Difference Between An E-Pass & Permanent Residence

Before you migrate to any foreign land you need to have your documentation in order. For that you need to know everything that there is to know about the immigration laws about the country. Immigration laws differ from country to country. What might be relevant to one country may not be relevant to the other. Let us discuss Singapore in particular. This article focuses on the difference between an E-pass and permanent residence.

You can apply for various visas if you plan on moving to Singapore according to your needs and eligibility. Applying for an S-pass, an E-pass, permanent residence or even citizenship is an option. However each one of these carries its own pros and cons so let us look at the differences between an E-pass and permanent residence.  

An E-pass or an entrepreneurial pass is for businessmen who are looking to establish their businesses on Singapore soil. This would give them the right to incorporate a company and run a business in Singapore. The E-pass in valid for 2 years after which you can get it renewed as many times as it is needed as long as your business is up and running successfully.

E-pass holders also have the benefit of obtaining visas for their immediate family very easily so that they can come live with them in Singapore. There are also various tax benefits for business owners that can be conveyed better to you by a migration consultant. All in all applying for an E-pass is a great option; however there are many differences when it comes to permanent residence.

Applying for permanent residence has a host of benefits and advantages of its own. There are great differences when it comes to the E-pass. Permanent residents are entitled to own their own property in Singapore. Although that is only limited to second hand apartments; they are also entitled to easy housing loans in respect to this. 

Unlike E-pass, permanent residence gives you the freedom to stay in Singapore for as long as you’d want. That is a huge difference. Permanent residents do not have to leave the country in case they lose employment; however an E-pass holder can only stay in the country if he is conducting his business. Permanent residents also enjoy the facility of having preference for admissions for their children in public schools. 

There are many differences between an E-pass and permanent residence but you should apply for either one according to your needs and eligibility. Log onto immigration.sg to get more information related to that. The website is host to a lot of valuable information for those who plan to immigrate to Singapore. You can also get in touch with a company representative if you would like. 

All you have to do is contact them via the details that have been provided on the website for your convenience. As long as you do all this, you should find yourself in Singapore in no time at all. Good luck everybody!