Singapore's numerous unique advantages have made it a popular destination for immigration in recent years. For those planning to immigrate with their families, Singapore is undoubtedly the best choice. It is reported that applicants' parents can apply for a long-term family visa to reside in Singapore. If both parents and parents-in-law need to apply for permanent residency simultaneously, an additional deposit of 300,000 Singapore dollars is required for each additional applicant.
According to immigration experts from WorldWay, under the Singapore government's immigration policy, entrepreneurs must indicate the source of their assets, investment direction, and specific purposes, and submit an application to the Singapore government in advance; family members of investment immigrants, including spouses and children under 21, can directly apply for permanent residency. It is worth mentioning that Singapore's investment immigration is a family-based immigration program, and the government encourages applicants to apply for green cards for their immediate family members to reside in Singapore. New immigrants who have become Singapore citizens can still apply for permanent residency, citizenship, or other residence visas for their elderly parents or other direct family members. The Immigration and Checkpoints Authority will evaluate individual applications and decide whether to approve the relevant applications.
Indeed, Singapore's investment immigration is very attractive. For example, the processing speed for Singapore's investment immigration is very fast, with immigration being processed in just 6 months; the speed of obtaining citizenship and a Singapore passport is even more astonishing, as green card holders only need to accumulate 1 year of residence within any 2 years to obtain a passport and apply for citizenship, whereas in the United States, Canada, and Australia, the process for new immigrants to obtain a passport can take 4 to 5 years. Obtaining a Singapore passport allows visa-free access to 100 countries, which is a dream for many entrepreneurs.
However, the most distinctive immigration policy in Singapore is that investment immigration applicants can bring their parents along. In other countries and regions, the main applicant can only bring a spouse and eligible children (generally under 21 years old). WorldWay immigration consultants state that this feature integrates the unique Eastern culture of "filial piety." The cost for the green card application for the main applicant's parents and parents-in-law is an additional investment of 300,000 Singapore dollars per person.
