Singapore has been rated as one of the best countries to live, work and raise a family. With a strong economy, stable political environment, low crime-rates, low corruption, world-class education system and strategic geographical location, it poses as an ideal country for individuals and families to relocate to or gain a form of residency in.
The preferred route to gain permanent residency ("
PR") in Singapore would be through the Global Investor Programme (“
GIP”) while the other route would be the Professional/ Technical Personnel & Skilled Worker scheme ("
PTS Scheme"). This article aims to provide an overview of both schemes and will also further explore the amendments made to the Global Investor Programme (“
GIP”).
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