Singapore EntrePass 2024: Your Essential Guide

2024-06-21

The EntrePass program permits qualified international entrepreneurs to create and operate a venture-backed or innovative technology-based business in Singapore. Applicants who intend to start a business in Singapore are eligible for an EntrePass, which can later be used to obtain Singapore Permanent Resident (PR) Status.

In simple terms, the EntrePass is suitable for individuals who aspire to immigrate through entrepreneurship, regardless of their educational background.

Requirements

1. Company Requirements:

1) You can apply for the EntrePass without initially registering a company.
2) If you register a company before applying, it must be established within the last six months.
3) Be aware that certain specific industries are not eligible for EntrePass application. Check the list of ineligible industries in Singapore.

2. Personal Requirements:

1) You must be at least 18 years old.
2) Plan to register a company in Singapore and intend to hold at least 30% of its shares.
3) Ensure that your venture meets the innovation criteria, which is a prerequisite for application.

The timeline for EntrePass immigration

01. Choose Your Industry

Begin by selecting the industry you want to register in. There's no need to register the company immediately. Waiting until you secure the pass can help minimize unnecessary expenses.

02. Apply for the Pass

Prepare all required documents for the pass application, including patents or copyrights, personal documents, business plans, and application forms. This process typically takes around 3 weeks, but if acquiring new patents, add an extra 2 months for transfer time. MOM's review period takes approximately 8 weeks.

03. Register and Operate Your Company, Apply for DP For Your Family Members To Obtain LTVP

Once the company meets certain criteria, you can assist family members in obtaining Dependant's Passes (DP) and Long-Term Visit Passes (LTVP), allowing them to study and reside long-term in Singapore. We'll discuss the conditions for family pass applications in a separate post.

04. Apply for PR with Your Family

After 12-24 months of company registration and operation, you can apply for PR with your family.

05. Apply for Citizenship (Optional)

Six months after obtaining PR, you can apply for Singaporean citizenship.

Documents Required

1. Personal data

a. 2 passport type photos
b. Copy of passport (personal information page)
c. Resume (basic information, education, work experience, business experience, awards, personal expertise, etc.)
d. Previous work certificate and recommendation letter (required for those without business experience)
e. Highest education certificate (translation is required, and China's junior college degree or above requires the certification of www.chsi.com.cn)
f. Other individual awards or professional qualification certificates (translation required)
g. Personal deposit certificate (both Chinese and Singapore banks)
h. Patent certificate or copyright certificate (translation required)
i. Other personal materials (based on personal situation)

2. Company information (if the applicant has a company in China, it must provide it. If there is no company in China, it needs to strengthen personal work experience)

a. Business license, tax registration certificate, organization code certificate
b. Equity certificate
c. Financial statements of the company for the past three years
d. Other company information (such as brochures, websites, photos, leases, office photos, awards, etc.)

3. Business plan

4. Letter of Patent/Intellectual Property Transfer (if necessary)

Note: For those entrusted to us and customers, we will provide the applicant's own material list for information collection and preparation of application materials according to their specific conditions.

DOCUMENTS REQUIRED
Immigration Strategies

1. Dependant Pass (DP)

Available for spouses and unmarried children under 21. Requirements include:

a. One year of company operation
b. Hiring 3 local employees, or 1 Professional, Managerial, or Executive (PME).
c. Minimum expenditure of SGD 100,000.

2. Long Term Visit Pass (LTVP)

Allows Entrepass holders to apply for their parents. Conditions include:

a. One year of company operation
b. Hiring 6 local employees, or 2 PMEs.
c. Minimum expenditure of SGD 200,000.

3. Permanent Residency (PR)

Direct PR application is possible.

Established in 2011 and officially registered with the Ministry of Manpower, Singapore Skyline Business Singapore is your trusted partner for work pass and PR applications. Our experienced team specializes in Entrepreneur Pass (EP), S Pass (SP), Work Permit (WP), self-employed EP, and Dependant Pass (DP)/Long-Term Visit Pass (LTVP) applications. For expert assistance, feel free to contact us via WeChat (WeChat ID: sgtianyu1 or sissi-skyline) or WhatsApp us at +65-91328885.

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