Singapore Business Visa:
Singapore Immigration welcomes prospective investors in to the country who want to invest in businesses based in Singapore. There’s a special visa called EntrePass and this visa has certain eligibility requirements to be met.
Following are the eligibility criteria:
--> You either should intend to start a company or invest in an existing company that’s registered with Accounting and Corporate Regulatory Authority.
--> Financial worth of at least $50,000 should be demonstrated in the bank that’s based in Singapore.
--> Singapore Immigration also asks for the bank statement of last six months that involve demonstrating the $50,000 cash flow.
--> A minimum of 30% should be of applicant’s in a company he’s starting or investing.
On top of the above requirements, the Singapore Immigration also asks applicants to demonstrate any one of the below characteristics:
--> Investment in the company by any of the nationally recognized Venture Capitalists or Angel Investors
--> The company should have some Intellectual property to its name recognized by approved national IP institution
--> Company should have tie ups with any of the nationally recognized educational institutions in the name of research for students studying there
Information regarding documentation, processing, processing time, clauses and prerequisites can be obtained from Competent Careers as we offer end to end guidance for candidates looking for Singapore Business Visa approvals.