Permanent Residence Schemes

Singapore permanent residence status is gaining momentum among the expatriate due to the various advantages such as tax benefits and other facilities which are entitled to the citizen of the country.   The simple and hassle free application procedure makes it more alluring and fascinating!

There has been a tremendous increase in the number of foreign nationals choosing Singapore as their new home. People come from abroad for living and working in Singapore with work visas and in due course of time apply for permanent residence (PR). The idea behind this is to avail the benefits that Singapore government has ensured for its permanent residents. Let us look at the various PR schemes and benefits that Permanent residents in Singapore can avail.

Benefits of Permanent Residence Singapore

• After you get the permanent residence status, the Ministry of Manpower (MOM) will issue a Blue Card, which is your identity proof. Once you have this card you can move in and out of the country without any visa restrictions.
• As a permanent resident of Singapore, if your children are school-goers, then they are entitled to get admission in the best Singapore public schools as they will be high on priority list according to Singapore government.
• You can change jobs at will without worrying about work visas or permits.
• You become part of the Central Provident Fund (CPF) scheme due to your PR status, whereby your employer and you contribute some amount to a pension fund.

 Permanent Residence Schemes

1. PTS (Professional, Technical personnel and skilled worker) Scheme: Foreign nationals holding an Employment pass, Entrepreneur pass, Skilled Worker pass or S Pass can apply for permanent residence via the PTS scheme.
2. GIP (Global Investor Program) Scheme: In order to attract the investors and businesses in Singapore, the GIP scheme has been introduced due to which the investors can apply for permanent residence.
3. FA (Future Artistic Talent) Scheme: To attract the top notch foreign artists to Singapore, the FA scheme has been put in place, which allows the foreign artists to apply for Singapore PR.

Singapore Taxation provides Singapore permanent residence services that enable your PR application process simple and hassle-free. We also make sure that your chances of getting a permanent residence status are enhanced.

info@taxationservices.com.sg

+65-6536 0036