Singapore Expats Forum
 

SC Approved

Relocating, travelling or planning to make Singapore home? Discuss the criterias, passes or visa that is required.
the observer
Chatter
Chatter
Posts: 278
Joined: Mon, 20 Jul 2020 11:57 am

Re: SC Approved

Post by the observer » Mon, 25 Jan 2021 10:52 pm

bmwx1 wrote:
Mon, 25 Jan 2021 7:12 pm
sundaymorningstaple wrote:
Mon, 25 Jan 2021 2:22 pm
Good credentials, salary, young children in local schools. Two years on EP to PR. Two years PR to SGC., Ethnically preferred race. Good educations, jobs. I'd say it sounds about right. I would imagine the fact that he is a HK Chinese puts him extremely close to Singaporean Chinese directly behind M'sian Chinese but definitely higher up the ladder than Indo Chinese or Full On PRCs.

It would be good if OP could clarify if the SGC was for the whole family or if the wife is already an SGC.
Hi all

My wife is not SC. She was on DP when she came. After we became PR, she managed to find a full time job. She remains employed since then.

None of us in my immediate and extended family has any tie with anyone in Singapore.

And we applied PR/SC for the whole family together. And in both cases, we get approval in our first attempt.

Cheers
A question that I have, do you own a place, or are you renting.

bmwx1
Newbie
Newbie
Posts: 5
Joined: Sun, 24 Jan 2021 4:39 pm

Re: SC Approved

Post by bmwx1 » Mon, 25 Jan 2021 10:55 pm

the observer wrote:
Mon, 25 Jan 2021 10:52 pm
bmwx1 wrote:
Mon, 25 Jan 2021 7:12 pm
sundaymorningstaple wrote:
Mon, 25 Jan 2021 2:22 pm
Good credentials, salary, young children in local schools. Two years on EP to PR. Two years PR to SGC., Ethnically preferred race. Good educations, jobs. I'd say it sounds about right. I would imagine the fact that he is a HK Chinese puts him extremely close to Singaporean Chinese directly behind M'sian Chinese but definitely higher up the ladder than Indo Chinese or Full On PRCs.

It would be good if OP could clarify if the SGC was for the whole family or if the wife is already an SGC.
Hi all

My wife is not SC. She was on DP when she came. After we became PR, she managed to find a full time job. She remains employed since then.

None of us in my immediate and extended family has any tie with anyone in Singapore.

And we applied PR/SC for the whole family together. And in both cases, we get approval in our first attempt.

Cheers
A question that I have, do you own a place, or are you renting.
After I got PR, I bought my own condo and have been living there since then.

the observer
Chatter
Chatter
Posts: 278
Joined: Mon, 20 Jul 2020 11:57 am

Re: SC Approved

Post by the observer » Mon, 25 Jan 2021 10:57 pm

Most naturalized folks I know own a place.

It answers the commitment angle that the gahmen seeks.

A cynic would think that it’s the additional duties.
Lol.

the observer
Chatter
Chatter
Posts: 278
Joined: Mon, 20 Jul 2020 11:57 am

Re: SC Approved

Post by the observer » Mon, 25 Jan 2021 10:59 pm

I think OP has the triplets

The job
The race / integration
The house / commitment

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 37774
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 1
Location: Retired on the Little Red Dot

Re: SC Approved

Post by sundaymorningstaple » Mon, 25 Jan 2021 11:59 pm

vig.srinivasan93, I think I caught your 'spirit' correctly with your using the term 'lucky' when his data set says otherwise.

smoulder
Regular
Regular
Posts: 142
Joined: Fri, 25 Dec 2015 11:05 pm

Re: SC Approved

Post by smoulder » Tue, 26 Jan 2021 12:49 pm

sundaymorningstaple wrote:
Mon, 25 Jan 2021 11:59 pm
vig.srinivasan93, I think I caught your 'spirit' correctly with your using the term 'lucky' when his data set says otherwise.
Looks like you've been catching his "spirit" for a few months now. I had some free time and read the old posts just for laughs :D

lot286
Regular
Regular
Posts: 99
Joined: Wed, 15 Jul 2015 12:56 pm

Re: SC Approved

Post by lot286 » Wed, 03 Feb 2021 11:18 am

(Bloomberg) -- The family office of Google co-founder Sergey Brin is setting up a branch in Singapore, joining the rush of uber-wealthy clans toward the Southeast Asian financial hub.
Bayshore Global Management, the California-based firm that services Brin, established an office in Singapore late last year, according to documents filed with the corporate regulator. Deputy Chief Investment Officer Marie Young was appointed as a director of the unit.
Sergey Brin
Brin is the world’s ninth richest person, with a net worth of $86.5 billion, according to the Bloomberg Billionaires Index. He is the latest tycoon to take advantage of Singapore’s low taxes, high security and generous incentives for family offices, which manage the lives and wealth of the super-rich.
Hedge fund boss Ray Dalio is opening one in the country while vacuum cleaner maker James Dyson’s Weybourne Group Ltd. is already there.
Brin co-founded search giant Google -- now a unit of Alphabet Inc. -- with Larry Page in 1998. As the company expanded globally, Singapore became a regional hub and the pair reportedly visited the city in 2016 to meet its leaders and learn about its development. While the men have stepped away from active management of the company, they still own super-voting shares giving them control.
Bayshore’s Singapore filings show its primary activity will be family office related. The office takes its name from North Bayshore -- the section of Mountain View, California where Google has its headquarters. Its Singapore unit is held through a holding company named Parachute Capital (Singapore) Pte., which also lists Young as a director.
Representatives for Alphabet and Bayshore didn’t immediately reply to requests for comment. Young didn’t reply to an email seeking comment.
The move comes as Singapore’s government seeks to attract the world’s wealthiest people to its shores. The jobs and training they offer to locals are key drivers behind tax incentives and a global investor program that gives ultra-rich individuals a pathway to permanent residence. About 200 single-family offices are estimated to be managing assets worth about $20 billion in the city as of October.
Singapore has become a relatively stable base for those looking for an Asian outpost, particularly as rival hub Hong Kong faces political tensions that could lead to an exodus of cash. Family offices in Asia have outperformed their global peers thanks to their bigger exposure to Chinese stocks and tech companies, according to UBS Group AG.

the observer
Chatter
Chatter
Posts: 278
Joined: Mon, 20 Jul 2020 11:57 am

Re: SC Approved

Post by the observer » Wed, 03 Feb 2021 10:02 pm

lot286 wrote:
Wed, 03 Feb 2021 11:18 am
(Bloomberg) -- The family office of Google co-founder Sergey Brin is setting up a branch in Singapore, joining the rush of uber-wealthy clans toward the Southeast Asian financial hub.
Bayshore Global Management, the California-based firm that services Brin, established an office in Singapore late last year, according to documents filed with the corporate regulator. Deputy Chief Investment Officer Marie Young was appointed as a director of the unit.
Sergey Brin
Brin is the world’s ninth richest person, with a net worth of $86.5 billion, according to the Bloomberg Billionaires Index. He is the latest tycoon to take advantage of Singapore’s low taxes, high security and generous incentives for family offices, which manage the lives and wealth of the super-rich.
Hedge fund boss Ray Dalio is opening one in the country while vacuum cleaner maker James Dyson’s Weybourne Group Ltd. is already there.
Brin co-founded search giant Google -- now a unit of Alphabet Inc. -- with Larry Page in 1998. As the company expanded globally, Singapore became a regional hub and the pair reportedly visited the city in 2016 to meet its leaders and learn about its development. While the men have stepped away from active management of the company, they still own super-voting shares giving them control.
Bayshore’s Singapore filings show its primary activity will be family office related. The office takes its name from North Bayshore -- the section of Mountain View, California where Google has its headquarters. Its Singapore unit is held through a holding company named Parachute Capital (Singapore) Pte., which also lists Young as a director.
Representatives for Alphabet and Bayshore didn’t immediately reply to requests for comment. Young didn’t reply to an email seeking comment.
The move comes as Singapore’s government seeks to attract the world’s wealthiest people to its shores. The jobs and training they offer to locals are key drivers behind tax incentives and a global investor program that gives ultra-rich individuals a pathway to permanent residence. About 200 single-family offices are estimated to be managing assets worth about $20 billion in the city as of October.
Singapore has become a relatively stable base for those looking for an Asian outpost, particularly as rival hub Hong Kong faces political tensions that could lead to an exodus of cash. Family offices in Asia have outperformed their global peers thanks to their bigger exposure to Chinese stocks and tech companies, according to UBS Group AG.
Not sure about the relevance of posting this article here.
Typically posters seeking advise in this forum aren’t exactly billionaire material.

As a matter of fact, l’d suspect any billionaire would be invited to apply for PR, with a form duly filled up for them. Haha

User avatar
malcontent
Chatter
Chatter
Posts: 360
Joined: Sat, 22 Dec 2007 11:52 am
Location: Pulau Ujong

Re: SC Approved

Post by malcontent » Thu, 04 Feb 2021 4:54 pm

the observer wrote:
Wed, 03 Feb 2021 10:02 pm
As a matter of fact, l’d suspect any billionaire would be invited to apply for PR, with a form duly filled up for them. Haha
Considering there are officially only around 3,000 billionaires on the planet, Singapore could easily find space to accommodate all of them. I’m sure they are welcome, if they so desired.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “PR, Citizenship, Passes & Visas for Foreigners”

Who is online

Users browsing this forum: No registered users and 1 guest