Benefit One: Singapore Permanent Residency. Obtaining a Permanent Residency allows immigrants to enjoy benefits such as housing, health insurance, children's education, and retirement. They can purchase government-subsidized housing and utilize 50% of their Central Provident Fund for monthly mortgage payments. They are entitled to medical and retirement benefits covered by the Central Provident Fund. Children can enroll in all government schools (including primary, secondary, and tertiary institutions) and are eligible for corresponding government scholarships or tuition loan arrangements.
Benefit Two: Singapore is one of the countries with lower taxes, and its numerous favorable tax policies attract many foreign investors, making Singapore an ideal base for businesses expanding into the Asian region.
Benefit Three: Global Citizenship. After holding Permanent Residency for two years, one can apply for Singapore citizenship, becoming a Singaporean citizen. Holding a Singapore passport allows visa-free access to 161 countries and facilitates travel to the United States, Canada, Japan, and many European Union countries.
Benefit Four: Immediate sponsorship for spouses and children to obtain Permanent Residency, unconditional sponsorship for parents and parents-in-law to reside in Singapore, and provision of multiple-entry visas.
Benefit Five: Bilingual Education in English and Chinese. Singapore implements bilingual education in English and Chinese. Singapore advocates for tailored education and promotes a results-oriented educational model, allowing students to apply based on their abilities and overall conditions.
Benefit Six: Through Singapore's electronic identity password (SINGPASS), one can independently apply for tourist visas for friends and relatives visiting Singapore; it is also possible to provide sponsorship for domestic friends and relatives coming to study or reside in Singapore.
