I want to immigrate to Singapore with my parents. Is it possible? What procedures are required?

Yes

You can apply for investment immigration:

1. 1 million Singapore dollars (approximately RMB 5 million), invest in a new company or join an existing company Singapore company established.

2. 500,000 Singapore dollars (approximately RMB 7.5 million) to purchase funds recommended by the Singapore government.

3. 2 million Singapore dollars (approximately RMB 10 million), 1 million to establish a new company or purchase a fund, and 1 million to purchase real estate.

4. 5 million Singapore dollars (approximately RMB 25 million) to purchase any financial products from Bank of Singapore.

Investment projects:

Can invest in manufacturing, electronics, chemistry, technology, logistics, telecommunications, information technology, advertising, tourism, fine restaurants, hotels, banks, insurance, trade , and construction industry, etc.

Restrictions on investment fields:

Regardless of investment plans (1), (2) and (3), the following industries or fields are not suitable for investment:

1 , escort industry, Turkish baths, brothels

2. Any industry that is not popular with the public

3. Foreign exchange speculation and related trade

4. It is not trusts and funds for economic development, residential real estate, or properties for resale or lease.

Entrepreneurs can apply for the following direct members:

1) Spouse

2) Children under 21 years old

3 ) Unmarried children may be allowed to apply for immigration, but this depends on their personal merits. If the entrepreneur's parents and his spouse's parents apply for immigration together, each of them needs to invest an additional SGD 300,000. However, if the parents do not apply, the applicant can also apply for a long-term visit permit for the parents to stay in Singapore.