It is reported that the Singapore Economic Development Board (EDB) has announced a new investment immigration policy. Singapore investment immigration will raise the investment threshold and application qualifications starting from January 1, 2010. To help clients catch the last train for immigration and enjoy high-end citizenship benefits, Worldway has launched a special promotion month starting today, before the price increase! For details, please call our immigration hotline: 400-700-3979.
On the first day of the promotion month, Worldway received more good news! After receiving excellent consulting services from Worldway experts, clients have already successfully signed contracts with us! This fully demonstrates Worldway's leading position in the industry and the professionalism of our client services. Worldway would like to kindly remind our clients: given that countries are currently raising their immigration thresholds, if you missed the opportunity to immigrate to Hong Kong, do not miss out on Singapore! This is your chance to catch the "last train" for immigration!
Appendix: The Singapore Economic Development Board has announced the new investment immigration policy:
I) Evaluation Criteria for the Global Investor Programme
Please note that the following changes will take effect from October 1, 2010:
For applicants with entrepreneurial and business experience, the company's main business turnover criteria:
The company's main business turnover in the previous year must reach at least SGD 30 million;
The company's average annual main business turnover over the last three years must reach at least SGD 30 million.
II) Investment Options
Please note that the following changes will take effect from January 1, 2011:
Under this programme, applicants may choose one of the following investment options:
Option A: Invest at least SGD 2.5 million to start a new business or expand an existing business.
Option B: Invest at least SGD 2.5 million in a fund approved by the Global Investor Programme.
Option C: The investment option will be cancelled; applicants cannot invest 50% of the investment amount into a private residential property for self-occupation.
III) Application for Permanent Residence for Family Members
Please note that the following changes will take effect from January 1, 2011:
The main applicant of the Global Investor Programme cannot apply for permanent residence for their parents or their spouse's parents. They may instead apply for a five-year Long Term Visit Pass (LTVP). The Long Term Visit Pass can be renewed based on the validity of the main applicant's Re-Entry Permit.
Advantages of living in Singapore:
(1) Temperature (similar to Hainan, China), 23-33 degrees Celsius all year round; there is only a dry season (August to February) and a rainy season (March to August).
(2) Clothing: Shirts + long/short pants. Winter clothes are not needed. Generally, a towel blanket and a thin sweater are sufficient. All offices, shopping malls, and buses are air-conditioned.
(3) Singapore has 8 TV channels. Channel U is a Chinese channel. There are Chinese newspapers, and buses or subways have both Chinese and English text. If you do not understand English, your daily life will not be affected.
(4) There are no ticket collectors on buses; everything is done by card. When buying things anywhere, you generally swipe your card and queue up. All public toilets have toilet paper and are very clean.
(5) Social security is excellent, ranking among the top in the world for three consecutive years. You rarely see arguments, and there are no vicious crimes such as murder, robbery, or rape. The whole country is equipped with video surveillance (including inside residential elevators), making it almost impossible to escape after committing a crime. Punishments for crimes are very severe, including caning and hard labor, so few people dare to risk breaking the law. Even drinking or eating on a bus or subway will result in a fine of SGD 500! Spitting or littering also incurs heavy fines.
(6) A society ruled by law with high efficiency. Registering a company only takes 2 hours, and there is no phenomenon of "red envelopes," bribery, or corruption. Civil servants, university teachers, lawyers, hairdressers, doctors, and nurses have very high salaries, so no one risks taking bribes.
(7) Chinese people account for 80% of the population in Singapore. There is no racial discrimination, and the social status of Chinese people is high (including the ancestors of the Prime Minister, etc.).
(8) Singapore has no time difference with China. It takes 6 hours from Beijing to Singapore and 3.5 hours from Nanning to Singapore.
