FEED Validator

for Atom and RSS and KML

Congratulations!

This is a valid RSS feed.

Recommendations

This feed is valid, but interoperability with the widest range of feed readers could be improved by implementing the following recommendations.

line 30, column 0: Use of unknown namespace: com-wordpress:feed-additions:1 (13 occurrences) [help]
```
<site xmlns="com-wordpress:feed-additions:1">225023086</site>	<item>
```
line 224, column 0: content:encoded should not contain aria-level attribute (181 occurrences) [help]
```
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;" ...
```
line 475, column 0: content:encoded should not contain role attribute (100 occurrences) [help]
```
Real estate agents
```

Source: https://iasg.com.sg/feed/

<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
xmlns:content="http://purl.org/rss/1.0/modules/content/"
xmlns:wfw="http://wellformedweb.org/CommentAPI/"
xmlns:dc="http://purl.org/dc/elements/1.1/"
xmlns:atom="http://www.w3.org/2005/Atom"
xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
>
<channel>
<title>Immigration@SG</title>
<atom:link href="https://iasg.com.sg/feed/" rel="self" type="application/rss+xml" />
<link>https://iasg.com.sg</link>
<description>Singapore Immigration Services</description>
<lastBuildDate>Thu, 16 Oct 2025 09:40:44 +0000</lastBuildDate>
<language>en-GB</language>
<sy:updatePeriod>
hourly </sy:updatePeriod>
<sy:updateFrequency>
1 </sy:updateFrequency>
<generator>https://wordpress.org/?v=6.8.3</generator>
<image>
<url>https://iasg.com.sg/wp-content/uploads/2022/06/cropped-iasg-site-logo-32x32.png</url>
<title>Immigration@SG</title>
<link>https://iasg.com.sg</link>
<width>32</width>
<height>32</height>
</image>
<site xmlns="com-wordpress:feed-additions:1">225023086</site> <item>
<title>What Does It Mean To Hold the World’s Strongest Passport?</title>
<link>https://iasg.com.sg/what-does-it-mean-to-hold-the-worlds-strongest-passport/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Thu, 23 Oct 2025 02:35:28 +0000</pubDate>
<category><![CDATA[Immigration]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9209</guid>
<description><![CDATA[Does having a strong passport make a difference in one's life? What are the benefits and limitations of a strong passport? IASG lists them down in this article.
The post <a rel="nofollow" href="https://iasg.com.sg/what-does-it-mean-to-hold-the-worlds-strongest-passport/">What Does It Mean To Hold the World’s Strongest Passport?</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[Singapore passport tops global passport rankings every year , consistently offering its citizens visa-free or visa-on-arrival access to nearly all of the countries in the world. This reflects decades of careful diplomacy, political stability, and a reputation for strong governance.
Unlike many other countries that fluctuate in the rankings, Singapore has maintained its lead by forging wide-ranging bilateral agreements, ensuring its citizens are trusted travellers across continents. The strength of the passport is both a symbol of the city-state’s international credibility and a practical advantage for its people, who enjoy unparalleled freedom of movement.
For Singaporeans, this global access is often taken for granted. But for others, the Singapore passport is seen as a golden key that unlocks opportunities for education, business, and lifestyle choices across borders worldwide. It is one of the reasons why so many aspire to settle in Singapore and eventually pursue citizenship.
<h2>The Measure of Passport Strength</h2>
Every year, the global passport ranking is released, sparking discussions about travel freedom, privilege, and international mobility. When a country’s passport is crowned the “world’s strongest,” it means more than just being able to travel freely, it represents global trust, diplomatic influence, and the lived realities of its citizens when they cross borders.
At its core, passport strength is measured by the number of destinations a citizen can visit without needing a visa in advance. Passports from countries such as Singapore have often topped the charts, and in the <a href="https://www.henleyglobal.com/passport-index/ranking" target="_blank" rel="noopener">latest ranking</a>, granting Singaporeans entry to 193 countries either visa-free or with a visa-on-arrival. Note, there are a total of 195 countries, including observer states Palestine and the Vatican CIty, giving Singaporeans access to all the countries in the world!
<h2>Beyond Travel Convenience</h2>
For travellers, this translates into an enormous reduction of bureaucratic hurdles: no long forms to fill, no weeks of waiting for approvals, no financial documents to prove solvency, and fewer restrictions at borders.
Yet, beyond convenience, a powerful passport is a reflection of a nation’s reputation and stability. Visa-free access is not granted lightly. It is the outcome of years of diplomatic negotiations, trade agreements, and geopolitical trust.
<h2>The Global Reputation Factor</h2>
Countries that issue strong passports are often seen as low-risk in terms of illegal immigration, terrorism, or political instability. Their citizens are viewed as unlikely to overstay visas or burden host nations, which makes other governments more willing to open their doors.
For the individual, holding such a passport is a form of invisible privilege. A citizen from Singapore can book a last-minute trip to dozens of countries without a second thought, while someone from a nation with a weaker passport such as India may need to start the visa application process months in advance, often at high cost, with no guarantee of approval.
<h2>Hassles of Having a Weak Passport</h2>
On the other side of the spectrum, holding one of the world’s weakest passports can be a constant struggle. Citizens from countries such as Afghanistan, Syria, or Iraq often face enormous obstacles in international travel. Simple trips that others take for granted, like a short holiday, a business conference, or visiting family abroad, require extensive visa applications.
These applications often involve submitting bank statements, employment contracts, proof of assets, and even family records to demonstrate strong ties to home. Approval is never certain, and rejection is common. The process can also be expensive, with visa fees, translation costs, and travel to embassies adding up to hundreds of dollars.
Even when visas are granted, travellers with weaker passports may face longer interrogations at immigration checkpoints, stricter scrutiny, or outright prejudice. For many, the psychological burden of constantly proving their worth to travel is as exhausting as the paperwork itself. In effect, the weak passport becomes a barrier not just to mobility, but also to opportunity, dignity, and a sense of equal standing in the world.
<h2>Can Strong Passports Be Bought?</h2>
While most people inherit the strength of their passport by birth, some countries allow individuals to acquire stronger passports through wealth. Programs known as “<a href="https://www.visualcapitalist.com/want-a-second-passport-these-13-countries-let-you-buy-citizenship/" target="_blank" rel="noopener">citizenship-by-investment</a>” (CBI) or “golden passports” enable foreigners to obtain citizenship in exchange for significant financial contributions, usually in the form of property purchases, government bonds, or direct donations.
Countries such as Malta and several Caribbean nations have run such programs, offering investors access to passports with relatively strong global mobility. For example, a Caribbean passport can provide visa-free entry to the European Union and parts of Asia, while Malta’s passport offers near top-tier access within Europe.
However, these schemes are controversial. Critics argue they create an unfair “two-tier system” where the wealthy can buy privileges that ordinary citizens of weaker passport countries will never access. Security concerns have also been raised, with the European Union warning that some programs could be exploited by criminals or politically exposed individuals. In recent years, tighter regulations and international scrutiny have caused some countries to scale back or even shut down their golden passport offerings.
In short, while strong passports can sometimes be “bought,” their legitimacy and acceptance often come with strings attached. True passport power, built on national reputation and trust, cannot simply be purchased – it must be earned over decades of diplomacy and stability.
<h2>Is This Why Many Want to Become Singapore Citizens?</h2>
Singapore consistently ranks at the very top of global passport indexes, giving its citizens visa-free or visa-on-arrival access to nearly all major economies in the world. For many aspiring immigrants, this is a strong incentive to <a href="https://iasg.com.sg/singapore-citizenship/">seek Singaporean citizenship</a>. A Singapore passport not only opens doors to over 190 countries but also provides access to one of the world’s most stable, well-connected, and respected nations.
For foreign professionals, permanent residents, and long-term migrants, the allure goes beyond the country’s economic opportunities and quality of life, it is also about global mobility. In a world where nationality can determine whether you face long queues at consulates or glide through airports with minimal fuss, holding a Singapore passport is life-changing. It transforms the way people can plan their careers, education, business ventures, and family lives across borders.
That said, Singapore does not offer citizenship lightly. Unlike countries that run “golden passport” schemes, Singapore requires years of residency, economic contribution, and integration into society before granting citizenship. This makes its passport not only highly sought-after but also highly respected, as it cannot simply be bought.
<h2>How Passport Power Shapes Lives</h2>
This difference shapes how people live, work, and see the world. A strong passport expands opportunities for education abroad, international careers, medical travel, and even spontaneous leisure. A weaker passport, by contrast, can limit dreams and close doors before they are even opened.
Having a strong passport like Singapore also accords its holder respect or an elite status in the eyes of the world. 
<h2>Limits of a Strong Passport</h2>
<h3>Global Mobility Restrictions During Pandemic</h3>
However, passport power is not absolute. Having the world’s strongest passport does not guarantee a frictionless journey every time. Immigration officers still have discretion, and global crises can change rules overnight as seen during the COVID-19 pandemic when even the strongest passports could not bypass sudden travel bans.
<h3>Changes in Immigration Policies of a Country</h3>
Recent developments in international travel policies particularly in the United States have shown that even holders of the world’s strongest passports are not entirely immune to restrictions. Heightened border controls, evolving security measures, and stricter immigration scrutiny have affected travellers across the globe, regardless of their passport ranking. 
While Singaporeans are not subject to any travel bans or specific entry or stay prohibitions in the United States, the overall tightening of immigration protocols has introduced new layers of complexity. Travellers have reported lengthier interviews, more detailed questioning regarding their purpose of visit and inquiries into their personal financial situations, such as bank account balances or employment status.
For many Singaporeans who have been accustomed to efficient, rules-based systems and generally smooth international travel, these experiences can be unexpectedly intrusive and uncomfortable. They underscore a broader reality: passport strength guarantees access, but not always ease. As global security concerns grow, even citizens of trusted nations may face heightened scrutiny at borders, reflecting the increasingly cautious stance many countries are adopting toward immigration and international movement.
<h3>Immigration Profiling at Borders</h3>
Strength on paper does not erase the complexities of identity, as race, religion, and nationality can still influence how travellers are treated at borders. While a strong passport provides legal access, it does not guarantee equal treatment during the immigration process.
Across many major airports, immigration profiling remains a subtle yet persistent practice. Border control officers exercise wide discretionary authority, assessing travellers based not only on their documentation but also on perceived risk factors often shaped by global politics, media narratives, and security alerts. As a result, individuals may experience varying degrees of scrutiny depending on how they are perceived.
For example, Muslim travellers may face additional questioning or security checks in some Western countries due to lingering post-9/11 security sensitivities. Similarly, ethnic Chinese travellers have occasionally been subjected to increased scrutiny amid rising geopolitical tensions and concerns over espionage or data security, especially when visiting the United States or parts of Europe.
Meanwhile, travellers from countries associated with high levels of online fraud or human trafficking may find themselves questioned more thoroughly about their finances, employment, or reason for travel. Such profiling often extends to their digital footprints, with officers sometimes reviewing itineraries, accommodation details, and even social media presence to verify intent.
These examples illustrate that immigration control is shaped as much by perception as by policy. Even holders of top-ranked passports, such as Singaporeans, can face uncomfortable levels of scrutiny depending on how their identity intersects with current geopolitical narratives. Ultimately, while passport power ensures access, it cannot entirely shield travellers from the biases and security protocols that define modern border control.
While these limitations may affect travel experiences, strong passport holders still have it better than others.
<h2>The Freedom to Move</h2>
In the end, to hold the world’s strongest passport means freedom, access, and trust on an international scale. It is both a practical advantage and a symbol of a country’s standing in the global community. 
For many, it represents mobility taken for granted; for others, it is a reminder of the unequal value placed on citizenship across the world. Passport rankings may shift year by year, but the meaning behind them remains constant: the power of a passport is, ultimately, the power to move.
The post <a rel="nofollow" href="https://iasg.com.sg/what-does-it-mean-to-hold-the-worlds-strongest-passport/">What Does It Mean To Hold the World’s Strongest Passport?</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9209</post-id> </item>
<item>
<title>Growing Singapore’s Robotics Industry Via Niche Innovation and Talent</title>
<link>https://iasg.com.sg/growing-singapores-robotics-industry-via-niche-innovation-and-talent/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Thu, 16 Oct 2025 09:35:08 +0000</pubDate>
<category><![CDATA[Business News]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9204</guid>
<description><![CDATA[How does Singapore's robotics industry compete on the global stage? And what does this mean for inbound immigration?
The post <a rel="nofollow" href="https://iasg.com.sg/growing-singapores-robotics-industry-via-niche-innovation-and-talent/">Growing Singapore’s Robotics Industry Via Niche Innovation and Talent</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[The robotics industry is not new, but with recent technology advancements, it is becoming more sophisticated, accessible, and intertwined with daily life. What was once the domain of industrial assembly lines has now spilled into warehouses, restaurants, and city streets; from surgical robots and autonomous delivery vehicles to warehouse drones and AI-driven customer service assistants. The field is no longer just about machines performing repetitive tasks; it is about intelligent systems learning, adapting, and collaborating with humans to solve complex problems.
<h2>The Global Robotics Landscape</h2>
The global robotics industry has grown into one of the defining sectors of modern technology, shaping manufacturing, healthcare, logistics, and even everyday services such as <a href="https://www.channelnewsasia.com/watch/pest-control-robots-helping-keep-mosquitoes-bay-in-singapore-5342646" target="_blank" rel="noopener">pest control</a>. Annual installations of industrial robots surpassed half a million units in 2024, more than double the levels seen just a decade ago. Asia dominates this landscape, accounting for nearly three-quarters of global demand, with China leading in volume and South Korea and Japan excelling in density and advanced applications. Europe, particularly Germany, continues to stand out in precision engineering and robotics integration.
Alongside industrial machines, service robotics has emerged as a fast-growing category, with applications in logistics, healthcare, construction, and inspection opening new frontiers for innovation and commercialisation.
<h2>Singapore’s Strategic Position in the Robotics Industry</h2>
Amid this competitive global scene, Singapore occupies a distinctive position. Although the city-state lacks the scale and cost advantages of larger manufacturing economies, it has carved out a role as a hub for high-value robotics innovation and commercialisation.
Singapore consistently ranks among the top countries in robot density relative to its workforce, particularly in electronics, <a href="https://iasg.com.sg/singapores-growing-manufacturing-industry-and-its-impact-on-immigration/">precision manufacturing</a>, and logistics. National strategies such as the <a href="https://nrp.gov.sg/" target="_blank" rel="noopener">National Robotics Programme</a> and the broader <a href="https://www.nrf.gov.sg/rie-ecosystem/rie2025handbook/" target="_blank" rel="noopener">RIE2025</a> research and innovation plan have placed robotics and embodied artificial intelligence at the heart of Singapore’s future economy. Through these initiatives, the government funds cutting-edge research, supports translational projects that move technologies from labs to industry, and provides testbeds in areas such as ports, airports, and hospitals where robotics solutions can be trialed in real-world conditions.
<h2>Singapore’s Strengths and Challenges</h2>
<h3>Systematic Ecosystem</h3>
Singapore’s strengths lie in its ecosystem rather than sheer production capacity. The presence of multinational corporations (MNCs), a robust intellectual property framework, and a willingness among corporations to pilot new technologies make the country a natural launchpad for robotics startups and international firms looking to expand in Asia. 
<h3>Scaling Platform</h3>
Initiatives like <a href="https://www.edb.gov.sg/en/about-edb/media-releases-publications/robonexus-launches-to-help-sg-robotics-startups-and-smes-go-global.html" target="_blank" rel="noopener">RoboNexus</a> bring together researchers, startups, and industry players to speed up the path from prototype to market. At the same time, Singapore’s logistics infrastructure, healthcare system, and urban environment provide rich opportunities for deployment in high-value niches. Where China dominates mass production, Singapore focuses on precision components, systems integration, and software-driven robotics solutions that can be scaled regionally and globally.
<h3>High Operating Costs and Limited Space</h3>
Yet the industry also faces challenges. Singapore’s high operating costs and limited land base mean it cannot compete as a mass manufacturing hub for robotics hardware. Instead, it must continue to position itself as a centre for intellectual property creation, systems innovation, and robotics-as-a-service business models. 
<h3>Building a Skilled Workforce</h3>
Another persistent challenge is talent. While Singapore has developed strong capabilities in engineering and computer science, scaling the robotics industry requires a deep pool of mid- and senior-level specialists who can bridge research, design, and commercialisation. However, skilled talent is still a challenge within the local workforce.
<h2>The Role of Inbound Immigration in Singapore’s Robotics Industry</h2>
Immigration has been a quiet but essential enabler of Singapore’s robotics ambitions. Robotics companies often require highly specialised expertise ranging from mechanical design of compliant manipulators to perception engineering and control systems. These talents may not yet exist in sufficient numbers locally. <a href="https://iasg.com.sg/singapore-employment-pass-ep-all-you-need-to-know/">Employment Passes (EP)</a> and targeted immigration routes allow firms to bring in these rare skill sets quickly.
In recent years, Singapore has refined its immigration policies to prioritise high-skilled professionals, raising salary thresholds while introducing schemes such as <a href="https://iasg.com.sg/tech-pass/">Tech.Pass</a> that are tailored to experienced founders, entrepreneurs, and industry leaders. These measures ensure that the country attracts top-tier talent who can fill critical technical gaps, anchor multinational R&D centres, and mentor the next generation of local engineers.
Beyond technical expertise, inbound immigration provides other advantages. Senior hires often bring entrepreneurial experience and venture networks that accelerate the growth of startups, connecting Singaporean firms with overseas markets and funding opportunities. MNCs also find Singapore attractive as a regional headquarters because they can relocate global teams here, reinforcing the city-state’s role as an innovation hub. Most importantly, foreign professionals contribute to knowledge transfer. Local engineers and technicians learn advanced robotics integration skills directly through collaboration, multiplying the long-term value of each hire.
<h2>Can Robotics Replace Immigration in the Future?</h2>
In recent years, robots have begun cooking up a storm in <a href="https://asiafoodjournal.com/smart-kitchens-smarter-future-how-ai-and-robotics-are-transforming-the-way-we-cook/" target="_blank" rel="noopener">commercial kitchens</a>. From automated wok stations that stir-fry with precision to robotic baristas that brew hundreds of cups an hour, the food and beverage (F&B) industry has become one of the most visible testbeds for robotics in Singapore. These innovations are not just futuristic novelties; they are born out of necessity.
Singapore’s F&B sector, known for its relentless pace and razor-thin margins, has long struggled with manpower shortages. Recruiting and retaining workers has become increasingly difficult. Local employees often shy away from long, physically demanding shifts, while employers face rising wage expectations and tighter rules on hiring foreign workers. Immigration policies have evolved to prioritise higher-skilled professionals, leaving labour-intensive industries scrambling for solutions.
This labour squeeze has pushed many businesses to look toward automation as a survival strategy. Robots don’t need rest, salaries, or work permits and they can operate around the clock. Smart kitchens equipped with robotic systems can prepare consistent meals faster and more safely, reducing dependence on transient labour. In theory, this could ease Singapore’s reliance on foreign workers in low-wage sectors, a dependency that has long shaped its economic and immigration policies.
However, the rise of robotics also presents a paradox. While automation may reduce the need for certain types of manpower, it simultaneously increases the demand for another: skilled engineers, technicians, and systems integrators who design, maintain, and improve these machines. The same tightening of immigration that affects F&B service staff also impacts the ability to bring in such technical specialists essential to keeping the robotic infrastructure running.
Thus, rather than fully replacing immigration, robotics reshapes it. The future workforce may consist of fewer manual workers but more high-skilled foreign professionals who can build and sustain automation systems. The balance between technology and talent will determine whether Singapore’s industries can continue to grow without losing their competitive edge.
In essence, the robots may take over the frying pans and serving trays, but behind every machine stands a network of global human expertise. The challenge for Singapore will be ensuring that its immigration, education, and innovation policies evolve together, so the country remains both technologically advanced and economically inclusive.
<h2>Balancing Policy and Growth</h2>
Singapore’s immigration strategy, therefore, complements its research and innovation policies. By investing in testbeds and R&D while simultaneously ensuring a pipeline of global expertise, the country positions itself as a place where high-value robotics ideas can be developed, tested, and scaled. The policy trade-off is clear: while raising salary thresholds for foreign professionals increases hiring costs, the productivity and ecosystem benefits outweigh the risks, especially in a sector as complex and fast-moving as robotics.
<h2>Future of Robotics Industry in Singapore</h2>
In the broader global context, Singapore does not aim to rival China in sheer production numbers. Instead, it plays to its strengths as a commercialisation node, a place where public R&D, private investment, corporate partnerships, and international talent converge. By focusing on precision, reliability, and trust, Singapore can sustain its role as one of the most influential robotics hubs in Asia Pacific.
The future of robotics in Singapore will hinge on its ability to maintain this balance. Continued investment in R&D, strong support for startups, and a forward-looking immigration framework will allow the country not only to participate in the global robotics revolution but to shape it in ways that reflect its strengths: innovation, trustworthiness, and connectivity. In an industry increasingly defined by both scale and sophistication, Singapore’s edge will be in demonstrating how a small nation can lead through strategic focus and global openness.
The post <a rel="nofollow" href="https://iasg.com.sg/growing-singapores-robotics-industry-via-niche-innovation-and-talent/">Growing Singapore’s Robotics Industry Via Niche Innovation and Talent</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9204</post-id> </item>
<item>
<title>Retail High Rental Costs in Singapore & Its Effects</title>
<link>https://iasg.com.sg/retail-high-rental-costs-in-singapore-its-effects/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 10 Oct 2025 04:47:24 +0000</pubDate>
<category><![CDATA[Business News]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9197</guid>
<description><![CDATA[Is high rental costs killing Singapore's small retailers? What are the effects on the local workforce, inbound immigration and business landscape?
The post <a rel="nofollow" href="https://iasg.com.sg/retail-high-rental-costs-in-singapore-its-effects/">Retail High Rental Costs in Singapore & Its Effects</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[Singapore has long prided itself on being a vibrant hub of retail, dining, and lifestyle services. From bustling malls to neighbourhood beauty parlours and a celebrated food culture, the island city-state built a reputation as a convenient, modern, and innovative marketplace. Yet cracks have begun to show. 
Retail shops are closing at alarming rates, <a href="https://www.straitstimes.com/singapore/gong-cha-ceases-operations-in-spore-shuts-all-stores-islandwide-ceo-confirms" target="_blank" rel="noopener">F&B businesses are folding under financial pressure</a>, and beauty services are making headlines for questionable practices that erode consumer trust. Increasingly, Singaporeans are voting with their wallets, choosing Johor Bahru just across the Causeway for everything from groceries to spa treatments. The question is whether Singapore is slowly losing out to Malaysia in this key sector of daily life and what are the repercussions in local workforce and inbound immigration.
<h2>The Weight of Rising Rental Costs In Retail</h2>
The most obvious <a href="https://www.businesstimes.com.sg/podcasts/singapore-retail-property-dire-straits" target="_blank" rel="noopener">reason for the decline is cost</a>. Rent in Singapore has climbed steeply, with some small operators facing sudden increases of 30% to 50% when leases are renewed. For many cafés, bakeries, or beauty salons, margins are already razor-thin, so a hike of this magnitude leaves little choice but to shutter. High rentals are compounded by rising utility bills, escalating ingredient costs for F&B businesses, and increased wages due to increased minimum salary for foreign workers on Work Passes, straining service standards when businesses run short-staffed.
Retailers face similar struggles. Malls still attract footfall, but e-commerce competition has been eating into brick-and-mortar sales. Smaller shops, unable to compete on both rent and online convenience, are squeezed out. Only the biggest chains or luxury boutiques with strong brand presence seem able to weather the storm. The result is a hollowing out of mid-tier lifestyle businesses that once gave Singapore its diversity and neighbourhood charm.
<h2>The Shift to Unsustainable Retail Business Practices</h2>
When survival becomes a daily battle, some businesses turn to questionable practices to make ends meet. This has been particularly visible in the beauty sector, where aggressive package-selling, high-pressure sales tactics, hidden charges, and misleading promotions have been reported. Aesthetic clinics and parlours that once promised affordable luxury now rely on locking customers into expensive, prepaid packages, amounting to thousands of dollars. Consumers, feeling trapped or cheated, lose trust in the industry.
In F&B, some restaurants have cut portion sizes while keeping prices the same or even higher, sparking frustration among diners. Others skimp on ingredients or cut corners on service in order to survive the rising costs. Retail shops, facing mounting expenses, have raised prices far beyond what consumers feel is reasonable, leaving them vulnerable to comparisons with nearby Malaysian city, Johor Bahru, where goods and services often cost significantly less.
These practices may provide temporary relief for business owners, but they ultimately backfire. Once trust is lost, customers leave and with them goes the long-term sustainability of the business.
<h2>Why Johor Bahru Is Winning in Lifestyle Retailing</h2>
Rent and labour costs in Johor Bahru are significantly lower, allowing businesses there to provide services at a fraction of Singapore’s prices. For Singaporeans, this makes everyday essentials and lifestyle indulgences far more affordable. Groceries can cost up to 25% less, dining out comes with bigger portions at lower prices, and beauty services from hair colouring to spa packages are available at a third or half the price of what Singapore charges.
Just as crucially, many Singaporeans report that service in JB feels friendlier and more personalised. Without the same cost pressures, businesses are less aggressive in upselling and more focused on retaining repeat customers through genuine value. For beauty services in particular, this has become a major draw. Singaporeans weary of pushy sales tactics at home often describe JB’s beauty parlours and spas as refreshing, transparent, and trustworthy.
With more Singaporeans crossing over the border more frequently for these lifestyle necessities, businesses in Johor Bahru thrives. Coupled with Singapore’s strong currency, businesses in Johor Bahru are taking advantage of Singaporeans’ purchasing power without compromising on the value of their products and services.
<h2>Singapore’s Edge in Lifestyle Businesses</h2>
Singapore, however, retains strengths in quality assurance, hygiene standards, and premium positioning. Its beauty clinics are highly regulated compared to those across the border, giving some consumers peace of mind. High-end restaurants and luxury retailers still thrive on brand power, tourism, and prestige. The target market for these are high income locals and tourists, thus affecting the majority of Singapore’s population. At the mass market level, the everyday shops, eateries, salons, and services that form the texture of daily life, Singapore is bleeding competitiveness.
<h2>Effects of High Rental Costs For Retail in Singapore</h2>
The danger is not only economic leakage but also cultural. As more independent F&B outlets, small retailers, and beauty services close or resort to unsustainable practices, Singapore risks losing the diversity and vibrancy that once defined its local lifestyle scene. In its place may come either sterile chains or empty storefronts, leaving consumers further disenchanted and more inclined to cross into Johor Bahru.
On the other hand, many small businesses have turned to become a micro business by selling from home or otherwise known as <a href="https://iasg.com.sg/rise-of-home-based-businesses-its-impacts/">home-based businesses (HBB)</a>. While rental costs get slashed, costs for consumers are now higher due to food delivery service.
<h2>What Can Be Done to Help Small Lifestyle Businesses in Singapore?</h2>
<h3>Rental Price Regulation</h3>
If Singapore wants to prevent further hollowing out of its lifestyle economy, structural reforms and targeted support will be key. The first area to address is rent. Commercial landlords currently enjoy wide leeway in rent-setting, often raising prices drastically once businesses prove themselves successful. Introducing more transparent leasing practices, longer tenancy periods with capped rent hikes, or community rent support schemes could give small operators breathing room to survive.
<h3>Labour Policy Amendment</h3>
Labour policies also need fine-tuning. Many small F&B outlets and beauty parlours depend on foreign staff to supplement local hires, but restrictions make this difficult and costly. Allowing more flexibility for small enterprises to access foreign manpower while still encouraging fair wages for locals, would ease one of their heaviest burdens.
<h3>Business Practice Regulation</h3>
Consumer trust is another area requiring attention. In the beauty sector especially, stricter enforcement against aggressive sales tactics and misleading promotions would help restore confidence. Clearer regulations on package sales, mandatory cooling-off periods, and harsher penalties for malpractice could level the playing field for honest operators. 
<h3>Government Support</h3>
Finally, government support in the form of grants, digitalisation incentives, and training programmes can help small retailers modernise and compete. Many independent grocers, salons, and eateries lack the resources to adopt technology that improves efficiency or customer outreach. With targeted assistance, they could upgrade operations, tap into online sales, and build loyalty through better service and marketing.
<h3>Effects on Singapore’s Retail Landscape Due to High Rental Costs</h3>
The decline of lifestyle-based businesses in Singapore is not due to lack of demand but rather to structural challenges: relentless rent hikes, rising operating costs, labour shortages, and eroded consumer trust. Some businesses respond by shutting down; others, by resorting to short-term practices that alienate their customers. Meanwhile, Johor Bahru, with its lower costs and friendlier value proposition, becomes the natural alternative for Singaporeans seeking affordability and fairness.
If Singapore wishes to prevent a hollowing out of its lifestyle economy, it must address these root issues. Without change, the daily spending of its citizens, from groceries and meals to spa treatments and haircuts, will increasingly drift across the Causeway, and with it, an essential part of Singapore’s social and economic vibrancy.
The post <a rel="nofollow" href="https://iasg.com.sg/retail-high-rental-costs-in-singapore-its-effects/">Retail High Rental Costs in Singapore & Its Effects</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9197</post-id> </item>
<item>
<title>Why Is It Easier for Malaysians to Get Singapore PR Approval?</title>
<link>https://iasg.com.sg/why-is-it-easier-for-malaysians-to-get-singapore-pr-approval/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 03 Oct 2025 02:21:49 +0000</pubDate>
<category><![CDATA[PR & Citizenship]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9193</guid>
<description><![CDATA[Do Malaysians get an advantage in Singapore PR applications? IASG reveals the reasons why and how other nationalities can improve their chances for PR approval.
The post <a rel="nofollow" href="https://iasg.com.sg/why-is-it-easier-for-malaysians-to-get-singapore-pr-approval/">Why Is It Easier for Malaysians to Get Singapore PR Approval?</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[Securing Singapore Permanent Residency (PR) is a goal for many foreigners who wish to build a future in one of the world’s most stable and prosperous nations. While applicants from diverse nationalities apply every year, Malaysians often find the approval process smoother compared to others.
<h2>6 Reasons Why Malaysians Often Have an Advantage</h2>
<h3>1. Cultural and Social Integration</h3>
Malaysians share strong cultural, historical, and linguistic ties with Singapore. With similar racial groups in its local population who eat the same food, speak the same languages, follow the same religions, and share the same past, Malaysians integrate seamlessly into local society.
<h3>2. Proximity and Familiarity</h3>
Singapore and Malaysia enjoy close geographical and social ties. Thousands of Malaysians commute daily for work, and many already have family or friends here. This familiarity gives them a natural edge in proving long-term commitment since many are already integrated in the local society.
<h3>3. Economic Contributions</h3>
From f&b and services to finance and technology, Malaysians contribute across vital sectors. Their trilingualism (many speak English, Mandarin, and Malay) and adaptability make them highly employable with minimal adjustment required.
<h3>4. Education and Adaptability</h3>
Many young Malaysians pursue studies in Singapore, from primary school to university, which eases integration. Graduating from local institutions is viewed positively in PR evaluations.
<h3>5. Family Ties</h3>
Applicants with existing family members in Singapore, whether citizens or PRs, are generally prioritised. Malaysian and Singaporean marriages are common and have been happening since before Singapore’s independence from Malaysia in 1965.
<h3>6. Historical and Political Links</h3>
As Singapore’s closest neighbour with intertwined histories, Malaysians are seen as a natural fit compared to applicants from more distant countries.
<h2>Apart From Malaysians, Which Other Nationalities Have More Advantage in Singapore PR Applications?</h2>
Generally, people from Asian countries that share similar culture, language, and/or religion as locals in Singapore have better chances of getting their PR approved. These countries may include Indonesia and China. 
However, in all fairness, all nationalities, including Malaysians, have had their PR application rejected due to reasons such as incomplete documentation, lack of career stability, and family ties. Singapore looks at each application holistically and not just biased based on one’s nationality.
<h2>How Other Nationalities Can Improve Their Chances</h2>
While Malaysians may have inherent advantages, applicants from all backgrounds can significantly <a href="https://iasg.com.sg/how-to-improve-chances-of-singapore-pr-approval/">improve their PR prospects</a> by taking strategic steps. At IASG, we advise clients to focus on the following:
<h3>1. Build a Strong Professional Profile</h3>
<ul>
<li style="font-weight: 400;" aria-level="1">Secure stable, long-term employment in Singapore. 
</li>
<li style="font-weight: 400;" aria-level="1">Position yourself in key industries aligned with national needs (technology, healthcare, finance, advanced manufacturing). 
</li>
<li style="font-weight: 400;" aria-level="1">Demonstrate career progression and consistent income growth. 
</li>
</ul>
<h3>2. Social Integration Efforts</h3>
<ul>
<li style="font-weight: 400;" aria-level="1">Engage in community service, grassroots activities, or local volunteering. 
</li>
<li style="font-weight: 400;" aria-level="1">Show genuine commitment to Singapore society, not just economic participation. There have been many reports on foreigners enjoying their lives in Singapore by giving back, such as <a href="https://www.channelnewsasia.com/today/up-close/google-expat-food-deliveries-charity-4836256" target="_blank" rel="noopener">French national Yann Aitbachir</a>, a tech professional, who went out of his way to experience the local parts of Singapore by doing food deliveries on the weekends and donating the profits to charity.
</li>
</ul>
<h3>3. Strengthen Family and Social Ties</h3>
<ul>
<li style="font-weight: 400;" aria-level="1">Marrying a Singapore Citizen or PR significantly enhances applications. 
</li>
<li style="font-weight: 400;" aria-level="1">Build long-term networks within Singapore, professionally and personally, to demonstrate integration. 
</li>
</ul>
<h3>4. Demonstrate Long-Term Commitment</h3>
<ul>
<li style="font-weight: 400;" aria-level="1">Apply after several years of living and working in Singapore. 
</li>
<li style="font-weight: 400;" aria-level="1">Avoid frequent job changes or extended absences abroad.</li>
<li style="font-weight: 400;" aria-level="1">Buy real estate property and long-term insurance and investment plans 
</li>
</ul>
<h3>5. Highlight Educational Achievements</h3>
<ul>
<li style="font-weight: 400;" aria-level="1">Graduating from Singapore schools, polytechnics, or universities adds weight. 
</li>
<li style="font-weight: 400;" aria-level="1">Families with children in local schools also demonstrate long-term intent. 
</li>
</ul>
<h3>6. Maintain a Clean Immigration and Tax Record</h3>
<ul>
<li style="font-weight: 400;" aria-level="1">Ensure full compliance with ICA and MOM regulations. 
</li>
<li style="font-weight: 400;" aria-level="1">File taxes consistently and contribute to CPF where applicable.</li>
</ul>
IASG has helped over 70 nationalities get their Singapore PR over the span of more than a decade, including people from other parts of Asia such as India, the Phillipines, and Egypt; and also Western countries such as the United Kingdom, USA, and France.
Being entirely different from the local population does not mean a confirmed PR rejection. 
<h2>How IASG Can Help</h2>
At IASG, we understand that every PR application is unique. While Malaysians may have a natural advantage, many of our clients from other nationalities have also achieved successful outcomes by presenting strong, well-prepared cases.
Our consultants work closely with you to:
<ul>
<li style="font-weight: 400;" aria-level="1">Assess your profile against current immigration trends and competition. 
</li>
<li style="font-weight: 400;" aria-level="1">Strategise on strengthening your professional, social, and family integration. 
</li>
<li style="font-weight: 400;" aria-level="1">Prepare and submit a comprehensive PR application that highlights your value to Singapore’s future. 
</li>
</ul>
<h2>Applying for Singapore PR Regardless of Nationality</h2>
While Malaysians may benefit from cultural proximity, demographic alignment, and family ties, PR approval ultimately depends on how well an applicant demonstrates value and integration into Singapore society. With the right strategy, applicants of all nationalities can succeed.
At Immigration@SG (IASG), we specialise in guiding applicants through this complex process with expertise and care. If you’re serious about securing Singapore PR, let us help you put your best case forward.
Whatsapp IASG at 8952 9458 today to book a PR consultation and custom profile analysis by an immigration expert.
The post <a rel="nofollow" href="https://iasg.com.sg/why-is-it-easier-for-malaysians-to-get-singapore-pr-approval/">Why Is It Easier for Malaysians to Get Singapore PR Approval?</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9193</post-id> </item>
<item>
<title>False Declarations and Misuse of Training and Work Passes</title>
<link>https://iasg.com.sg/false-declarations-and-misuse-of-training-and-work-passes/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 26 Sep 2025 09:42:46 +0000</pubDate>
<category><![CDATA[Work Pass]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9189</guid>
<description><![CDATA[What happens when foreign workers misuse training pass and work passes? IASG showcases some recent reports of errant employer and employees in this new article.
The post <a rel="nofollow" href="https://iasg.com.sg/false-declarations-and-misuse-of-training-and-work-passes/">False Declarations and Misuse of Training and Work Passes</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[Despite Singapore’s reputation for having one of the world’s most robust regulatory frameworks and efficient legal systems, there remain individuals and companies who attempt to circumvent the law for personal or financial gain. Such acts not only undermine the integrity of Singapore’s manpower policies but also compromise the fairness of opportunities available to genuine workers and employers. In particular, cases involving false declarations in work pass applications continue to surface, highlighting the risks that some are willing to take in order to secure unlawful advantages.
Below are several recent cases where offenders were prosecuted for making false statements in work pass applications, underscoring the authorities’ firm stance and the serious consequences of such offences.
<h2>Misuse of Training Employment Pass (TEP)</h2>
Employers have been <a href="https://www.straitstimes.com/business/attempted-misuse-of-work-pass-for-foreign-students-or-trainees-ongoing-for-years-industry-insiders?ref=inline-article" target="_blank" rel="noopener">misusing the Training Employment Pass (TEP)</a> to bypass the strict Work Pass eligibility for Work Permit, S Pass, and Employment Pass (EP) and hire foreign employees without the constraints of foreign worker quota, levy, and increasing minimum salary requirements. The TEP is meant for foreign students or trainees to undergo short-term professional training in Singapore for up to 3 months, earning a minimum salary of $3000 a month. The job for student trainees needs to be related to their studies and they must be studying in a recognised institution to be eligible for the TEP.
The TEP, a non-renewable pass meant to train foreign trainees for the purpose of applying the skills back in their own countries and is meant for skilled roles in industries such as legal and medical. However, errant employers use the TEP, on the pretext of training, to fill up vacancies on low paying or unattractive jobs that locals avoid. While some are unaware, there are employers that knowingly work with employment agencies for this purpose.
<h3>Detriment to Workers</h3>
When work pass applications are obtained through false declarations, workers under such arrangements face significant risks and vulnerabilities. TEP holders linked to errant employers may be easily exploited, as their legal status in Singapore is tied to employers who have already demonstrated a disregard for the law. This can manifest in several ways:
<ul>
<li style="font-weight: 400;" aria-level="1">Job Scope Exploitation: Workers may be made to perform duties outside the scope stated in their work passes, including being assigned to unrelated industries or unsafe work environments. 
</li>
<li style="font-weight: 400;" aria-level="1">Salary and Benefits Abuse: Payments may be delayed, withheld, or fall far below the promised amount, leaving workers financially insecure and unable to support themselves or their families. 
</li>
<li style="font-weight: 400;" aria-level="1">Neglect of Worker Welfare: Employers who circumvent regulations are less likely to provide adequate housing, healthcare, or basic support, further exposing workers to hardship.</li>
</ul>
More critically, false declarations can serve as a cover for criminal activities, such as human trafficking, illegal labour syndicates, or scam operations. In such cases, workers are not only deprived of their rights but may also be placed in situations that put them at personal, financial, or even legal risk. These practices erode trust in Singapore’s employment framework and place genuine foreign workers at a severe disadvantage.
<h2>False Declaration in Work Permit Application</h2>
Filipino national Turla Teresa Espeleta (50) was sentenced to 25 weeks’ jail for making <a href="https://www.mom.gov.sg/newsroom/press-releases/2025/0630-two-individuals-convicted-of-false-declaration-in-work-pass-application" target="_blank" rel="noopener">false work permit declarations</a> and working without a valid pass. Her romantic partner, Tungol Renato Reyes (52) was sentenced to 19 weeks’ jail for conspiring with her by stating that Teresa was his domestic worker in the Work Permit application. In truth, Teresa worked illegally as a waitress and cleaner, while receiving allowances from Renato. By law, migrant domestic workers (MDWs) may only perform household duties for their official employer.
<h2>False Declaration in Employment Pass Application</h2>
Chu Sau Ben, 59, former CEO of Libra Group Limited, was sentenced to five weeks’ jail for making <a href="https://www.channelnewsasia.com/singapore/libra-group-limited-former-ceo-jailed-false-information-foreigners-mom-work-passes-investment-5213146" target="_blank" rel="noopener">false declarations in Employment Pass applications</a> for two foreigners who invested at least $3 million collectively in Chu’s failing business. Neither intended to work in Singapore and the Employment Passes were used only to legalise their stay.
<h2>Risks of False Declarations in Work Pass Applications</h2>
Submitting <a href="https://iasg.com.sg/false-declarations-in-ep-applications-its-effects/">false information in work pass applications</a> is a serious offence under the Employment of Foreign Manpower Act (EFMA). Offenders who make such false declarations can face heavy penalties, including fines of up to $20,000, imprisonment of up to two years, or both. In addition, those found guilty will be permanently barred from working in Singapore, and employers involved will have their work pass privileges suspended. Beyond the legal consequences, false declarations undermine trust in the work pass system, compromise workplace integrity, and may also expose offenders to further investigations for related offences such as furnishing false information to public servants.
The post <a rel="nofollow" href="https://iasg.com.sg/false-declarations-and-misuse-of-training-and-work-passes/">False Declarations and Misuse of Training and Work Passes</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9189</post-id> </item>
<item>
<title>Singapore’s Stock Market & IPO Opportunities</title>
<link>https://iasg.com.sg/singapores-stock-market-ipo-opportunities/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 19 Sep 2025 02:54:03 +0000</pubDate>
<category><![CDATA[Investment News]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9182</guid>
<description><![CDATA[Singapore has recently announced a big injection of funds to boost its stock market. Can a foreigner take this opportunity to invest in Singapore? 
The post <a rel="nofollow" href="https://iasg.com.sg/singapores-stock-market-ipo-opportunities/">Singapore’s Stock Market & IPO Opportunities</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[With more <a href="https://www.channelnewsasia.com/commentary/sgx-delistings-ipo-investor-confidence-equities-liquidity-low-valuation-5119161" target="_blank" rel="noopener">companies exiting Singapore’s stock market</a> and dismal Initial Public Offering (IPO) market growth, Singapore is finally taking efforts to boost this sector. Earlier this year, the Monetary Authority of Singapore (MAS) announced a <a href="https://www.channelnewsasia.com/singapore/mas-sgx-stocks-singapore-investing-4951411" target="_blank" rel="noopener">$5 billion injection</a> to boost and develop the Singapore stock market. The goal is to increase the Singapore Exchange’s (SGX) attractiveness to investors and increase trading. One of the ways to achieve this goal is to attract local and regional companies to list in the SGX. Starting with a portion of <a href="https://www.straitstimes.com/business/companies-markets/spore-stock-market-climbs-after-mas-allocates-1-1b-to-3-fund-managers-for-small-cap-investments" target="_blank" rel="noopener">$1.1 billion</a>, the stock market has already seen an anticipated bull run in recent weeks. Why is this necessary and how does it contribute to Singapore’s economy?
<h2>Recent Results From MAS’s Boosts 2025</h2>
<h3>STI Hits Record Highs Amid Investor Optimism</h3>
Singapore’s stock market is riding a wave of optimism in 2025, with the Straits Times Index (STI) recently hitting record numbers and the SGX posting its best annual earnings in 25 years. At the same time, the city-state’s sluggish initial public offering (IPO) market is <a href="https://www.reuters.com/world/asia-pacific/singapore-exchange-posts-record-profit-sees-strongest-ipo-pipeline-years-2025-08-08/" target="_blank" rel="noopener">showing some positive uptick</a>.
The STI reached an all-time closing high of 4,273.05 on 24 July 2025, climbing nearly 37% over the past year. Analysts attribute this rally to a combination of attractive valuations, strong dividend yields, and Singapore’s enduring reputation as a safe investment haven. J.P. Morgan recently upgraded Singapore equities to “overweight”, projecting that the STI could rise further to around 4,200 points in the near term.
<h3>SGX Delivers Record Earnings</h3>
The bullish sentiment has been mirrored in corporate earnings. SGX reported an adjusted net profit of S$609.5 million and revenue of S$1.3 billion for its latest financial year, marking its highest earnings since 2000. This performance was driven by robust trading across equities, currencies, and commodities, underpinned by supportive government policies and a steady flow of foreign capital.
<h2>Role in Singapore’s Economy and Financial Markets</h2>
A well-functioning stock market plays a crucial role in Singapore’s economy and GDP growth. By providing companies with a platform to raise capital through equity financing, the SGX supports business expansion, innovation, and job creation – the key drivers of economic output. The stock market also deepens liquidity in the financial system, enabling more efficient allocation of resources.
For the government, a vibrant equity market strengthens Singapore’s fiscal position indirectly, as business growth translates into higher corporate tax receipts and greater economic activity across supporting industries such as banking, legal services, accounting, and financial technology.
On a broader scale, the performance of the SGX has a ripple effect across Singapore’s financial markets. Strong equity activity often boosts related segments such as derivatives trading, private wealth management, and asset management, while also increasing demand for financial products like bonds, ETFs, and REITs.
<h2>Strengthening Singapore’s Global Financial Hub Status</h2>
The stock market’s health also underpins Singapore’s global standing as a <a href="https://iasg.com.sg/financial-industry-in-singapore-and-the-role-of-immigration/">leading financial centre in Asia</a>. Alongside Hong Kong and Tokyo, Singapore is frequently ranked among the top financial hubs in the region. A robust equity market not only attracts foreign direct investment but also encourages multinational corporations to use Singapore as their Asia-Pacific headquarters.
The country’s transparent regulatory framework, political stability, and innovative market infrastructure further enhance its competitiveness, ensuring that <a href="https://iasg.com.sg/global-investor-programme/">global investors</a> see Singapore as a gateway to Southeast Asia’s fast-growing economies.
<h2>Challenges on the Global Stage</h2>
Despite its domestic resilience, Singapore’s stock market is less dominant on a global platform. In terms of market capitalisation and daily trading volumes, SGX lags far behind major exchanges such as the New York Stock Exchange, Hong Kong Stock Exchange, and Australian Securities Exchange.
This relative underperformance stems from Singapore’s small economic size, its concentration in mature, dividend-focused sectors, and strong competition from other Asian exchanges for high-profile listings. These factors have made it challenging for Singapore to appear among the top-performing stock markets globally, even when the STI posts strong returns.
<h2>Opportunities in the Singapore Stock Market</h2>
Within these constraints lie unique opportunities. Singapore’s market offers one of the highest dividend yields in Asia, averaging around 5%, thus making it attractive to income-focused investors as global interest rates moderate.
The country’s strong REIT sector, backed by high-quality assets in logistics, data centres, and hospitality, continues to draw long-term investors seeking stable cash flows. Meanwhile, government efforts to attract technology, green energy, and biotech listings could diversify the market’s sector mix and position SGX to benefit from megatrends such as digital transformation and sustainability.
<h2>How Investors Can Liven Up the Market and Profit</h2>
Analysts say both local and foreign investors can help boost market vibrancy by:
<ul>
<li style="font-weight: 400;" aria-level="1">Supporting IPOs: Participating in new listings, especially in growth sectors, adds liquidity and visibility to the market. 
</li>
<li style="font-weight: 400;" aria-level="1">Broadening sector exposure: Allocating capital to underrepresented industries like tech, biotech, and clean energy can encourage more diverse listings. 
</li>
<li style="font-weight: 400;" aria-level="1">Engaging in secondary market trading: Higher turnover supports price discovery and market depth, making SGX more attractive to global funds. 
</li>
<li style="font-weight: 400;" aria-level="1">Promoting ESG investing: Backing companies with strong environmental, social, and governance credentials can align the market with global investment trends. 
</li>
</ul>
By actively engaging in these areas, investors can not only generate returns but also contribute to Singapore’s reputation as a dynamic and forward-looking capital market.
<h2>Can Global Investor Programme (GIP) Candidates Participate in the Singapore Stock Market?</h2>
Yes, GIP candidates, especially those applying under Option C (Single-Family Office), are required to invest in approved investment categories in Singapore. Among these, equities (including those listed on SGX, such as equities, REITs, or Business Trusts) are one of the investment options. 
<h2>IPO Market Showing Tentative Recovery</h2>
While the secondary market is thriving, the primary market has only just begun to show signs of recovery. In 2024, Singapore saw just four IPOs, all on the SGX Catalist platform, raising a combined US$30 million and making it the smallest IPO tally in Southeast Asia that year.
This year, a key milestone came in July with the listing of <a href="https://dollarsandsense.sg/things-know-about-ntt-dc-reit-singapores-largest-reit-ipo-over-decade/" target="_blank" rel="noopener">NTT DC REIT</a>, a global data centre trust backed by Japan’s NTT Group, which raised US$773 million. It was Singapore’s largest IPO since 2021. The SGX is now tracking more than 30 companies preparing to list, with some offerings projected to raise between S$600 million and S$1 billion.
<h2>Measured Optimism for 2025 and Beyond</h2>
The market’s trajectory is one of measured optimism due to MAS’s support and fund injection. Whether the IPO revival gains momentum will depend on the success of early entrants and the ability of new listings to sustain investor confidence.
What is clear is that Singapore is doubling down on its ambition to be a leading capital market in Asia. With the secondary market performing strongly, the IPO pipeline building, and the stock exchange playing a pivotal role in the broader economy, 2025 may mark the start of a more vibrant era for the SGX – one that strengthens both the nation’s GDP and its status as a premier financial hub, while unlocking new opportunities for investors at home and abroad.
The post <a rel="nofollow" href="https://iasg.com.sg/singapores-stock-market-ipo-opportunities/">Singapore’s Stock Market & IPO Opportunities</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9182</post-id> </item>
<item>
<title>Do New Citizens Feel Discriminated in Singapore</title>
<link>https://iasg.com.sg/do-new-citizens-feel-discriminated-in-singapore/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 12 Sep 2025 02:21:47 +0000</pubDate>
<category><![CDATA[PR & Citizenship]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9178</guid>
<description><![CDATA[Are new citizens discriminated in Singapore? How and why does it happen? IASG explains how new citizens can blend in and be accepted by locals.
The post <a rel="nofollow" href="https://iasg.com.sg/do-new-citizens-feel-discriminated-in-singapore/">Do New Citizens Feel Discriminated in Singapore</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[The question of whether new citizens feel fully accepted in Singapore is more than just a matter of statistics. It is a conversation about belonging, identity, and the unspoken social boundaries that exist beneath the city-state’s multicultural image. While Singapore’s laws guarantee equality before the law and forbid discrimination based on race, religion, descent, and place of birth, the lived experiences of many new citizens tell a more complex story.
<h2>4 Instances of Discrimination For New Citizens</h2>
<ul>
<li aria-level="1">
<h3>Social Acceptance: The Unseen Divide</h3>
</li>
</ul>
Surveys have revealed that locals often hold lingering reservations toward new immigrants, even after they take up citizenship. A 2021 <a href="https://lkyspp.nus.edu.sg/docs/default-source/ips/ips-exchange-series-22.pdf" target="_blank" rel="noopener">IPS – CNA study</a> found that Singaporeans were less inclined to socialise or do business with new citizens compared to those who are born locally, even when they share the same ethnicity. This sentiment is particularly pronounced for certain groups, new citizens from India, for example, were the least likely to be welcomed as tenants, with only around a third of respondents willing to rent them a room, and less than half willing to rent them an entire property.
<ul>
<li aria-level="1">
<h3>Personal Stories Behind the Statistics</h3>
</li>
</ul>
Personal testimonies add depth to these findings. In interviews with Rice Media, several new citizens described how their Singaporean identity is frequently questioned, even after decades of residence. Maithili, who had lived in Singapore for 22 years before becoming a citizen, recounted being told that she was “not truly a Singaporean.” Raj, another interviewee, recalled being excluded from certain education benefits because he was still a Permanent Resident at the time, despite having served National Service and contributed through taxes. For many, these experiences create a quiet but persistent sense of being on the margins.
<ul>
<li aria-level="1">
<h3>The Role of Racial Categories</h3>
</li>
</ul>
Part of the difficulty lies in Singapore’s rigid ethnic categorisation system, which places everyone into one of four official racial categories: Chinese, Malay, Indian, or Others. The Singapore government implements this racial quota to ensure and maintain racial harmony within society. Straying away from this proven formula might cause new challenges and internal conflicts that may affect Singapore’s consistent economic development and traction.
For new citizens whose backgrounds do not fit neatly into these classifications, the system can flatten complex identities and hinder deeper integration. On top of this, surveys show that nationality-based prejudice is perceived to be on the rise, even if it remains less common than racism or ageism.
<ul>
<li aria-level="1">
<h3>Legal Protections Versus Social Reality</h3>
</li>
</ul>
It is important to note that the legal framework in Singapore is designed to protect against overt discrimination, and integration efforts such as the Singapore Citizenship Journey aim to bridge divides. Yet social acceptance is harder to legislate. While many new citizens eventually form strong community bonds and feel at home, others continue to encounter subtle signals that their “Singaporean-ness” is conditional – accepted in some spaces, questioned in others.
<h2>7 Reasons That Brew Discontent Amongst Singaporeans</h2>
<h3>1. Economic Competition</h3>
Singapore has a highly competitive job market, and the <a href="https://iasg.com.sg/local-job-security-and-ceca-misunderstanding/">influx of foreign workers</a> and professionals over the past two decades has fuelled perceptions that locals are being edged out of opportunities. Even when data shows that citizens are prioritised for certain roles, the visible presence of expatriates in high-paying jobs or foreigners in service sectors can lead to resentment. This sentiment can spill over to new citizens, especially if they are perceived as having “taken” a spot in both employment and citizenship quotas.
<h3>2. Housing and Cost-of-Living Pressures</h3>
Many Singaporeans link <a href="https://iasg.com.sg/can-singapore-prs-buy-hdb-flats/">rising property prices</a> and rental costs to an influx of foreign residents. Even if the actual impact is debated, the perception is strong. Since housing is central to Singaporean life and a large part of financial security, any suggestion that newcomers contribute to price hikes can deepen resentment.
<h3>3. Cultural and Social Friction</h3>
Singapore’s social fabric is built on shared norms such as queueing, speaking softly in public, following hawker centre etiquette, and respecting multi-ethnic harmony. When newcomers, especially those from cultures with different public behaviour norms, are seen as disregarding these unwritten rules, it can trigger frustration. This is amplified by viral social media clips of isolated incidents, which shape broader stereotypes.
<h3>4. Perception of Unequal Contribution</h3>
Some locals believe that certain new citizens enjoy the benefits of citizenship without having shared in the “nation-building years” of hardship such as National Service, early infrastructure development, or past economic struggles. This narrative positions them as “parachuting in” to enjoy the fruits of earlier sacrifice without equal contribution.
<h3>5. National Identity and Belonging</h3>
Singapore’s national identity is still evolving, and for some citizens, “being Singaporean” is tied to birthplace, schooling, and shared lived experiences. New citizens may be seen as outsiders if they retain strong ties to their country of origin, speak mainly in their native language, or socialise only within their own communities.
<h3>6. Past Negative Experiences with Foreigners</h3>
On an individual level, personal encounters can cement a negative image. Over time, these individual grievances can generalise into prejudice toward whole nationalities or the broader category of “foreigners.”
<h3>7. Political Narratives and Media Framing</h3>
Discussions about immigration in Singapore are often politically sensitive, especially during election seasons. Statements about “calibrating the inflow” or “foreign talent policies” can unintentionally frame foreigners as a problem to be managed, which reinforces public suspicion or hostility toward them.
<h3>How New Citizens Can Blend In Better</h3>
While social acceptance depends on both sides, there are practical ways for new citizens to integrate more smoothly and live like a true-born Singaporean. Immersing in local culture is key. This means not just celebrating National Day but also understanding the significance of events like Chinese New Year, Hari Raya Puasa, and Deepavali, and taking part in them alongside neighbours and colleagues. Picking up Singlish expressions and common local phrases can also help break the ice in everyday interactions, creating an immediate sense of familiarity.
Building friendships beyond one’s own ethnic or national community is another important step. Volunteering with grassroots organisations, Residents’ Committees, or community events can offer opportunities to connect with locals on a deeper level. Embracing local food culture often opens doors to casual conversations that form the foundation of stronger ties.
Finally, showing a genuine interest in Singapore’s history, policies, and current affairs can signal long-term commitment to the country. Locals are more likely to see a new citizen as “one of us” when they demonstrate care for the nation’s well-being and actively participate in civic life, from voting to joining neighbourhood initiatives. Contribution to Singapore also goes a long way for Singaporeans to accept new citizens and even foreigners into the fold.
<h3>Discriminated in Singapore as a New Citizen</h3>
Discrimination is not universal, and Singapore’s multicultural ethos has created many avenues for new citizens to belong. But for a significant number, the journey to being seen as fully Singaporean does not end with a citizenship certificate. It is an ongoing negotiation between legal belonging and social acceptance. While Singapore has progressed in many ways economically, its social ethos still need work and this requires people as at levels – the government, locals and foreigners to work together towards one common identity.
The post <a rel="nofollow" href="https://iasg.com.sg/do-new-citizens-feel-discriminated-in-singapore/">Do New Citizens Feel Discriminated in Singapore</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9178</post-id> </item>
<item>
<title>Participating in Singapore’s Real Estate Industry As A Foreigner</title>
<link>https://iasg.com.sg/participating-in-singapores-real-estate-industry-as-a-foreigner/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 05 Sep 2025 01:58:10 +0000</pubDate>
<category><![CDATA[Business News]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9172</guid>
<description><![CDATA[ Can a foreigner work in Singapore's real estate industry? IASG reveals the opportunities available and how to take advantage of it as a foreigner.
The post <a rel="nofollow" href="https://iasg.com.sg/participating-in-singapores-real-estate-industry-as-a-foreigner/">Participating in Singapore’s Real Estate Industry As A Foreigner</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[The real estate industry in Singapore plays a vital role in shaping the nation’s economic landscape. As a land-scarce, high-density city-state, Singapore’s approach to real estate is marked by meticulous planning and management, strict regulations, and continuous innovation. This sector encompasses residential, commercial, industrial, and retail properties, and it serves as a magnet for both domestic and international investors.
<h2 dir="ltr">How the Real Estate Sector Works in Singapore</h2>
<h3 dir="ltr">Regulatory Framework & Management</h3>
Singapore’s real estate ecosystem is heavily regulated and deeply integrated with its national development goals. The Urban Redevelopment Authority (URA) is the key agency responsible for land use planning and zoning, while the Housing and Development Board (HDB) manages the development and maintenance of public housing. Approximately 80% of Singapore’s resident population live in HDB flats, showcasing the state’s dominant role in the residential segment.
In the private sector, property developers, <a href="https://www.reitas.sg/singapore-reits/overview-of-the-s-reit-industry/" target="_blank" rel="noopener">real estate investment trusts</a> (REITs), agents, and consultancies drive the buying, selling, and leasing of private residential, commercial, and industrial properties. Land ownership in Singapore is categorised into freehold and leasehold, with most government-sold land being on 99-year leaseholds. The government releases land through the Government Land Sales (GLS) programme, which developers bid for in a transparent and competitive process. This ensures that land supply is carefully managed to meet demand without overheating the market.
<h3 dir="ltr">Working in the Real Estate Industry in Singapore</h3>
Real estate agents must be registered under the Council for Estate Agencies (CEA), which sets standards for professionalism, training, and ethical conduct. This regulatory framework fosters a transparent and trusted marketplace, where consumers can transact with confidence.
<h4 dir="ltr">a. Opportunities & Roles For Foreigners</h4>
<ul>
<li dir="ltr" aria-level="1">
Real estate agents
</li>
<li dir="ltr" aria-level="1">
Property investment analysts
</li>
<li dir="ltr" aria-level="1">
Asset/portfolio managers
</li>
<li dir="ltr" aria-level="1">
Architects, surveyors, urban planners
</li>
<li dir="ltr" aria-level="1">
Construction and project management roles
</li>
<li dir="ltr" aria-level="1">
Real estate legal and compliance professionals
</li>
<li dir="ltr" aria-level="1">
PropTech developers
</li>
</ul>
<h4 dir="ltr">b. Work Passes Required</h4>
<ul>
<li dir="ltr" aria-level="1">
Employment Pass (EP): For professionals earning at least SGD 5,600 to 10,700 per month, depending on age at application. This information is true as of August 2025 – there may be changes in future.
</li>
</ul>
<h4 dir="ltr">c. Accreditation and Licensing</h4>
<ul>
<li dir="ltr" aria-level="1">
Real Estate Agents: Must be Singaporean/PR and pass CEA’s RES exam
</li>
<li dir="ltr" aria-level="1">
Engineers, Architects: Must register with relevant professional boards (e.g., BOA, PE Board)
</li>
</ul>
<h4 dir="ltr">d. Industry Expectations</h4>
<ul>
<li dir="ltr" aria-level="1">
High ethical standards and regulatory compliance (governed by URA, CEA, BCA)
</li>
<li dir="ltr" aria-level="1">
Familiarity with government land sales (GLS) and zoning laws
</li>
<li dir="ltr" aria-level="1">
Emphasis on sustainability and smart building technologies
</li>
</ul>
<h2 dir="ltr">Contribution to Singapore’s Economy</h2>
<h3 dir="ltr">Gross Domestic Product (GDP) & Related Industries</h3>
The real estate industry contributes significantly to Singapore’s Gross Domestic Product (GDP), employment, and investment inflows. As of recent years, the construction and real estate services sector accounts for over 10% of GDP. Apart from the buying and selling of properties, the sector also indirectly supports other industries such as legal, banking, architecture, interior design, and facilities management.
<h3 dir="ltr">REITs Market</h3>
In the financial markets, Singapore has become a major hub for REITs. The Singapore Exchange (SGX) hosts a vibrant REIT market, with many trusts investing in not only domestic properties but also global assets. This has made real estate a key asset class for institutional and retail investors, boosting liquidity and creating wealth opportunities.
<h3 dir="ltr">Consistent Development Projects</h3>
Furthermore, real estate development and investment are closely tied to infrastructure projects and urban renewal. Projects like the Greater Southern Waterfront, Punggol Digital District, and Jurong Lake District are examples of real estate-led economic strategies aimed at decentralising business activity and driving long-term growth.
<h2 dir="ltr">Foreign Participation in the Industry</h2>
<h3 dir="ltr">Buying Real Estate Properties</h3>
Foreigners are allowed to participate in Singapore’s real estate industry in various capacities, although certain restrictions apply. Foreign individuals can buy private condominium units and commercial properties without much limitation, although Singapore’s Additional Buyer’s Stamp Duty (ABSD) rates are high for foreigners. However, they are generally restricted from purchasing landed residential properties unless special government approval is granted.
<h4 dir="ltr">a. Taxes and Fees for Foreign Buyers</h4>
<ul>
<li dir="ltr" aria-level="1">
ABSD (Additional Buyer’s Stamp Duty): 60% for foreigners
</li>
<li dir="ltr" aria-level="1">
BSD (Buyer’s Stamp Duty): Progressive rate (1%-6%) based on property price
</li>
<li dir="ltr" aria-level="1">
Property Tax: Annual, based on annual value (AV) of property
</li>
</ul>
Note: ABSD may be reduced under Free Trade Agreements (e.g., for U.S. citizens buying their first property).
<h4 dir="ltr">b. Financing</h4>
<ul>
<li dir="ltr" aria-level="1">
Foreigners can take loans from Singaporean banks, but:
<ul>
<li dir="ltr" aria-level="2">
Usually limited to 75% Loan-to-Value
</li>
<li dir="ltr" aria-level="2">
Higher interest rates may apply
</li>
<li dir="ltr" aria-level="2">
Must meet Total Debt Servicing Ratio (TDSR) guidelines (currently 55%)
</li>
</ul>
</li>
</ul>
<h3 dir="ltr">Setting Up Real Estate Businesses</h3>
Foreign entities looking to set up real estate businesses must register with the Accounting and Corporate Regulatory Authority (ACRA) and obtain relevant licenses from the Council for Estate Agencies (CEA) if they intend to operate as real estate agents or brokerages. For property development or investment companies, no specific licensing is required beyond the standard business registration, but compliance with the Residential Property Act and other real estate-related legislation is mandatory.
<h4 dir="ltr">a. Common Business Types</h4>
<ul>
<li dir="ltr" aria-level="1">
Property investment firms
</li>
<li dir="ltr" aria-level="1">
Real estate consultancy
</li>
<li dir="ltr" aria-level="1">
Construction & project management
</li>
<li dir="ltr" aria-level="1">
PropTech startups
</li>
<li dir="ltr" aria-level="1">
Interior design & renovation
</li>
<li dir="ltr" aria-level="1">
Facilities management
</li>
</ul>
<h4 dir="ltr">b. Requirements for Foreign-Owned Companies</h4>
<ul>
<li dir="ltr" aria-level="1">
Register a Private Limited Company (Pte Ltd) with ACRA
</li>
<li dir="ltr" aria-level="1">
Minimum one resident director
</li>
<li dir="ltr" aria-level="1">
Local registered address
</li>
<li dir="ltr" aria-level="1">
Paid-up capital: SGD 1 but it is advisable to
</li>
<li dir="ltr" aria-level="1">
Appoint a company secretary within 6 months
</li>
</ul>
Many foreign entrepreneurs use a Nominee Director Service during incorporation, but are advised to relocate with an EP for better control and legitimacy. Email to <a href="mailto:info@iasg.com.sg">info@iasg.com.sg</a> for more information on <a href="https://iasg.com.sg/setting-up-a-business-in-singapore/">setting up a business in Singapore</a> for foreigners.
<h4 dir="ltr">c. Licenses and Permits</h4>
<ul>
<li dir="ltr" aria-level="1">
BCA License: For construction or building works
</li>
<li dir="ltr" aria-level="1">
CEA License: For real estate agencies
</li>
<li dir="ltr" aria-level="1">
SCDF Fire Safety Certificate: For premises usage
</li>
<li dir="ltr" aria-level="1">
URA / HDB approvals: For operating businesses in certain zones
</li>
</ul>
Singapore is also an attractive base for foreign developers and investors due to its political stability, strong legal framework, low corruption levels, and ease of doing business. International firms regularly partner with local developers to undertake large-scale projects, especially in commercial and mixed-use developments.
<h2 dir="ltr">Challenges and Competition in the Industry</h2>
<h3 dir="ltr">Steep Pricing</h3>
The real estate industry in Singapore is intensely competitive and subject to various macroeconomic, regulatory, and demographic pressures. One of the key challenges lies in land scarcity. With limited space and high population density, real estate prices are steep and development opportunities are constrained. This makes it difficult for new entrants to secure prime sites unless they have deep capital or strategic alliances.
<h3 dir="ltr">Long-Term Profitability</h3>
Government policies also play a significant role in tempering market volatility. Measures such as Additional Buyer’s Stamp Duty (ABSD), Seller’s Stamp Duty (SSD), and Total Debt Servicing Ratio (TDSR) were introduced to curb speculative buying and ensure financial prudence among homebuyers. While these measures have contributed to market stability, they also limit short-term profitability for developers and investors.
<h3 dir="ltr">Fluctuating Market Trends</h3>
The cyclical nature of the real estate market poses another challenge. Developers must navigate fluctuating demand, construction costs, interest rates, and changing lifestyle preferences. For instance, the post-pandemic trend of remote work has reshaped demand for office space, prompting landlords to rethink traditional leasing models.
<h3 dir="ltr">Upcoming Proptech Transformations</h3>
Technology disruption is also altering the competitive landscape. Proptech solutions are revolutionising how properties are listed, viewed, and managed. Digital platforms are disintermediating traditional agents, while data analytics and AI are being leveraged for valuation, predictive modeling, and investment decision-making. Staying ahead requires agility, digital adoption, and continuous innovation.
<h3 dir="ltr">Singapore’s Push For Sustainability</h3>
Moreover, environmental sustainability is becoming a crucial factor. Developers and landlords are increasingly pressured to meet green building standards and incorporate energy-efficient features, not just to meet regulatory requirements but also to attract environmentally conscious investors and tenants.
Participants in Singapore’s real estate market may easily navigate these challenges with the help of an informed and updated strategy by professionals and government agencies.
<h2 dir="ltr">Opportunities in Singapore’s Real Estate Industry</h2>
<ol>
<li dir="ltr" aria-level="1">
<h3 dir="ltr" role="presentation">PropTech Growth: AI, Virtual Viewings, Smart Home Solutions</h3>
</li>
</ol>
Singapore’s real estate sector is undergoing rapid digital transformation driven by Property Technology (PropTech) – a wave of innovations enhancing how properties are bought, sold, rented, and managed.
Artificial Intelligence (AI) is used in multiple ways: property portals and real estate agencies are leveraging AI to match listings to buyer preferences, analyse market trends, and estimate property valuations more accurately. Chatbots, predictive analytics, and automation tools also streamline customer service and lead generation.
Virtual viewings and augmented reality (AR) have grown significantly since the pandemic. Prospective buyers and tenants can now tour properties remotely through 3D walkthroughs or even live guided virtual showings. This not only saves time but also makes property marketing borderless, important in a global hub like Singapore where foreign investors are key players.
Smart home solutions such as integrated lighting, climate control, security, and voice-activated systems are becoming standard in new developments. Developers are now incorporating these features to meet the expectations of tech-savvy homeowners and tenants. This growing demand for smart homes is pushing architects, designers, and property managers to upgrade existing properties to remain competitive.
<ol start="2">
<li dir="ltr" aria-level="1">
<h3 dir="ltr" role="presentation">Green and Sustainable Buildings: BCA Green Mark Incentives</h3>
</li>
</ol>
Sustainability has become a core focus in Singapore’s urban development strategy. The Building and Construction Authority (BCA) leads this effort through the Green Mark Scheme, a benchmarking system launched to evaluate a building’s environmental impact and performance.
Developers and building owners are encouraged to adopt sustainable construction practices and technologies such as solar panels, energy-efficient HVAC systems, water-saving fittings, and eco-friendly materials. In return, they can qualify for financial incentives, higher gross floor area allowances, and faster planning approvals, depending on the Green Mark rating achieved (Certified, Gold, GoldPLUS, or Platinum).
The government’s Singapore Green Building Masterplan aims to green 80% of the built environment by 2030. As this regulatory push continues, it creates opportunities for green building consultants, energy service companies, sustainable architects, and investors in ESG-compliant real estate portfolios.
<ol start="3">
<li dir="ltr" aria-level="1">
<h3 dir="ltr" role="presentation">Luxury Residential Segment: Especially in Core Central Region (CCR)</h3>
</li>
</ol>
Despite property cooling measures, the luxury property market remains resilient, particularly in the Core Central Region (CCR), which includes prestigious districts like Orchard, Tanglin, Newton, and Marina Bay. These areas house high-end condominiums, penthouses, and landed properties that attract high-net-worth individuals (HNWIs), both local and foreign.
Factors fueling this demand include Singapore’s reputation as a safe haven, political stability, tax efficiency (no capital gains tax), and high-quality lifestyle. Family offices and global elites see Singapore’s luxury homes as not just residences but assets for long-term wealth preservation.
Developers are also innovating in this space by integrating branded residences, wellness features, concierge services, and private clubs to differentiate their offerings. While entry into this segment requires significant capital, the margins are higher, and the clientele is less price-sensitive, making it an attractive niche for investors and developers who can deliver exceptional quality.
<ol start="4">
<li dir="ltr" aria-level="1">
<h3 dir="ltr" role="presentation">Regional Real Estate Funds and REITs: Singapore is Asia’s REIT Capital</h3>
</li>
</ol>
Singapore is widely regarded as the REIT (Real Estate Investment Trust) capital of Asia. Its REIT market is worth over S$100 billion and features a diverse range of trusts that invest in office buildings, malls, hotels, logistics hubs, data centres, and healthcare properties both in Singapore and globally.
REITs provide an accessible way for investors to gain exposure to real estate without owning physical property. They offer liquidity, diversification, and attractive dividend yields, especially in a low-interest-rate environment. Institutions and retail investors alike value Singapore REITs (S-REITs) for their regulatory transparency, strong corporate governance, and tax efficiency.
In recent years, real estate private equity funds and regional investment vehicles have also emerged, using Singapore as a hub to manage cross-border real estate assets across Southeast Asia, India, China, and Australia. This opens up opportunities for fund managers, asset managers, financial analysts, and real estate lawyers, especially those with regional expertise.
<ol start="5">
<li dir="ltr" aria-level="1">
<h3 dir="ltr" role="presentation">Commercial Property Redevelopment: Linked to URA Master Plan</h3>
</li>
</ol>
The Urban Redevelopment Authority (URA) lays out long-term development plans for Singapore through its Master Plan, which is updated every five years. These plans often spark commercial redevelopment opportunities, especially in areas earmarked for transformation.
Examples include:
<ul>
<li dir="ltr" aria-level="1">
Greater Southern Waterfront: A massive coastal redevelopment stretching from Pasir Panjang to Marina East, set to become a new mixed-use waterfront precinct.
</li>
<li dir="ltr" aria-level="1">
Jurong Lake District: Positioned as Singapore’s second CBD, targeting innovation and business services.
</li>
<li dir="ltr" aria-level="1">
Paya Lebar Airbase relocation: Freeing up a huge area for future housing and commercial space.
</li>
</ul>
Commercial properties in aging zones may also qualify for redevelopment under schemes like the CBD Incentive Scheme or Strategic Development Incentive (SDI), which encourage building owners to modernise old office buildings into mixed-use developments, often with higher plot ratios and bonus incentives.
For investors, architects, planners, and construction firms, this represents a long runway of opportunities. Being aligned with the URA Master Plan allows developers to position themselves early and extract value from upcoming growth corridors.
<h2 dir="ltr">Monetising Singapore’s Real Estate Industry as a Foreigner</h2>
The real estate industry in Singapore is more than just a property market, it is a dynamic and strategic sector that underpins the nation’s economic and urban development. Despite its challenges, the sector remains a lucrative and stable environment for those who understand its intricacies and can adapt to its evolving trends. Whether local or foreign, those wishing to work or invest in Singapore’s real estate market must be prepared to operate within a highly regulated yet opportunity-rich landscape that rewards professionalism, foresight, and resilience.
The post <a rel="nofollow" href="https://iasg.com.sg/participating-in-singapores-real-estate-industry-as-a-foreigner/">Participating in Singapore’s Real Estate Industry As A Foreigner</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9172</post-id> </item>
<item>
<title>Business Incorporation For Muslim Apparel Homebased Seller</title>
<link>https://iasg.com.sg/business-incorporation-for-muslim-apparel-homebased-seller/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 29 Aug 2025 02:34:39 +0000</pubDate>
<category><![CDATA[Case Studies]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9168</guid>
<description><![CDATA[Find out how IASG helped in this case of business incorporation for muslim apparel homebased seller from Malaysia with growing family.
The post <a rel="nofollow" href="https://iasg.com.sg/business-incorporation-for-muslim-apparel-homebased-seller/">Business Incorporation For Muslim Apparel Homebased Seller</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[
<pre class="wp-block-verse">A young Malaysian housewife who married a Singaporean decided to set up a company in Singapore to expand her homebased business and make it her official source of income.</pre>
<h2 class="wp-block-heading">Business Incorporation For Muslim Apparel Homebased Seller From Malaysia With Growing Family</h2>
 
<h2 class="wp-block-heading">Application Details</h2>
<figure class="wp-block-table is-style-stripes">
<table style="height: 425px;" width="1353">
<tbody>
<tr>
<td>Age</td>
<td>23</td>
</tr>
<tr>
<td>Gender</td>
<td>Female</td>
</tr>
<tr>
<td>Country of Origin</td>
<td>Malaysia</td>
</tr>
<tr>
<td>Ethnicity</td>
<td>Malay</td>
</tr>
<tr>
<td>Education</td>
<td>Bachelor’s Degree</td>
</tr>
<tr>
<td>Occupation</td>
<td>Housewife / Entrepreneur</td>
</tr>
<tr>
<td>Immigration Status</td>
<td>Long-Term Visit Pass (LTVP)</td>
</tr>
<tr>
<td>Social Integration</td>
<td>Minimal</td>
</tr>
<tr>
<td>Number of Years in SG</td>
<td>1 year 7 months</td>
</tr>
<tr>
<td>Registered Business Activity in Singapore</td>
<td>Private Limited Company (Pte Ltd)</td>
</tr>
<tr>
<td>Business Model</td>
<td>E-commerce selling muslim apparels</td>
</tr>
</tbody>
</table>
Reason for Business Incorporation: </figure>
After marrying her Singaporean husband and relocating from Malaysia, the client sought to build a sustainable source of income and long-term stability in Singapore. With her first child on the way and limited access to formal employment options due to her family commitments and immigration status, she saw entrepreneurship as a practical and empowering solution.
Establishing a business would allow her to contribute financially to her growing family while remaining flexible enough to manage her responsibilities as a new mother. Thus, setting up an <a href="https://iasg.com.sg/the-e-commerce-boom-in-singapore-its-future-outlook/">e-commerce business</a> selling muslim apparel is her solution that she sees fit to her commitments and lifestyle.
<h3 dir="ltr">Challenges:</h3>
As a first-time entrepreneur with no prior business experience, the client faced several hurdles:
<ul>
<li dir="ltr" aria-level="1">
Administrative & Regulatory Complexity: She was unfamiliar with the legal requirements for business registration in Singapore, including ACRA incorporation, appointment of a corporate secretary, setting up a business bank account, and understanding tax obligations.
</li>
<li dir="ltr" aria-level="1">
Time & Energy Constraints: Being in her first trimester of pregnancy, she experienced fatigue and had limited mental bandwidth. She required consistent reminders and guidance to stay on track with the administrative timeline.
</li>
<li dir="ltr" aria-level="1">
Limited Financial Literacy: While she had strong instincts as a budding businesswoman, she lacked knowledge of financial forecasting, capital allocation, and formal accounting practices.
</li>
<li dir="ltr" aria-level="1">
Low Social Integration: With limited personal networks and few professional connections in Singapore, she struggled to identify trusted service providers and reliable support systems.
</li>
</ul>
<h3 dir="ltr">Background & Immigration Information:</h3>
Having settled in Singapore after marriage, the client intends to live here permanently. She is currently on an LTVP sponsored by her husband and aims to apply for Permanent Residency (PR) when eligible. Her entrepreneurial plans were sparked during her early pregnancy, and she was highly motivated to launch her business before her due date, to ensure the foundation was laid before she transitioned into motherhood.
She and her husband currently live with his parents while saving up to purchase a BTO flat. Once granted PR, she will become eligible for the housing grants necessary to secure their own home.
<h3 dir="ltr">Talent & Industry Representation:</h3>
Despite her challenges, the client demonstrated strong business instincts. Over the past year, she had independently sourced modest Muslim fashion apparel from Malaysia, Indonesia, and China, selling them through informal online channels. The consistent demand for her products gave her the confidence to transition her operations into a formally registered business.
Given Singapore’s <a href="https://www.investasian.com/economy/e-commerce-singapore/" target="_blank" rel="noopener">high rental costs</a>, she made a strategic decision to maintain a lean structure by operating entirely online. By leveraging platforms like Shopee and Lazada, she ensured scalability without high overheads. This is a smart approach for new entrepreneurs entering the fashion retail space.
<h3 dir="ltr">Financial Stability & Grounding in Singapore:</h3>
The client’s financial base in Singapore is modest. She has lifetime savings of approximately $10,000, which she has earmarked as working capital for her new business. Her husband, a civil servant, is the main breadwinner and is contributing $20,000 to the business in exchange for a 35% equity share. Her basic hospitalisation and term-life insurance are also currently covered by him.
This financial collaboration not only supports the business but reflects her husband’s confidence in her abilities and commitment to their shared future. Her initial venture, that she has been working on for the past year, has earned her a healthy profit margin of 25%. This is of course, without much overheads and business costs due to the micro business set up – selling from home via word of mouth and free advertising on her own social media.
<h3 dir="ltr">Social Integration Efforts:</h3>
Although still new to Singapore, the client is taking active steps to build her social and community ties. She participates in mosque activities regularly and occasionally volunteers. She has formed early friendships with her neighbors and has become acquainted with her husband’s extended family and social circle.
These small but significant steps suggest growing social integration, which will be vital to her long-term success both personally and professionally.
<h3 dir="ltr">Age & Nationality Demographics:</h3>
Being only 23 with a growing family and planning to scale her business, she is an ambitious young woman who wants to be successful in life. Her chances of living long-term in Singapore are most likely high due to her racial profile, young age, family ties, and burgeoning career.
<h3 dir="ltr">How IASG Helped?</h3>
IASG provided end-to-end support tailored to the client’s unique circumstances:
<ul>
<li dir="ltr" aria-level="1">
Business Advisory & Incorporation Support: We guided her through each step of the incorporation process, from selecting the business structure to registering with ACRA and appointing a corporate secretary.
</li>
<li dir="ltr" aria-level="1">
Accounting & Tax Advisory: We helped her understand GST thresholds, financial record-keeping, and filing obligations—critical for a first-time business owner.
</li>
<li dir="ltr" aria-level="1">
Compliance & Regulatory Education: We explained local business laws, employment regulations, and her obligations under the Companies Act.
</li>
<li dir="ltr" aria-level="1">
Timeline Accountability: Given her pregnancy and energy constraints, we provided consistent reminders, follow-ups, and simplified action steps to help her meet deadlines.
</li>
<li dir="ltr" aria-level="1">
Business Structuring Support: We advised on shareholder agreements between her and her husband, ensuring clarity on roles, ownership percentages, and capital injections.
</li>
<li dir="ltr" aria-level="1">
Community Connections: Where possible, we referred her to trusted vendors and online resources to help build her local support network.
</li>
</ul>
<h3 dir="ltr">The Result:</h3>
Within five business days, the client successfully incorporated her Private Limited Company, with all required roles and documents in place. She now runs her fashion e-commerce business confidently, with structured accounting, operational clarity, and a long-term vision for growth. Her business is on track to begin generating consistent revenue within the next quarter, albeit at a much lower profit margin than when she first started, due to all the costs involved in the set up. However, the client is confident that she has made the best decision in her career and is excited for the future.
With IASG’s ongoing advisory support, she feels empowered to scale her brand, apply for Singapore PR soon, and eventually move into her own home with her husband and child. Her story is a testament to how young entrepreneurs, when guided properly, can overcome immigration, regulatory, and financial challenges to build a thriving business in Singapore.
The post <a rel="nofollow" href="https://iasg.com.sg/business-incorporation-for-muslim-apparel-homebased-seller/">Business Incorporation For Muslim Apparel Homebased Seller</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9168</post-id> </item>
<item>
<title>Singapore PR Application For Special Talents</title>
<link>https://iasg.com.sg/singapore-pr-application-for-special-talents/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 22 Aug 2025 02:14:03 +0000</pubDate>
<category><![CDATA[PR & Citizenship]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9151</guid>
<description><![CDATA[Are special talents such as sports people and artists eligible for Singapore PR and how can they apply for it? 
The post <a rel="nofollow" href="https://iasg.com.sg/singapore-pr-application-for-special-talents/">Singapore PR Application For Special Talents</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[Singapore is globally recognised for its vibrant multicultural society and robust advancements in science, technology, engineering, and mathematics (STEM). However, its arts, culture, and sports sectors have yet to experience the same level of growth and international recognition. Recognising the untapped potential of these areas, the Singapore government has introduced targeted initiatives to attract and nurture foreign talent in non-traditional fields such as the arts, music, sports, and other creative industries. This article focuses on Singapore PR application for these special talents.
As part of its broader strategy to build a more diverse and globally competitive nation, Singapore offers <a href="https://iasg.com.sg/singapore-pr/">Permanent Residency (PR)</a> pathways to individuals who demonstrate exceptional ability and accomplishments outside conventional corporate or technical domains. These include artists, performers, athletes, cultural practitioners, and other individuals with outstanding talents who can enrich the nation’s cultural and social fabric.
This article explores the specialised PR route available to such individuals, outlining how those with unique skills and proven track records can apply for Singapore Permanent Residency and contribute meaningfully to the country’s evolving identity and global standing.
<h2>A. The Foreign Artistic Talent Scheme (ForArts)</h2>
The <a href="https://www.nac.gov.sg/support/funding-and-schemes/foreign-artistic-talent-scheme-(forarts)" target="_blank" rel="noopener">ForArts Scheme</a> is a collaborative initiative by the <a href="https://www.nac.gov.sg/home" target="_blank" rel="noopener">National Arts Council (NAC)</a> and the Immigration & Checkpoints Authority (ICA). It aims to attract accomplished foreign artists who are committed to contributing to Singapore’s growing arts and cultural landscape.
<h3>Who Is It For?</h3>
It encompasses various artistic disciplines, including performing arts like dance, music, and theatre; visual arts, literary arts, design, and media. Examples below: 
<ul>
<li style="font-weight: 400;" aria-level="1">Visual artists 
</li>
<li style="font-weight: 400;" aria-level="1">Musicians and composers 
</li>
<li style="font-weight: 400;" aria-level="1">Dancers and choreographers 
</li>
<li style="font-weight: 400;" aria-level="1">Theatre practitioners 
</li>
<li style="font-weight: 400;" aria-level="1">Filmmakers 
</li>
<li style="font-weight: 400;" aria-level="1">Literary writers 
</li>
<li style="font-weight: 400;" aria-level="1">Designers and other creative professionals</li>
<li style="font-weight: 400;" aria-level="1">And more 
</li>
</ul>
<h3>Eligibility Criteria:</h3>
To be considered under the ForArts Scheme, applicants should:
<ul>
<li style="font-weight: 400;" aria-level="1">Have a strong portfolio and international or regional recognition in their field. 
</li>
<li style="font-weight: 400;" aria-level="1">Show clear contributions to Singapore’s local arts and culture scene (e.g. performances, exhibitions, collaborations, teaching). 
</li>
<li style="font-weight: 400;" aria-level="1">Be actively involved in the Singapore arts community. 
</li>
<li style="font-weight: 400;" aria-level="1">Have resided in Singapore for a minimum of 2 years (recommended) and have a valid employment or work pass. 
</li>
<li style="font-weight: 400;" aria-level="1">Demonstrate a long-term commitment to living and working in Singapore.</li>
</ul>
<h2>2. Why Apply Under the ForArts Scheme?</h2>
The ForArts Scheme acknowledges that not all talents fit into conventional employment categories. It offers an inclusive route for individuals who:
<ul>
<li style="font-weight: 400;" aria-level="1">Are freelancers or project-based artists 
</li>
<li style="font-weight: 400;" aria-level="1">Work outside of corporate structures 
</li>
<li style="font-weight: 400;" aria-level="1">Have niche or avant-garde skill sets that bring cultural diversity to Singapore</li>
<li style="font-weight: 400;" aria-level="1">Have the ability to bring Singapore to the world stage and help contribute to the industry</li>
</ul>
<h2>B. Foreign Sports Talent Scheme (FST)</h2>
Singapore introduced the <a href="https://en.wikipedia.org/wiki/Foreign_Sports_Talent_Scheme" target="_blank" rel="noopener">Foreign Sports Talent (FST) Scheme</a> – a pathway allowing foreign athletes to attain Permanent Residency (PR) to represent the nation in international sports competitions.
The FST Scheme was launched in 1993 by the Singapore Table Tennis Association, it aims to attract high-caliber international athletes to contribute to Singapore’s sporting excellence. Since then, other sports associations such as the Singapore Athletic Association’s (SAA), the Singapore Badminton Association, and the Football Association of Singapore (FAS) have all used the FST Scheme to attract foreign talent to play in their sports with permanent residency as one of the benefits of joining the Singapore team.
<h3>Who is Eligible?</h3>
The FST Scheme is targeted at:
<ul>
<li style="font-weight: 400;" aria-level="1">Elite athletes in individual or team sports (e.g., swimming, table tennis, badminton, athletics, football, etc.) 
</li>
<li style="font-weight: 400;" aria-level="1">Sports professionals with international-level achievements 
</li>
<li style="font-weight: 400;" aria-level="1">Young sports talents with strong potential and commitment to long-term development 
</li>
<li style="font-weight: 400;" aria-level="1">Coaches and sports scientists (on a case-by-case basis) 
</li>
</ul>
<h3>Key Eligibility Factors:</h3>
<ol>
<li style="font-weight: 400;" aria-level="1">Proven Track Record
<ul>
<li style="font-weight: 400;" aria-level="2">Must have competed and excelled at the national or international level. 
</li>
<li style="font-weight: 400;" aria-level="2">Endorsements or rankings from international sporting bodies are a plus.</li>
</ul>
</li>
<li style="font-weight: 400;" aria-level="1">Endorsement by a National Sports Association (NSA)
<ul>
<li style="font-weight: 400;" aria-level="2">The applicant must secure support from a Singapore NSA relevant to their sport.</li>
</ul>
</li>
<li style="font-weight: 400;" aria-level="1">Potential to Contribute
<ul>
<li style="font-weight: 400;" aria-level="2">The individual must show potential to improve Singapore’s sports standards, mentor younger athletes, or win medals for the country.</li>
</ul>
</li>
<li style="font-weight: 400;" aria-level="1">Willingness to Represent Singapore
<ul>
<li style="font-weight: 400;" aria-level="2">The applicant must commit to represent Singapore in major competitions.</li>
</ul>
</li>
</ol>
<h2>3. Benefits of Singapore PR for Special Talents</h2>
All Singapore PR holders enjoy the same benefits such as access to subsidised education, healthcare, and public housing. However, special talents may find fame in Singapore and Asia, which may bring them more monetary benefit outside of their expertise such as business ventures or getting sponsors and product endorsements by local and international brands.
<ul>
<li style="font-weight: 400;" aria-level="1">Freedom to Live and Work: No need for a work pass 
</li>
<li style="font-weight: 400;" aria-level="1">Family Stability: Include your spouse and children under 21 in your PR application so that you and your family can build your lives in Singapore through education and career. 
</li>
<li style="font-weight: 400;" aria-level="1">No Need for Work Pass or travel visa when re-entering Singapore: With a valid Re-Entry Permit (REP), Singapore PR holders do not have the hassle of administrative tasks for working, living, and travelling, which can be both cost and time-effective.</li>
</ul>
<h2>4. Tips for Strengthening Your PR Application as a Special Talent</h2>
<ul>
<li style="font-weight: 400;" aria-level="1">Keep Track of Local Contributions: Save records of events, exhibitions, performances, talks, or classes in Singapore and track the effectiveness or success of each event. 
</li>
<li style="font-weight: 400;" aria-level="1">Collaborate Locally: Partner with local artists, institutions, or art spaces. 
</li>
<li style="font-weight: 400;" aria-level="1">Build Relationships: Engage with local communities, art schools, or cultural programs. 
</li>
<li style="font-weight: 400;" aria-level="1">Stay Active: Regular participation in the arts scene strengthens your case.</li>
<li style="font-weight: 400;" aria-level="1">Win Awards: Winning local, regional or global competitions and being recognised nationally for your specific expertise or talent.</li>
</ul>
<h2>Applying for Singapore PR as a Special Talent</h2>
Singapore is actively building a vibrant, inclusive cultural identity and it welcomes foreign talents who can contribute to that vision. The ForArts and FST Schemes are unique opportunities for talented individuals to secure long-term residency and grow their influence in a thriving and supportive environment.
If you’re a passionate artist or sportsman already contributing to Singapore’s creative ecosystem, applying for PR could be your next big step to continue building your career and life in the country. 
The post <a rel="nofollow" href="https://iasg.com.sg/singapore-pr-application-for-special-talents/">Singapore PR Application For Special Talents</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9151</post-id> </item>
<item>
<title>Bullion Investing in Singapore: Strategy for Wealth Preservation</title>
<link>https://iasg.com.sg/bullion-investing-in-singapore-strategy-for-wealth-preservation/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 15 Aug 2025 02:42:12 +0000</pubDate>
<category><![CDATA[Investment News]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9165</guid>
<description><![CDATA[What is bullion and how do HNWIs use it to preserve their wealth? IASG explains how it is beneficial to invest in, especially in Singapore.
The post <a rel="nofollow" href="https://iasg.com.sg/bullion-investing-in-singapore-strategy-for-wealth-preservation/">Bullion Investing in Singapore: Strategy for Wealth Preservation</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[In a world of volatile markets and economic uncertainty, investors are increasingly turning to bullion investing as a time-tested strategy to preserve wealth and diversify portfolios. Bullion refers to precious metals, primarily gold and silver, but also platinum and palladium that are bought in the form of bars, coins, or ingots. Unlike paper assets or digital currencies, bullion offers a tangible, finite resource that holds intrinsic value across civilisations and centuries.
<h2 dir="ltr">What is Bullion?</h2>
Bullion is a bulk quantity of precious metal measured by weight and typically valued by purity and content rather than form. The most common forms include:
<ul>
<li dir="ltr" aria-level="1">
Gold bullion – Widely considered a safe haven asset, especially during inflation and currency devaluation.
</li>
<li dir="ltr" aria-level="1">
Silver bullion – Offers both investment potential and industrial utility, making it more volatile but also more accessible.
</li>
<li dir="ltr" aria-level="1">
Platinum & Palladium bullion – Rarer metals with strong ties to industrial demand, especially in automotive and tech sectors.
</li>
</ul>
<h2 dir="ltr">Why Invest in Bullion?</h2>
<h3 dir="ltr">Bullion vs Jewellery</h3>
While many people, especially in Asia, buy gold jewellery as a safekeep for rainy days, bullion is seen as the better form of precious metal investment due to the high margin for the former. Jewellery is also bought more by women as compared to men, due to its wearability and social acceptance. Bullion, on the other hand, is gender-neutral and can be bought by everyone. DUe to its regular sizes, storage is also easier for bullion as compared to jewellery where intricacies in its designs can be a good consideration for storage.
Wealthy investors keep their bullion in vaults that are available all over the world. Below are 4 reasons why people invest in bullion.
<h3 dir="ltr">1. Hedge Against Inflation and Currency Risk</h3>
Precious metals, particularly gold, have historically maintained purchasing power. When fiat currencies weaken due to inflation, geopolitical turmoil, or reckless monetary policy, bullion tends to retain or even gain value.
<h3 dir="ltr">2. Wealth Preservation</h3>
Bullion is not tied to any single economy or banking system. This independence makes it a preferred store of value in times of economic collapse or financial crisis.
<h3 dir="ltr">3. Portfolio Diversification</h3>
Including bullion in an investment portfolio adds a layer of non-correlation with traditional assets like stocks and bonds. This can reduce overall risk and improve long-term stability.
<h3 dir="ltr">4. Liquidity</h3>
Gold and silver are universally recognised and easily convertible to cash anywhere in the world. This makes bullion a highly liquid asset, especially in its standard forms like 1 oz coins and 1 kg bars.
<h2 dir="ltr">3 Types of Bullion Investments Available</h2>
<ol>
<li dir="ltr" aria-level="1">
Physical Bullion
<ul>
<li dir="ltr" aria-level="2">
Coins (e.g., American Eagle, Canadian Maple Leaf, Krugerrand)
</li>
<li dir="ltr" aria-level="2">
Bars and Ingots (typically from refiners like PAMP, Valcambi, or Perth Mint)
</li>
<li dir="ltr" aria-level="2">
Pros: Full ownership, no counterparty risk
</li>
<li dir="ltr" aria-level="2">
Cons: Requires storage and insurance, not always practical for large sums
</li>
</ul>
</li>
<li dir="ltr" aria-level="1">
Bullion-Backed Securities
<ul>
<li dir="ltr" aria-level="2">
ETFs (Exchange-Traded Funds) like SPDR Gold Shares (GLD)
</li>
<li dir="ltr" aria-level="2">
Allocated accounts at precious metals custodians
</li>
<li dir="ltr" aria-level="2">
Pros: Easy to buy/sell, no need for physical handling
</li>
<li dir="ltr" aria-level="2">
Cons: Subject to counterparty and systemic risk
</li>
</ul>
</li>
<li dir="ltr" aria-level="1">
Mining Stocks and Mutual Funds
<ul>
<li dir="ltr" aria-level="2">
Investing in companies that mine precious metals
</li>
<li dir="ltr" aria-level="2">
Pros: Potential for leveraged gains
</li>
<li dir="ltr" aria-level="2">
Cons: Higher volatility, tied to company performance rather than metal price alone
</li>
</ul>
</li>
</ol>
<h2 dir="ltr">5 Best Countries to Invest in Bullion</h2>
When investing in bullion, where you buy and store it matters. Here are the top countries known for favourable conditions:
<h4 dir="ltr">1. Singapore – Top Global Bullion Hub</h4>
Being one of the top financial hubs in the world, Singapore has an attractive landscape for business and investments and a diverse variety of financial options for investors to choose from.
<ul>
<li dir="ltr" aria-level="1">
No GST (Goods & Services Tax) on investment-grade precious metals. Since October 2012, Singapore exempts investment-grade bullion – gold (≥ 99.5% purity), silver (≥ 99.9%), platinum/palladium (≥ 99%) from GST. Only LBMA/LPPM‑approved bars or legal tender coins qualify. This zero‑GST status applies both to imported and domestically supplied bullion.
</li>
<li dir="ltr" aria-level="1">
World-class and premier vaulting facilities such as <a href="https://thereserve.sg/facility/about" target="_blank" rel="noopener">The Reserve</a> and other high-security vaults near Changi Airport provide safe, climate-controlled storage, appealing to both retail and institutional bullion holders.
</li>
<li dir="ltr" aria-level="1">
Strong political stability, economic freedom, and rule of law. The Monetary Authority of Singapore (MAS), as Singapore’s financial regulator, oversees the broader stability and supports market trust, including bullion services offered by banks and institutions.
</li>
<li dir="ltr" aria-level="1">
Strict business regulations and security, precious stones and metals dealers must register and comply with AML/CFT/CPF reporting, monitor high-value cash transactions of more than SGD 20,000, and maintain records for five years. This ensures a credible and transparent bullion market.
</li>
<li dir="ltr" aria-level="1">
Approved Refiners & Industry Cluster: Global refiners like Metalor and endorsed consolidators benefit from Singapore’s Approved Refiner & Consolidator Scheme (ARCS), which streamlines GST compliance on raw materials destined for IPM production
</li>
<li dir="ltr" aria-level="1">
No capital gains tax, inheritance tax, or wealth tax. Profits from bullion sales are <a href="https://bullionbound.com/blog/6-expert-tips-to-buy-gold-coins-in-singapore-maximize-your-investment/" target="_blank" rel="noopener">tax-free</a> for both residents and non‑residents (except when trading activity qualifies as a business).
</li>
<li dir="ltr" aria-level="1">
Zero Duties on Import or Export: Singapore imposes no customs duties on bullion. This makes importing or re‑exporting investment-grade metals seamless and cost-efficient.
</li>
<li dir="ltr" aria-level="1">
Positioned as a neutral, geopolitically safe jurisdiction.
</li>
<li dir="ltr" aria-level="1">
Popular among high-net-worth individuals, Islamic investors, and gold vaulting institutions globally.
</li>
</ul>
Singapore’s gold storage and investment ecosystem is among the most advanced in the world. It’s the only Asian country consistently ranked in the top 5 for gold investor confidence, and it has <a href="https://sbma.org.sg/news/sgx-announces-worlds-first-shariah-compliant-gold-future-contract/#:~:text=Singapore%20Exchange%20(SGX)%20is%20pleased,first%20Shariah%2Dcompliant%20gold%20futures." target="_blank" rel="noopener">Shariah-compliant gold investment platforms</a> for Muslim investors.
<h4 dir="ltr">2. Switzerland</h4>
<ul>
<li dir="ltr" aria-level="1">
Historic safe haven for wealth storage.
</li>
<li dir="ltr" aria-level="1">
Home to major bullion refiners and vaults (e.g., Valcambi, Metalor).
</li>
<li dir="ltr" aria-level="1">
Strong banking secrecy and neutrality.
</li>
<li dir="ltr" aria-level="1">
Higher costs and tighter regulations in recent years.
</li>
<li dir="ltr" aria-level="1">
Usually seen as the banking capital for the ultra rich
</li>
</ul>
<h4 dir="ltr">3. Canada</h4>
<ul>
<li dir="ltr" aria-level="1">
Well-regulated and investor-friendly.
</li>
<li dir="ltr" aria-level="1">
Minter of popular coins like the Canadian Maple Leaf.
</li>
<li dir="ltr" aria-level="1">
Physical bullion can be stored in secure facilities with relatively low tax exposure.
</li>
</ul>
<h4 dir="ltr">4. Australia</h4>
<ul>
<li dir="ltr" aria-level="1">
Home to Perth Mint, one of the world’s leading government mints.
</li>
<li dir="ltr" aria-level="1">
Transparent regulatory framework.
</li>
<li dir="ltr" aria-level="1">
GST applies to some precious metals unless specifically exempted.
</li>
</ul>
<h4 dir="ltr">5. United Arab Emirates (Dubai)</h4>
<ul>
<li dir="ltr" aria-level="1">
No taxes on gold and precious metals.
</li>
<li dir="ltr" aria-level="1">
Dubai Gold Souk and DMCC make it a regional bullion trading hub.
</li>
<li dir="ltr" aria-level="1">
Less transparent regulatory and legal protections compared to Singapore.
</li>
</ul>
<h2 dir="ltr">Why Bullion Fits So Naturally in Singapore</h2>
Apart from the reasons mentioned above, Singapore’s financial ecosystem deserves praise for being fully adaptable to current market changes and updates, such as adopting bullion and <a href="https://iasg.com.sg/crypto-investment-in-singapore/">cryptocurrency</a> in its purview. This ensures a safe, regulated, and risk assessment environment for both retail and private investors alike.
<h3 dir="ltr">Singapore’s Financial Services Ecosystem & Market Innovation</h3>
<ul>
<li dir="ltr" aria-level="1">
Integrated Financial Ecosystem: Singapore’s status as a global wealth management hub means investors can easily access bullion trading accounts, secure loans backed by bullion, and integration with wealth strategies alongside other asset classes.
</li>
<li dir="ltr" aria-level="1">
Emerging Physical Gold Futures Market: Abaxx Exchange is launching Asia’s first physical gold futures contract deliverable in Singapore. Backed by major investors like BlackRock, this development positions Singapore to rival London and New York as a bullion trading hub.
</li>
<li dir="ltr" aria-level="1">
Central Bank Accumulation of Gold: MAS itself has increased its gold holdings significantly, buying around 75 tonnes in the first nine months of 2023—making Singapore the third-largest central bank gold buyer globally during that period. This reflects a strategic confidence in gold as part of national reserve management.
</li>
</ul>
<h2 dir="ltr">Risks and Considerations For Bullion Investing</h2>
<ul>
<li dir="ltr" aria-level="1">
Storage and Security: Physical bullion must be stored securely either at home (in a safe) or with a trusted vaulting service. This may incur additional costs.
</li>
<li dir="ltr" aria-level="1">
Premiums and Fees: Bullion often carries a premium over the spot price, especially in coin form. Ensure that buying/selling costs are reasonable.
</li>
<li dir="ltr" aria-level="1">
Market Volatility: While generally stable, precious metal prices can still fluctuate based on market sentiment, industrial demand, and central bank actions.
</li>
<li dir="ltr" aria-level="1">
Liquidity Limitations: While bullion is generally liquid, offloading large quantities quickly or in crisis periods might be challenging.
</li>
</ul>
Note that this article is in no way financial advice or be taken as such. This article is only for informational purposes and all finance-related activities should be done with a licensed financial agent for proper advice.
<h2 dir="ltr">Bullion as Part of a Holistic Wealth Strategy</h2>
Smart investors don’t see bullion as a “get-rich-quick” investment but rather a strategic hedge and long-term asset. Allocating 5 to 15% of one’s portfolio in precious metals can safeguard against financial shocks and protect generational wealth. It’s especially relevant for those with an eye on wealth preservation, estate planning, and intergenerational trust structures.
<h2 dir="ltr">Investing in Bullion in Singapore for Foreign Investors</h2>
Bullion investing offers more than just a shield against inflation, it provides a sense of financial sovereignty. As economies evolve and digital currencies rise, the tangible, enduring value of gold and silver continues to ground investors in stability. Among the many countries offering bullion opportunities, Singapore stands out as the safest, most efficient, and future-ready jurisdiction for precious metals investment. Whether you’re a seasoned investor or a beginner seeking security in turbulent times, bullion deserves a seat at your financial table.
The post <a rel="nofollow" href="https://iasg.com.sg/bullion-investing-in-singapore-strategy-for-wealth-preservation/">Bullion Investing in Singapore: Strategy for Wealth Preservation</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9165</post-id> </item>
<item>
<title>Can Singapore PRs Buy HDB Flats?</title>
<link>https://iasg.com.sg/can-singapore-prs-buy-hdb-flats/</link>
<dc:creator><![CDATA[Nurshila Rahim]]></dc:creator>
<pubDate>Fri, 08 Aug 2025 02:43:12 +0000</pubDate>
<category><![CDATA[PR & Citizenship]]></category>
<guid isPermaLink="false">https://iasg.com.sg/?p=9147</guid>
<description><![CDATA[Can Singapore PRs Buy HDB Flats? Yes, but there are limitations. IASG answers this common question in detail in this article.
The post <a rel="nofollow" href="https://iasg.com.sg/can-singapore-prs-buy-hdb-flats/">Can Singapore PRs Buy HDB Flats?</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></description>
<content:encoded><![CDATA[For many Singapore Permanent Residents (PRs), one of the biggest questions after obtaining PR status is: Can I buy an HDB flat? The short answer is yes but with conditions. This article breaks down the key rules, eligibility requirements, and options available for PRs looking to own a home in Singapore.
<h2>Can Singapore PR Holders Buy HDB Flats?</h2>
Yes, Singapore PRs can buy HDB flats, but only resale flats and only under certain conditions. PRs are not allowed to buy new Build-to-Order (BTO) flats directly from the <a href="https://www.hdb.gov.sg/cs/infoweb/homepage" target="_blank" rel="noopener">Housing & Development Board (HDB)</a>, which are reserved for Singapore Citizens (SCs).
<ul>
<li aria-level="1">
<h3>What Type of HDB Flats Can PRs Buy?</h3>
</li>
</ul>
Singapore PR holders can only purchase HDB resale flats in the open market. These are flats sold by existing owners, not directly from HDB. Resale flats tend to be older but are available in mature and popular estates.
<ul>
<li aria-level="1">
<h3>Eligibility Conditions for PRs to Buy a Resale Flat</h3>
</li>
</ul>
To qualify, you must meet HDB’s eligibility criteria. As of 2025, here are the key requirements:
<h4>1. Family Nucleus</h4>
You must apply under one of these schemes:
<ul>
<li style="font-weight: 400;" aria-level="1">Public Scheme: PR + PR spouse (both must be PRs for at least 3 years)</li>
<li style="font-weight: 400;" aria-level="1">Fiancé/Fiancée Scheme: Only allowed if one party is a Singapore Citizen</li>
</ul>
Two single PRs (e.g. siblings or friends) cannot jointly purchase an HDB flat. Only PR couples or PR families are eligible.
<h4>2. Minimum PR Duration</h4>
<ul>
<li style="font-weight: 400;" aria-level="1">Both PRs must have held PR status for at least 3 years before being eligible to buy a resale HDB flat.</li>
</ul>
<h4>3. No Other Property Ownership</h4>
<ul>
<li style="list-style-type: none;">
<ul>
<li style="font-weight: 400;" aria-level="1">You must not own any other local or overseas residential property, and you must dispose of any such property within 6 months of buying the HDB flat.</li>
</ul>
</li>
</ul>
 
<ul>
<li aria-level="1">
<h3>Financing and CPF Usage</h3>
</li>
</ul>
PRs are eligible to:
<ul>
<li style="font-weight: 400;" aria-level="1">Use CPF Ordinary Account savings to pay for part of the flat (subject to CPF usage limits) 
</li>
<li style="font-weight: 400;" aria-level="1">Take a bank loan (PRs are not eligible for HDB loans) 
</li>
<li style="font-weight: 400;" aria-level="1">Pay Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD)</li>
</ul>
ABSD for PRs is 5% on the first residential property as of 2025. SC-PR couples may get ABSD refunds if they meet certain conditions.
<h2>5 Reasons Why Singapore PR Holders Should Buy HDB Flat</h2>
Despite the restrictions, HDB resale flats are a popular choice among PRs due to:
<ol>
<li style="font-weight: 400;" aria-level="1">Affordability as compared to private condos 
</li>
<li style="font-weight: 400;" aria-level="1">Access to mature estates with nearby transport, schools, and amenities such as shops, clinics, and community centres. 
</li>
<li style="font-weight: 400;" aria-level="1">Long leaseholds of up to 99 years</li>
<li style="font-weight: 400;" aria-level="1">Buying an HDB shows commitment to live long-term in Singapore. For PR holders who plan to <a href="https://iasg.com.sg/singapore-citizenship/">apply for Singapore Citizenship</a> in future, this would be a good move.</li>
<li style="font-weight: 400;" aria-level="1">HDB as an investment for both rental yield and capital gains. However, PRs should plan ahead financially due to higher upfront costs (e.g., ABSD), fewer subsidies, and rental eligibility due to the Minimum Occupancy Period.</li>
</ol>
<h2>Buying HDB Flat as a Singapore PR Holder</h2>
Buying an HDB resale flat as a Singapore PR is possible and beneficial especially for those who plan on becoming Singapore citizens, but it comes with strict eligibility criteria and higher costs than for Singapore Citizens. 
Disclaimer: This article is not legal or financial advice in any way and is intended for educational purposes only. Please engage a legal and/or financial professional for proper guidance.
The post <a rel="nofollow" href="https://iasg.com.sg/can-singapore-prs-buy-hdb-flats/">Can Singapore PRs Buy HDB Flats?</a> appeared first on <a rel="nofollow" href="https://iasg.com.sg">Immigration@SG</a>.
]]></content:encoded>
<post-id xmlns="com-wordpress:feed-additions:1">9147</post-id> </item>
</channel>
</rss>

If you would like to create a banner that links to this page (i.e. this validation result), do the following:

Download the "valid RSS" banner.
Upload the image to your own server. (This step is important. Please do not link directly to the image on this server.)
Add this HTML to your page (change the image src attribute if necessary):

<a href="http://www.feedvalidator.org/check.cgi?url=https%3A//iasg.com.sg/feed/"><img src="valid-rss-rogers.png" alt="[Valid RSS]" title="Validate my RSS feed" /></a>

If you would like to create a text link instead, here is the URL you can use:

http://www.feedvalidator.org/check.cgi?url=https%3A//iasg.com.sg/feed/

Home · About · News · Docs · Terms