Singapore being at heart of Asia, is strategic location for most of international businesses to have their head offices. Along with location advantage, business friendly laws and policies of Government, Singapore is world’s most easiest country for any international company to do a business.
By situating your international HQ here, your company enjoys the following benefits:
Visas & Immigration
Individual foreign entrepreneurs and investors who are interested in setting up a long-term base in Singapore can either apply for the Employment Pass, EntrePass, or consider applying for Singapore Permanent Residence (PR) under the Global Investor Programme.
All Foreigners who are willing and ready to work in Singapore must possess work visa before they can start working. Employment Pass is for foreign professionals who work in a managerial, executive or specialised job. Candidates need to earn at least $3,600 a month (more experienced candidates need higher salaries) and have a good university degree, professional qualifications or specialist skills.
If you would like to start and operate a new business in Singapore, you can apply for an EntrePass, a work pass for foreign entrepreneurs.
The EntrePass is designed to facilitate the entry and stay of entrepreneurs who intend to start and operate a new business in Singapore. Successful applicants will be awarded a one-year pass.
Global Investor Programme (GIP)
The GlP accords PR status to investors with a substantial business track record who intend to drive the growth of their investments from Singapore. To qualify for the GIP, the applicant must either (a) invest at least S$2.5 million in a new business entity or in the expansion of an existing business operation in Singapore; or (b) invest at least S$2.5 million in a GIP fund that invests in Singapore-based companies.
Bestar offers a wide range of financial products and services to individuals and business owners. By seeking our sound financial information, by seeking our expert advice we are pretty sure that you shall be more clearer about your goals and take all necessary steps to reach them.