Hello everyone!
I am an Electrical Engineering degree holder with over twelve years of experience in Software field. Out of twelve years, I worked six years in USA as a Software Engineer, then returned to India and am running a Software Development / Web Development / Web Marketing company in India since last six years.
Now I am planning to immigrate to Singapore.
Reading the board and also talking to different agencies, I have been suggested that first I should register a company in Singapore (using nominee director service) and then later apply for Employment Pass for myself.
I am uncomfortable doing that, because for doing this a company will be incorporated in Singapore with a nominee director. I also have been told to start up the company with a significant (in the range of mid five figures) amount to make sure that I get Emp Pass easily. That is why I am uncomfortable to open a company under someone's name and deposit huge amount in that company and then wait and prey that my visa get approved.
The other path can be EntrePass route. But all I read is that if you have good professional qualification / experience, you should not go through this route. I also have been told that the business model of the company that I am proposing is not strong enough to get approval in first go.
So here I am. Very confused and not sure which path to follow. I will highly appreciate if you people can help me out.