Brief Introduction To Various Singapore Visas

Submitted by: Peter Lee One

As Singapore is fast growing economy thus many foreign professionals and working professionals from around the world are applying for different Singapore visas. This can be mind bubbling to choose a right singapore visa. So to help you out, here we is the brief description of different singapore visas.

Singapore is a land of opportunities and has been ranked as the top 4 most livable cities of Asia. This makes Singapore a fast growing economy, attracting foreign entrepreneurs and working professionals from around the world to apply for different Singapore Visas. Now applying for the right Singapore Visa can be difficult because of the diverse classifications of visas and the stringent immigrations laws of Singapore. Therefore to give a better understanding of various Singapore Visas a brief introduction to each visa category have been given below.

Singapore Visa – Oriented towards Work and Business in Singapore

Singapore Employment Pass – allows foreign entrepreneurs, skilled working professionals, shareholders and directors to work as well as live in Singapore for a year. EP, i.e. Employment Pass is valid for 2 years and can be renewed as long as one is working professional of the company in Singapore. The first time renewal validity of the EP is two years thereupon the validity lasts for three years.

Singapore EntrePass – is a

eviated for Entrepreneur Pass and is most suitable for those foreigners who wish to start a new business venture in Singapore.

Entrepass will validate your work and stay in Singapore for a year. This pass also makes a hassle free travel in and out of Singapore, with ease levied by the Singapore immigrations. This Singapore visa is renewal on yearly basis and is promptly renewed by the MOM (Ministry of Manpower Singapore), if your credentials are clear with all the criteria’s fully matched.

Personalized Employment Pass – or more often referred as PEP comes under the self sponsored Singapore visa. PEP caters to those working executives who require staying in Singapore in-between a job switch or are seeking newer employment opportunities. This Singapore Visa is valid for a period of six months.

S-Pass – can be seeked by mid-level and semi-skilled technicians or professionals. For this category of Singapore visa an assessment system is used. Applicants need to accumulate points based on multiple criteria, and only when they fulfill these criteria do they entitle themselves for the S – Pass.

Singapore Visa – From Investment Perspective

Singapore Entrepass- is a great option for those willing to bring an investment of at least and more than $50,000, and need to open a new company in Singapore. After a span of one year investor becomes eligible for the permanent residency in Singapore.

Global Investor Scheme – is for all those willing businessmen who can invest $2.5 million in Singapore and have a strong financial background.

FIS Scheme – is for those businessmen who have a gross asset of $20 million and willing to invest $10 million in Singapore.

Other Singapore Visas

Dependant Pass – is for the spouse and children of the person who is holding any of the above Singapore visas. Unmarried children, new born and children legally adopted before the age of 21 are all eligible for the dependent pass.

Long Term Visa Pass – can only be applied by the common – law spouses, unmarried daughters above the age of 21, parents, parents – in law and step children of the Employment Pass holders.

About the Author: Peter Lee is a renowned visa consultant here at Singapore and had efficiently processed hundreds of visas/pass for foreign immigrants and expatriates. You can get the most ample counsel for your Singapore Visa from Mr. Lee.Source:

one-visa.com

Source:

isnare.com

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