Monday 6 October 2014

Benefits of Singapore Permanent Residence

Wonder why many entrepreneurs and big shot business magnets wants to move to Singapore to start a business?

Once upon a time, Singapore was just a humble fishing village, inhabited by an indigenous settlement,

Today Singapore is a bustling cosmopolitan city of high-rise buildings, landscaped gardens and heritage-rich precincts.

Singapore is the right place for you to earn a quick buck and perhaps to become rich in your lifetime.

So, if you are one who seeks to start up a new business in a foreign country! Then of course Singapore is your destination.

The advantages of getting Permanent Residence

The Singapore government has made special provisions to the foreign professionals to safeguard their interests and give them the essential rights.

With Singapore Company Registrationon one hand you can apply for Permanent Residence to avail these benefits.

PR status main advantage is allowing the residents to live in Singapore without any visa restrictions.

A Blue card (for PR) will be given to them once you obtain the permanent resident status for identification purposes.

Foreign parents of PR individuals are allowed to apply for a long term visit pass in Singapore. The children of these individuals can also choose either to go the public schools or private schools of their own choice.

Permanent residence also has a bearing regarding jobs. It allows individuals to switch to other jobs without any work permit.

Singapore encourages foreign professionals to apply for permanent residence who can contribute to the economic growth of Singapore.

Once you complete three years of permanent residence, the investor and family may apply for Singaporean citizenship.

Singapore is recorded as one of the easiest place to start a business.  So making a move for Singapore Permanent Residenceis worth every single penny.