Mr. T, who first set foot in Singapore three years ago, only stayed for five days, and his impression of this island country remained at the stage of "ignorance" at most. At the beginning of this year, he officially obtained permanent residency in Singapore and became a member of the blue identity card. However, his public relations status is different from that of most immigrants from China or other places. Under the Global Investor Program (GIP) of the Economic Development Bureau of Singapore (EDB), he invested S $2.5 million in a locally registered fund company and obtained permanent residency at the end of last year on the premise that other conditions passed the examination.
The education level is high and the city is exquisite
For a gentleman, immigration is a long-standing concept. In recent years, he has considered Australia, Canada and Hong Kong, and finally chose Singapore. The customer said: "Singapore's education level is high, which is the first;" Secondly, we also prefer Singapore. Although the area is small, compared with Suzhou, urban construction and planning are closer to the' exquisite' level. " He intends to stay in China to manage the business of commercial equipment, and send 16-year-old son to study alone, and the couple visit him from time to time. When it comes to the military service system in Singapore, he thinks it is a good thing.
He said: "In the army, you can keep fit and cultivate your independence and self-improvement. Singapore has a good law and order. Living here alone can cultivate your independence. We can often visit him in Singapore. " He plans to let his son go to Singapore for university in the future: "Because there are many international schools in Singapore, such as Booth School of Business at the University of Chicago, INSEAD and Stanford International School in Singapore. Don't worry about your son's education. " Investment tycoon Rogers immigrated to Singapore with his family in order to let his children learn Chinese well. Rogers said: "For my wife and I, Singapore is a perfect city with fresh air, Chinese teaching in schools and good medical care."
Low tax rate attracts investment immigrants.
It must be said that Singapore's low tax rate is also the reason to attract super-rich immigrants. The highest personal income tax in Singapore is no more than 20%, and the highest corporate income tax is 17%. There is no capital gains tax and no inheritance tax. This kind of preferential tax policy is exactly what these super-rich people value.
Michael, one of the founders of the China website Job5 1 listed on NASDAQ, just changed F & nbsp; Singapore permanent resident to Singapore citizen in 20 14, and is currently the managing director of Singapore Phoenix Fund (F & h) Pte Ltd. He said: "China's domestic personal income tax is as high as 50%, but the highest tax rate in Singapore is only 20%; In addition, the China government taxes all over the world, even foreign income has to be declared, while Singapore does not. "
Political stability and predictability
With the increasing affluence, the number of China immigrants abroad has also increased rapidly in recent years. An important reason is that some problems in China's social system make some rich people in China feel unstable, so they will also consider immigration.
A China billionaire who has emigrated to Singapore said in an interview that the advantages of Singapore and other mature countries are political stability and high predictability. He said: "Recently, China's economy has taken off and its politics has become more and more stable, but there is no guarantee that 10 will remain unchanged after 20 years, which will affect your business or your family. Change is good, but some principled things should not be changed. For example, no matter how the United States changes, the constitutional rule that everyone is equal will always exist, while the system in China has not.
Pro-business business environment
Mr. X, a native of Zhejiang, is engaged in cloth trade. He established a new company five years ago and obtained permanent residency. He said it started with business. For example, Mr. X said, "China has the advantages of China. All suppliers are in China, but it needs a unified platform to engage in international trade. Singapore is the best platform, and China is a country with foreign exchange control. It is difficult for you to remit money from China. Therefore, after the suspension of investment immigrants in Hong Kong, more people turned their attention to Singapore.
As for applying for citizenship, I think Singapore passport can go to many countries without a visa. Mr. X said: "Businessmen in coastal provinces of China hold a large proportion of foreign passports."
As global enterprises look to Asia and Asian enterprises look to the world, investors realize that Singapore has become an excellent hub because of its pro-business environment, English-speaking environment, diversified workforce and perfect infrastructure. Having more than 7,000 multinational companies and more than 65,438+10,000 small and medium-sized enterprises is another reason to attract global investors. "
The Chinese-speaking environment in Singapore is familiar to China immigrants. On the other hand, for businessmen doing business in China, the time cost of the application process is relatively long in traditional big countries such as the United States, Canada and Australia. In Singapore, it takes about six to nine months for qualified applicants, and the cycle is relatively short. "
As a result, the proportion of wealthy immigrants in Singapore has increased rapidly, and immigrants from China are the fastest growing group.