What is Singapore Financial Investor Scheme (FIS)?

Posted in Business in Singapore, Uncategorized by Admin on May 13th, 2010

For the well-heeled foreigners who are interested to be Singapore Permanent Residence (SPR), they can consider going the route of Financial Investor Scheme (FIS). This scheme involves large investment into EDB (Economic Development Board) approved funds or to purchase Sentosa Cove’s property. Through this scheme, they may apply for Singapore Permanent Residence. The Monetary Authority of Singapore (MAS) will assess permanent residency application under this scheme.

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Singapore Employment Pass Application Process

Posted in Employment Pass by Admin on August 14th, 2007

Foreigners holding acceptable degrees and professional qualifications (whose monthly basic salary is more than S$1,800) are eligible to apply for an employment pass to work in Singapore. There are various types of employment passes, based on income bracket and qualifications:

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20 Basic Facets to Money Laundering Law

Posted in Anti Money Laundering, Banking Secrecy by Admin on August 8th, 2007

by Neil Lemons
“Money laundering” as it is commonly called, involves the transfer of monies that are a product of criminal activity – whether that activity is drug trafficking related or white collar crime related. Although there is a fairly broad definition of money laundering, the federal money laundering laws were enacted to attempt to take …

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