🇸🇬 Singapore
EntrePass
The EntrePass is a visa for foreign entrepreneurs who want to start and operate an innovative business in Singapore, with an investment option for startups funded by government-recognized investors.
Overview
Singapore's EntrePass is a visa designed for foreign entrepreneurs who intend to start and operate an innovative business in Singapore. The pathway requires applicants to have a viable business plan that demonstrates innovation, scalability, and potential contribution to Singapore's economy. Holders of the EntrePass can legally reside in Singapore and run their company, and may apply for permanent residence upon meeting conditions. The investment option under the EntrePass is specifically for startups that have received funding from government-recognized investment institutions. Applications are assessed by Singapore's Ministry of Manpower, focusing on the feasibility of the business plan, the founder's background, and financial strength. This visa does not require local employee quotas, but ongoing business operation requirements must be met.
Requirements
- Submit an innovative business plan.
- Business must be registered and actively operated in Singapore.
- Applicant must hold at least 30% shares in the company.
- Company must have received investment from a government-recognized investment institution (e.g., venture capital, angel investor) or a government incubator.
- Applicant must have relevant industry experience and entrepreneurial background.
- No specific educational or age requirements, but must demonstrate ability to execute the business plan.
- Business must not be in traditional sectors such as retail or food and beverage.
Application steps
- Prepare a business plan and investment proof documents.
- Register the company in Singapore (can be done online via ACRA).
- Submit the EntrePass application through the Ministry of Manpower's online system.
- Wait for approval; may need to provide additional documents or attend an interview.
- Upon approval, collect the pass and complete procedures such as fingerprinting.
- Start operating the company and report business progress to the Ministry of Manpower periodically.
Tips
- Ensure the business plan highlights innovation and scalability; consider consulting a professional immigration advisor or lawyer.
- Investment proof must clearly show funds from a recognized institution.
- Familiarize yourself with Singapore's business environment and compliance requirements to align with policy direction.
- Keep the company actively operating during the application process to avoid being seen as a shell company.
- If rejected, analyze the reasons and consider reapplying or switching to another pass.
Is this pathway right for you?
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