With its excellent living environment, education system, and welfare system, Singapore has become the preferred destination for immigration in the minds of many. Singapore is not only an ideal place for business but also a city extremely suitable for living. After immigrating to Singapore, you can fully enjoy its diverse charm, taste delicacies from all over the world, and benefit from generous social welfare treatments. So, what benefits can you actually enjoy after immigrating to Singapore? Let us take an in-depth look!
Benefit 1: Singapore Green Card. Obtaining a Green Card allows you to enjoy welfare benefits (housing, medical insurance, children's education, and retirement). You can purchase government-subsidized housing provided by the Singapore government and use 50% of your Central Provident Fund (CPF) to pay monthly bank mortgage installments. You can enjoy medical and retirement welfare coverage paid for by the CPF. Your children can enroll in all government schools (including primary schools, secondary schools, and tertiary institutions) and enjoy corresponding government scholarships or tuition loan arrangements.
Benefit 2: Singapore is one of the countries with lower tax rates. Numerous preferential tax policies attract many foreign businesses to invest in Singapore, making it an ideal base for companies to expand their business in the Asian region.
Benefit 3: Global citizenship. After holding Permanent Residency (PR) for 2 years, you can apply for Singaporean citizenship. As a Singapore citizen, you can hold a Singapore passport that offers visa-free access to 161 countries, allowing free travel to many countries including the United States, Canada, Japan, and the European Union.
Benefit 4: You can immediately sponsor your spouse and children for Green Cards, unconditionally sponsor your parents and parents-in-law to live in Singapore, and provide them with multiple-entry visas.
Benefit 5: Bilingual education in Chinese and English. Singapore implements bilingual education in English and Chinese. Singapore promotes teaching according to the student's aptitude and advocates a result-oriented education model, where students can apply based on their own abilities and comprehensive conditions.
Benefit 6: You can use your Singapore Personal Access (SINGPASS) to handle travel visas for relatives and friends to visit Singapore yourself; you can also provide sponsorship for domestic relatives and friends to study or reside in Singapore.
