Investment Schemes & Permanent Residence Permit Application in Singapore

Singapore’s pursuit of foreign investment as part of an overall economic strategy and opens the door wide open for talented foreigners and foreigners are wealthy to enter the country.

Legal frameworks and public policies are very profitable for the Singapore foreign investors. To do business in Singapore, foreigners are not required for the joint venture with local companies, and they have the same legal position with a local company. There are no restrictions for foreigners to invest back or revenue or capital repatriation.

Singapore has a tax policy with low tariffs are very attractive to foreigners and wealthy individuals. Since Feburari 2008, Heritage Property Tax / Domestic Tax (Inheritance Tax / Estate Duty) have been removed which makes Singapore a very attractive place to accumulate wealth.

In May 2008, Barclays Wealth reported that 23% citizens of Singapore has a wealth of more than U.S. $ 1 million, and this figure is expected to increase to 40.7% in 2017, the highest in the world.

Singapore Government, through the Economic Development Board (EDB) and International Enterprise Singapore (IE Singapore) provides a variety of incentive schemes for foreign investors. More details about this can be seen each mssing in http://www.sedb.com and http://www.iesingapore.gov.sg