
Rank #9
Singapore
Monthly Cost
$3,216
+47% vs USA
Internet
271 Mbps
Mobile Avg
Monthly Cost
$3,216
+47% vs USA
Internet
271 Mbps
Mobile Avg
EntrePass
For foreign entrepreneurs who want to start and operate a business in Singapore. Requires a business plan and investment.
Min. Income
N/A
Business Investment Required
Processing
1–2 Months
Average Time
Validity
1 Year
Initial / Renewable
Citizenship
10 Years
Years to Apply
Eligibility & Required Docs
Eligibility Requirements
Propose a viable business idea
Register a private limited company
Minimum paid-up capital of S$50,000
Required Documents
Business plan
Company registration documents
Passport
Recent passport-sized photograph
Residency Rules
Taxation
Business income is taxed at the corporate tax rate. Personal income from the business is taxed progressively.
Physical Presence
Must actively manage the business in Singapore.
Advantages
- Opportunity to start a business in a global hub
- Access to Singapore's business network
- Pathway to permanent residency
Disadvantages
- High initial investment
- Strict business viability requirements
- Competitive market
Compare with
United StatesE-2 Investor Visa
United KingdomInnovator Visa
CanadaStart-up Visa