smoulder wrote: ↑Wed, 15 Dec 2021 8:13 pm
Investments wouldn't be derived from an employer so that's alright. Wouldn't be an issue at all.
This is the exact quote:
"11.—(1) The Controller may issue a letter of consent to the holder
of any pass issued by the Controller of Immigration under the
Immigration Regulations (Cap. 133, Rg 1) (referred to in this
regulation as an immigration pass) to allow him to engage in any form
of paid employment, or in any business, profession or occupation in
Singapore for a duration corresponding to the validity of his
immigration pass.
(2) Every letter of consent issued to a foreigner shall during the
validity of the letter of consent be subject to the condition that the
foreigner shall —
(a) engage only in the trade, occupation or type of
employment or a vocation, profession or any activity
specified in the letter of consent (unless sub-paragraph (b)
applies); and
(b) obtain the prior consent of the Controller before engaging
in any trade, occupation or type of employment or a
vocation, profession or any activity not specified in the
letter of consent.
(3) Every letter of consent issued to a foreigner shall be subject to
the condition that the foreigner shall, within 7 days after —
(a) the termination or completion (without renewal) of the
employment which is the subject of the letter of consent; or
(b) the cancellation or expiry without renewal of the
foreigner’s immigration pass,
inform the Controller of such termination or completion of
employment, or such cancellation or expiry of the immigration
pass, as the case may be."
2b above suggests that even 'trade' not listed in the LOC can't be undertaken. Would investments be classed as trade?