Business Owner Visa Singapore
For entrepreneurs or business owners entrepass or employment pass 1 entrepass if you are planning to kickstart your business in singapore the entrepass is the most suitable visa for you.
Business owner visa singapore. Click on the tabs below to read more on the entrepreneur pass. Furthermore it provides a stronger stand when applying for a singapore permanent resident visa if that is your end goal. This higher salary cap is placed so as to prevent everyone and anyone from overpopulating singapore as singapore is a tiny island and not much room can be offered to the local residents if expats and their family s were to fight for a space to live.
This does not include parent in laws however. The singapore government encourages this form of business culture. This visa is for people who own and manage a business in australia.
Entrepreneur pass visa program in singapore has gone through a drastic tightening over the last few years. This visa is for foreign entrepreneurs to start up their new business in singapore. However the 2017 enhanced entrepass scheme has eased requirements making it easier for international entrepreneurs to enter and establish a new business in singapore.
Entrepreneurs generate revenue and encourages business and competition in singapore. Work visa holders who earn more than 12 000 sgd a month are entitled to this privilege. While it is unlawful for the holder of a b1 visa to manage or operate their business while in b1 visa status they can conduct business meetings investigate setting up a business and meet with.
Find out what businesses are eligible how to apply and the requirements for renewing the pass. Actions to be taken by entrepass holders if they or their dependants wish to enter singapore from overseas. A b1 visa can be a very flexible way for an investor or business owner to conduct due diligence on starting their business in the united states.
If you are applying for an entry visa for business visit attending business negotiations or discussions the local contact must be acting on behalf of the singapore registered business entity. The entrepass allows eligible foreigners to start and operate a new business in singapore. You have significant business experience or network and promising entrepreneurial track record of starting highly scalable businesses and want to establish develop and manage a new or existing business in singapore.