louy wrote:Is there a limit on the number of social visits, or duration of visits to Singapore within a year.
Is it allowed to actually live in Singapore, but just leave for a couple of days every time the passport stamp expires.
Is there any downfalls of doing this long term.
And would this having any impact on any possible future application for EP or PR ?
Yes you can come and go until they refuse to let you stay, you don't actually have to leave if it's a Long term visit of 6 months, you just renew it, when it is running out if you have dependants here.
In the long term your tax liabilities change, because in most Countries of residence you are only allowed out of your own Country for 6 months and if staying in Singapore without leaving, will mean you are resident under the taxation laws if working abroad, if i'm not wrong! So much depends on what you are actually doing on a social visit pass. If staying here longer than the legal 6 months or 183 days I think.
Working freelance outside the country the money earned may well be tax free for some, although do not take my word for it, because some Countries like the USA have a double taxation, maybe SE or SMS know more about it, if you need to PM them. But I am quite sure that Singapore is wanting rich people/talented people to move here, with the carrot being no tax, if your income is earned outside the Country.