bobcat
Newbie
Posts: 11
|
 |
« on: 24 March 2009, 18:33:35 pm » |
 Quote
|
I will be arriving in Singapore next year via the EntrePass (for foreign entrepreneurs who would like to start a business in Singapore). I'm in the early stages of planning so I'm not sure of a few things. Does entry inti Singapore allow me to become a permanent resident? If not I guess I would have to apply. Does anyone know how long the process would take?
|
|
|
|
|
Logged
|
|
|
|
|
ExpatSingapore Message Board
|
|
« on: 24 March 2009, 18:33:35 pm » |
Quote
|
|
|
|
|
|
Logged
|
|
|
|
|
dumb mum
Guest
|
|
« Reply #1 on: 24 March 2009, 20:31:29 pm » |
Quote
|
No, entry does not give you Permanent Resident status. To get that you have to live in Singapore for some time (1-2 years) and be able to prove that you have a regular income. I guess the 'Entrepass' is a way for foreigners without employment to try to make a go of it here. But I don't think they would renew it if you can't prove your worth.
|
|
|
|
|
Logged
|
|
|
|
bobcat
Newbie
Posts: 11
|
|
« Reply #2 on: 24 March 2009, 23:49:58 pm » |
Quote
|
How about if a person can support themselves? In other words if someone is financially secure.
|
|
|
|
|
Logged
|
|
|
|
|
Ade
|
|
« Reply #3 on: 25 March 2009, 11:52:01 am » |
Quote
|
My PR took about 5 months to come through but I understand 3 months is the norm.
Have you done a benefits analysis to weigh up the respective advantages of being a PR or an EntrePass holder? You may find becoming PR is not so important.
|
|
|
|
|
Logged
|
|
|
|
|
to Ade
Guest
|
|
« Reply #4 on: 25 March 2009, 12:08:13 pm » |
Quote
|
Was this 5 months after applying or 5 months after you first came to Singapore?
|
|
|
|
|
Logged
|
|
|
|
|
Dunnit
Guest
|
|
« Reply #5 on: 25 March 2009, 15:45:58 pm » |
Quote
|
For SPR government is looking for primarily 2 years of paid Income Tax (one year in a few instances I understand) to 'prove' you've earned income and paid tax on it. If you're in the high salarly field then applying for PR should be okay alternatively you need significant academic certs to assist the process. ICA take 2 - 3 months as an average. Also note that if you're PR fails you 1) can appeal but if not successful can't reapply and 2) you'd better check that a falure doesn't affect you permit which it does (or used to do) with the EP.
|
|
|
|
|
Logged
|
|
|
|
|
Ade
|
|
« Reply #6 on: 25 March 2009, 16:11:57 pm » |
Quote
|
Was this 5 months after applying or 5 months after you first came to Singapore?
5 Months after applying. I was in SG for about 18 months before I applied. |
|
|
|
|
Logged
|
|
|
|
|
dumb mum
Guest
|
|
« Reply #7 on: 25 March 2009, 21:23:57 pm » |
Quote
|
How about if a person can support themselves? In other words if someone is financially secure.
I don't think that helps with PR. It goes on your proven income in SG. I did hear tell (probably on this bo@rd) of someone who had been PR for years, then retired and tried to renew PR but was not allowed because he was not employed. |
|
|
|
|
Logged
|
|
|
|
|
none of my business...
Guest
|
|
« Reply #8 on: 25 March 2009, 21:27:12 pm » |
Quote
|
but why refer to yourself as 'dumb'??
|
|
|
|
|
Logged
|
|
|
|
bobcat
Newbie
Posts: 11
|
|
« Reply #9 on: 26 March 2009, 0:50:47 am » |
Quote
|
In my case I will be self employed so there isn't a guarantee that I will make money. I am financially secure so I would not be a burden on the state. For me there is an advantage to be PR because for tax reasons. In order for me to not pay taxes in Canada I have to become a non resident and become a PR of another country. Maybe with the EntrePass it might work out to the same thing since I will be living and working in Singapore. I guess I better check with am immigration lawyer.
|
|
|
|
|
Logged
|
|
|
|
|
AM PR
Guest
|
|
« Reply #10 on: 26 March 2009, 12:21:20 pm » |
Quote
|
Don't waste your money on an immigration lawyer. Ask the SG ICA directly about becoming a PR. They will talk to you as readily and as openly as to a lawyer. They are very easy to deal with (until something is rejected, then you are stonewalled with no info as to why, but that's pretty much the same with most gov't agencies here).
|
|
|
|
|
Logged
|
|
|
|
|
Vulcanl
Guest
|
|
« Reply #11 on: 26 March 2009, 12:48:58 pm » |
Quote
|
Bobcat,
I agree with PP re: lawyers. The websites are full of details that will fill in all the blanks for you.
Entrepass is not easy to obtain (not sure if you have it already). You will need to submit a detailed business plan for approval. The process takes several months.
Once you have secured the entrepass, you then need to show that your business is generating income after 6 months, upon which your EP is finalized.
Hope this helps you, best of luck.
The above is a rough idea of how this works.
|
|
|
|
|
Logged
|
|
|
|
EarthlyDesires
Newbie
Posts: 18
|
|
« Reply #12 on: 26 March 2009, 13:27:53 pm » |
Quote
|
Check with canadian immigration about taxation it may be necessary to only be a resident of another country to avoid canadian taxes. This is the case with many european countries.
I applied for PR after two years of living in SG and waited about 4 months. There were articles in the paper when I applied about the increase in PR applications over the past year.
|
|
|
|
|
Logged
|
|
|
|
|
Numpty
Guest
|
|
« Reply #13 on: 26 March 2009, 17:43:29 pm » |
Quote
|
<<I am financially secure so I would not be a burden on the state>>
No one here is a burden on the state, they dont give anyone anything
|
|
|
|
|
Logged
|
|
|
|
|
