Foreigners

Singapore Raises Permanent Residency Threshold for Ultra-Wealthy Business Owners and Investors

The Singapore Economic Development Board (EDB) recently announced changes to the Global Investor Programme (GIP), significantly raising the threshold for ultra-wealthy individuals seeking permanent residency in Singapore as business owners or investors. The move is part of an effort to support local startups and create more job opportunities for Singaporean citizens. The GIP, first introduced in 2004,...

The Top Neighborhoods for Foreigners to Buy Property in Singapore

Are you an foreigner looking to purchase a property in Singapore? Singapore is the perfect spot for foreigners to live and work because it is a flourishing business hub and a melting pot of cultures. Yet, choosing where to begin your search might be difficult given the variety of neighborhoods and areas available. In order to assist you in making an informed decision about where to buy your next property,...

Benefits of Singapore’s Global Investor Programme (GIP)

Singapore has become one of the most desirable destinations for foreign investors looking to invest in the country's economy. The Singapore government has launched several programs to attract foreign investors and make it easier for them to establish businesses or invest in existing companies. One of these programs is the Global Investor Programme (GIP), which offers foreign investors the opportunity to...

Expats say they’ll stay in S’pore, but spend less: HSBC survey

EXPATRIATES in Singapore feel fairly secure about staying here despite the global economic downturn. A recent global survey by HSBC has shown that 91 per cent of 192 expatriates living in Singapore said that they have not considered returning home despite the downturn. This is higher than the global average of 85 per cent, said HSBC in its annual "Expat Explorer" survey released yesterday. More than...

Lure the foreign buck

Make it easier for expatriates to buy houses they can live in WITH Singapore's safe track record and attractions, such as the two integrated resorts to be completed in a couple of years, this is the best time to attract more foreign entrepreneurs to Singapore. But not all foreign entrepreneurs can afford or are willing to pay for high-end condominiums as some may prefer to put more money into their...

goodbye expat, Hello nopat

Fast disappearing are the generous perks offered to people willing to relocate overseas for work stints EXPATS live the good life, according to popular perceptions. Company-provided housing in Districts 10 or 11, children’s school fees, cars, home leave and more do indeed make the expat lifestyle alluring. A predominance of Western and North Asian expats in past years has given way to ever more...

Long Term Pass card to be issued to foreigners residing in Singapore

Singapore will introduce a new Long Term Pass (LTP) card to all foreigners residing in Singapore on Student’s Pass (STP), long term visit pass, Employment Pass (EP) and Dependant’s Pass. The move is part of the government’s initiative to enhance the national security of the country, said the Immigration & Checkpoints Authority (ICA) and the Ministry of Manpower (MOM) in a joint statement on...

Survey finds Singapore the best place to live for asian expats

When it comes to work and play for Asian expats, Singapore is the number one choice. This is according to a recent survey by ECA International, a global human resources organisation. Singapore has maintained the top spot for ten years now but regionally, it is getting tough competition from Japan and even Hong Kong. The survey found that Singapore's infrastructure, low crime rate and lack of social and...

Survey ranks Singapore as best place to live for Asian expats

Singapore is the best city in the world for Asian expatriates to live in due mainly to its quality of life and low crime rate, a survey released Tuesday by ECA International showed. Sydney was rated second in the survey, with third spot shared by Melbourne and Kobe in Japan, the human resources firm said. Rounding out the top 10 list for Asian expatriates was Copenhagen in fifth spot, followed by Canberra...

DPM Wong Kan Seng says Singapore attracting more new PRs, citizens

Singapore has been increasingly attracting new citizens and permanent residents (PRs), who help sustain the country's economic growth. Deputy Prime Minister Wong Kan Seng said local Singaporeans alone are still not sufficient to meet the manpower demands here. He revealed the latest immigration statistics during the debate on the Prime Minister's Office budget on Wednesday. According to the figures,...

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