Permanent Resident

Singapore offers permanent residency to foreign investors under the Global Investor Programme and holders of the above mentioned work passes under certain conditions.

Singapore offers permanent residency to foreign investors under the Global Investor Programme and holders of the above mentioned work passes under certain conditions. The benefits of the permanent residency include:

  • The capacity to stay in Singapore for an unlimited period of time, subject to the validity of the permanent residence issued;
  • Employer and employee contributions to the CPF;
  • The possibility of public home ownership; and 
  • The possibility for the resident's children to enter Singapore's public education system.

One of the main obligations pertaining to Permanent Residents is the obligation for their sons (if the sons are also Permanent Residents) to enlist for national service when they are 18. National service in Singapore lasts for 2 years. This is followed by 40 days of Operationally Ready National Service every year until they are 50 years old for officers, or 40 years old for other ranks.

Click here to find out more about Singapore's Immigration Requirements.

The benefits of the permanent residency include:

 

·         The capacity to stay in Singapore for an unlimited period of time, subject to the validity of the permanent residence issued;

·         Employer and employee contributions to the CPF;

·         The possibility of public home ownership; and

·         The possibility for the resident’s children to enter Singapore’s public education system.

 

One of the main obligations pertaining to Permanent Residents is the obligation for their sons (if the sons are also Permanent Residents) to enlist for national service when they are 18. National service in Singapore lasts for 2 years. This is followed by 40 days of Operationally Ready National Service every year until they are 50 years old for officers, or 40 years old for other ranks.

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