Singapore Expats Forum

Relocate to Singapore as `self-employed`

Moving to Singapore? Ask our regular expats in Singapore questions on relocation and their experience here. Ask about banking, employment pass, insurance, visa, work permit, citizenship or immigration issues.

Sponsored by:
Image
The Club Residences

samdi
Newbie
Newbie
Posts: 2
Joined: Fri, 13 Jul 2007

Relocate to Singapore as `self-employed`

Postby samdi » Sun, 08 Nov 2009 7:33 pm

Hello Everyone,

I hope you are well. May I seek your attention to one of my questions.

I intend to start my consulting and advisory practice within a year from now. Although I have heard a lot about Singapore government (and local laws) being super-friendly towards entrepreneurs, I am wondering if it is possible for someone (like me) to launch my practice in Singapore and get self-employed at the same time. I have never been employed in Singapore before although I have visited this paradise several times. Has anyone succeeded in relocating to Singapore as `self-employed`while stationed overseas ? If so, would you please share your pains (and gains) with me ?
Merci and God Bless.

Regards,
SBJ (lived and breathed for 15+ yrs in ill-famed`Wall-street` world, MBA grad from an European Ivy League b-school)

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35441
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Sun, 08 Nov 2009 8:26 pm

Do a search for the word entrepass. Unless you are prepared to cough up 50K up front it isn't gonna happen. Regardless of how many MBA's you have. You can, however apply for an EPEC or a PEP which will get you here and allow you to look for a job. But, for selfemployment, you still need to set up a business that will employee singaporeans, otherwise, nope, not gonna happen.

samdi
Newbie
Newbie
Posts: 2
Joined: Fri, 13 Jul 2007

Postby samdi » Sun, 08 Nov 2009 9:03 pm

Dear sundaymorningstaple,

Thank you for quick and detailed response. I guess, it won`t hurt to wait and receive responses from other friends at singaporeexpatsforum. Thanks anyway. :)

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35441
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Sun, 08 Nov 2009 11:07 pm

So, you didn't bother to use the search function, yeah? Had you done so, you wouldn't have replied as such. :roll:

User avatar
econoMIC
Chatter
Chatter
Posts: 298
Joined: Fri, 25 Sep 2009
Location: London/Singapore (back for good 29 Jul 2010)

Postby econoMIC » Mon, 09 Nov 2009 4:29 pm

samdi wrote:Dear sundaymorningstaple,

Thank you for quick and detailed response. I guess, it won`t hurt to wait and receive responses from other friends at singaporeexpatsforum. Thanks anyway. :)


SMS is right all the way. Nothing anyone of us has to add apart from this: he told you to use the search function. This has been discussed a nauseating number of times and we have many personal experiences in the forum. You fault if you do not use this.
a.k.a. littlegreenman

User avatar
Strong Eagle
Moderator
Moderator
Posts: 11300
Joined: Sat, 10 Jul 2004
Location: Off The Red Dot
Contact:

Postby Strong Eagle » Mon, 09 Nov 2009 10:25 pm

samdi wrote:Dear sundaymorningstaple,

Thank you for quick and detailed response. I guess, it won`t hurt to wait and receive responses from other friends at singaporeexpatsforum. Thanks anyway. :)


OK... you want detailed response?

Got S$50,000? Yes - good. No - sorry, end of game.

Able to hire 4 Singaporeans and demonstrate S$250,000 in expenses (not including your salary)? Yes - good. No - sorry, end of game.

What the hell, man! Search 'Entrepass'. Has your time in a "European Ivy League b-school" given you no common sense?


  • Similar Topics
    Replies
    Views
    Last post

Return to “Relocating, Moving to Singapore”

Who is online

Users browsing this forum: No registered users and 3 guests