Singapore has always attracted a large number of foreign talents and businesses with its efficient economy, quality education and healthcare system, and globalized international environment. For many foreigners seeking a better quality of life and career opportunities, theImmigration to Singaporehas become a popular choice.In 2024, Singapore'simmigrantsThe policy continues to attract global talent, especially highly skilled individuals, entrepreneurs and investors. This article will unveil the most popular migration pathways in 2024 and help you understand how to start a new life in Singapore.

Background of Singapore's immigration policy

Singapore Immigration PolicySingapore has always been known for its flexibility, transparency and efficiency. The Government attracts foreign talent through a variety of immigration programs, especially professionals and entrepreneurs who are competitive in fields such as technology, finance, education, etc. In 2024, in response to changes in the global economy and the evolving needs of Singapore's local economic development, the Government made a number of adjustments to its immigration policy with the aim of attracting more top talent and long-term investors.

Most Popular Immigration Pathways in 2024

1. Employment Pass & Global Talent Program (EP & Tech.Pass)

**The Employment Pass (EP)** is one of the most common immigration routes in Singapore for foreign professionals who are working in Singapore and earning a high income. EP holders can work in Singapore and have the opportunity to apply for Permanent Resident (PR) status. In 2024, the criteria for EP application has been raised, with the government favoring highly skilled individuals who have expertise in fields such as technology, finance, engineering and biomedicine.

The **The Global Talent Program (Tech.Pass)** launched by the Singapore government is an immigration pathway specifically for senior professionals in the technology sector. If you have extensive experience and high-level skills in industries such as Artificial Intelligence, Data Science, FinTech, Digitalization, etc., Tech.Pass provides an ideal opportunity for you.Tech.Pass holders are not only allowed to work in Singapore, but also participate in local innovation and entrepreneurial activities, further integrating into Singapore's economy and culture.

Requirements for a successful EP or Tech.Pass application::

• Highly educated, usually requiring a bachelor's degree or higher, with some positions requiring a master's or doctoral degree;
• Some work experience, especially in the high-tech industry;
• Stable source of income with an annual salary requirement that meets the minimum standards set by the Singapore Government.

2. investment immigrationGlobal Investor Program

Singapore's **Global Investor Program (GIP)** is an immigration pathway for high net worth individuals who are interested in investing in Singapore.2024, this program continues to attract investors from around the world. Through this program, applicants can obtain permanent resident status by injecting a certain amount of money into the Singaporean economy.The GIP has higher financial requirements, but it provides applicants with a direct pathway to PR status in Singapore.

There are several investment options available to investors:

• Direct investment in local companies: Incorporation and capitalization of companies in Singapore.
• Funds or other business entities investing in Singapore: To invest in local funds, companies or other economic activities in Singapore.
• Establishment of innovative and high-tech enterprises:: Investments in enterprises, especially in areas such as high technology and sustainable development.

Requirements for a successful GIP application::

• High Net Worth Assets (HNWA), which normally requires an investment of not less than S$2.5 million (exact amount may be adjusted);
• Possess at least 3 years of experience in business management;
• Plan to create jobs or invest in innovation in Singapore.

3. Entrepreneur Pass

The Singapore Government has been actively encouraging global entrepreneurs to set up local businesses, particularly in the areas of technology, innovation and the green economy. The **Entrepreneur Pass (EntrePass)** is an immigration route for foreign entrepreneurs that allows them to open and operate new businesses in Singapore, especially those with innovative start-ups.

Successful applicants for the Entrepreneur's Pass can not only legally start a business in Singapore, but can also apply for permanent resident status if they are eligible. The business environment in Singapore is very business friendly and Entrepreneur's Pass holders can enjoy low tax rates, government-backed start-up financing schemes and excellent infrastructure support.

Requirements for a successful EntrePass application::

• Provide innovative and viable business plans, especially in the areas of science and technology and sustainable development;
• The company must be registered in Singapore and the business must be innovative or contribute to the local economy;
• Ensure that businesses meet minimum employment requirements and create a certain number of jobs.

4. Application routes for family members

For expatriates who are already Singapore citizens or permanent residents, their spouses, children and parents can also apply for PR status in Singapore through family members. The Singapore government has a lenient policy on family reunion, especially for spouses and minor children. In addition, in the case of parents who are Singapore citizens, they can also apply to become permanent residents of Singapore through the Family Reunification Program.

Requirements for a successful PR application for a family member::

• Spouses are required to provide proof of marriage and that they are in a stable marital relationship;
• Children are required to provide a birth certificate and be under 21 years of age;
• Parents applying need to provide proof of financial resources and documents related to family relationships.

5. Pathways to study

For international students studying in Singapore, applying for an Employment Pass or Permanent Resident status in Singapore after graduation is also a common route. Singapore has a world-class education system that attracts a large number of foreign students. Upon completion of higher education in Singapore, students can apply for Employment Pass to work and have the opportunity to apply for Permanent Resident status after fulfilling a certain number of years of employment.

successesStudy Abroad Immigrationexclusionary rule::

• Completion of a recognized tertiary education in Singapore with a degree;
• Get a job offer through the Employment Pass and work in Singapore for a period of time.

summarize

Singapore's immigration policy 2024 continues to attract global talent, especially those who are highly skilled, entrepreneurs and investors. Whether you are hoping to go through the Employment Pass,investment immigrationSingapore offers a wide range of flexible immigration pathways, from the Entrepreneurship Program to the PR application for family members. Choose the one that suits youSingapore Immigrationway, plan ahead and prepare the relevant documents, you will have a better chance to start a new life in Singapore.