🇸🇬Singapore — residence permit for top management

Lawyer, Family Office

Concept

When registering a company in Singapore, the company director can obtain an Employment Pass (EP) — a Singapore residence permit.

Minimum requirements

1. Have a company in Singapore
2. Pay yourself a salary to your personal account from the company account of at least $5,500 per month
3. Arrive in Singapore within 6 months of approval to obtain the residence permit card

More details on company registration in Singapore via the link below.

List of documents

1. Passport
2. Foreign residence permit, if any
3. Proof of address —utility bill or bank statement in English
4. Education diplomas
5. CV —marital status, employment history with positions by year, monthly salary at last 2 places of employment, education by year, membership in professional organizations, awards

All documents are provided as scans. Apostilles are not required.

Stages and timeframes

1. Document collection — 3-4 weeks
   • Provision of scans
   • Diploma verification — 15 business days
2. Application submission
3. Application review — 3 weeks
4. Stay in Singapore — 3 weeks
   • Appointment for Ministry visit — only possible after arrival in Singapore
   • Ministry visit
   • Receipt of residence permit card

Obtaining residence permit for additional applicants

After obtaining the Employment Pass for the main applicant, a Dependant Pass can be obtained for spouse and children.

Costs and overhead expenses

private.law service fees

1. If Russian passport and no other foreign residence permit
   • Main applicant — $2,600
   • Additional applicant — $1,400
2. If any other passport or Russian passport with another foreign residence permit
   • Main applicant — $1,500
   • Additional applicant — $1,000

Overhead expenses

1. Translation of education documents, if in Russian — approximately $50
2. Verification of education documents — approximately $100
3. If education is not includedin the top 100 world universities according to Singapore's list(among Russian universities only MSU is included), then phantom employee costs — approximately $10,000

Obtaining residence permit card in Singapore

To obtain the residence permit card you must come to Singapore for approximately three weeks.

1.Preparation for arrival in Singapore

3 days before arrival in Singapore you must complete the arrival card. Instructions below.

Before the flight, be sure to check that you have the following documents:

• passport for which tickets were purchased
• printed IPA form — duplicated below
• printed arrival card

2.Arrival in Singapore

After arrival in Singapore, to book a ministry visit you must provide:

• Singapore phone number
• Singapore address for card delivery
• DE number from the arrival card

We recommend buying a SIM card in the city and paying for a full year immediately from one of the following operators: Singtel, M1, StarHub, MyRepublic.

For a comfortable stay in Singapore we have prepared a special guide with various recommendations.

3. Scheduling a Ministry visit

Usually Ministry visit appointments are available within 3-5 business days from the time all data is provided.

After booking your appointment you will receive:

• Notification letter
• Appointment letter

4. Ministry visit

When visiting the Ministry you will need to:

• Submit fingerprints
• Take a photo
• Complete Singpass registration

No special dress code required.

6. Receiving the card

The card will be produced within 5-7 business days from fingerprinting and delivered to your specified address.

If you plan to leave Singapore earlier, we can arrange delivery to another country.

Personal banking

After Singpass registration there is an option to open a personal account with DBS bank in a simplified and fully remote manner.

Instructions below.