Just Ask - How to become a PR in SIngapore?

Hi Sherry Mae

I believed when you mentioned PR you are referring to Permanent Resident in  Singapore and not other post like public relation etc.

That is always the million dollar question that everybody seems to ask, In fact the answer is staring right on the face . Like I say,  if you have a million dollar(that is US dollar $ for now) any country will welcome you with an open arm in most country. The first rule of the games is that you are able to survival  and self sufficient in  your own without any additional burdened to the country economic.

This particular scheme officially known as Global Investor Programme (GIP Scheme) is often referred to as Investor Scheme, which requires you to invest at least SGD1.5 Million (approximately USD1.2 million). If your intention is to relocate to Singapore and you have excess funds, the Investor Scheme is the shortest route to permanent residency in Singapore. Your investment in Singapore economy is valuable because it will generate economic spin-offs and create employment. Singapore’s business-friendly policies, relatively low taxes, modern infrastructure, safe and clean environment have always been attractive to foreign investors. For the family Under the GIP permanent residence scheme, you can also apply for permanent residence for your family members as per the below guidelines:
• Your spouse and children 21 years and under are eligible to apply for PR under your PR application. Male dependents will be liable for National Service which is compulsory otherwise on medical ground.
• Your children who are over 21 years are eligible to apply for the 5-year Long Term Social Visit Pass (LTSVP), which is renewable and tied to the validity of your re-entry permit.
• Your parents and parents-in-law are eligible for PR at an additional investment of S$300,000 per person (approximately US$230K) under your application.Processing Time
Usually it will take 3-6 months to process the application. If your application is approved, you will be issued an Approval-in-Principle PR which is valid for 6 months, during which you will be required to make your investment. Once these documents have been received, you will be conferred PR status. Once you have cleared all the hurdles and have received the blue identity card given to all Singapore permanent residents, you can start contributing to the country’s economy. The bottom line if you have cash, the shortest route to PR with most country.