business or investment plan and the skills will be considered for granting PR. 

Landed Permanent Residence

Those who have acceptable professional or tertiary qualifications, are working in professional, managerial or specialist jobs and are interested in relocating to Singapore but are currently not working in Singapore can apply for Landed Permanent Residence. A LPR is valid for up to 2 years within which the holder must find a suitable employment or relocate their families to Singapore. PR will be granted once employment is secured or the family has relocated to Singapore. 

Foreign artistic talents in art, photography, dance, music, theatre, literature and film may apply for Singapore Permanent Resident Status under Foreign Artistic Talent Scheme. This Scheme is jointly administered by the Singapore Immigration and the National Arts Council (NAC). 

Eligible foreign talents should have received formal training and /or have relevant working experience and have already established a reputation both at home and abroad. Applicants have to send a application along with resume and relevant testimonials to NAC which on perusal will send a PR application form deserving candidates. On receiving the completed form NAC will recommend the applicant to the Singapore Immigration for its decision. 

The following categories of foreigners are also eligible to apply:

  • Spouse and unmarried children (below 21 years old) of a Singapore Citizen (SC)/Permanent Resident (SPR);
  • Aged parents of a Singapore Citizen;

Approved-in-Principle (AIP) PR Scheme

This scheme provides a 5-year approval-in-principle PR to successful Hong Kong applicants. Holders can obtain Permanent Residence status if they secure employment or relocate their family to Singapore within the 5 years validity period.

Hong Kong residents who satisfy certain guidelines can apply for permanent residence. 

For foreign investors who are interested in the application of Singapore Permanent Residence (“PR”), Rikvin can assist with application of Permanent Residence.

For further details on eligibility criteria, application procedures, or enquiries, please contact our Advisory Team who can assist you with your requirements. Clients are invited to either visit our office (click here to see location map), or call us at (65) 64388887 to discuss their specific requirements, obligation-free. You may send your email enquires to: info@rikvin.com 

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