The global passport ranking is out! Singapore ranks second
The 2021 passport ranking is calculated by the Henley Passport Index (Henley Passport Index), which is based on thematic data from the International Air Transport Association (IATA), which analyzes the number of regions where passport holders can enter visa-free or visa-on-arrival.
The passport index ranking not only depends on the country's comprehensive strength, regional security issues, etc., but also refers to the country's diplomatic relations with other regions, reciprocal visa policies and many other factors.
Dr. Christian H. Kalin, partner at The Henley Group, which compiled the index, said: "Just a year ago, all indications were that global mobility would continue to rise, freedom to travel would increase, and people with strong passports would be more likely than ever before. enjoy more access rights.
As travel restrictions begin to be lifted, the updated passport ranking also reminds people that in a world where the epidemic is raging, having an extra overseas passport further reflects the importance of overseas identity planning.
In the current economic environment, I believe that more investors will consider choosing a multi-currency and diversified investment portfolio. In today's economic globalization, facing a sudden crisis, the necessity of identity investment is even more prominent.
There are three ways to get the second-ranked Singapore passport in the world:
1. Apply for a Singapore PR (green card) first. After two years of getting the PR, you can apply for a change of nationality. If approved, you can go to get a Singapore passport
2. Locals born and bred in Singapore can directly apply for a Singapore passport.
3. Immigrants with permanent resident status in Singapore can also hold a Singapore passport after naturalization.
As a super-powerful passport, the Singaporean passport leads the way in addition to visa-free and visa-on-arrival regions, which is convenient for everyone to start traveling as soon as they say it, so what other functions does the passport have?
visa-free
For those who love to travel, one of the most attractive benefits is the visa exemption. Obtaining a Singapore passport allows you to travel freely in more than 150 regions including the United States, Canada, Japan and the European Union.
Visa-free within 15 days after returning to China. In many regions in Europe and the United States, it takes at least two or three days to apply for a visa when returning to China.
A Singapore passport can realize the desire to leave as soon as you say it.
Buyer's Allowance
1. Singapore citizens can receive a government subsidy of up to SGD 60,000 when they first purchase a new HDB flat or resell HDB flats.
2. When Singapore citizens purchase their first property, they do not need to pay additional stamp duty for buyers.
3. Singapore citizens only need to pay an additional 7% stamp duty when purchasing a second set of properties, and only need to pay an additional 10% stamp duty when purchasing a third set or above.
low tax rate
Having a Singapore passport means that you can enjoy the low tax policy that Singapore citizens only have. Singapore implements a progressive tax rate system and is recognized as one of the lowest tax rates in the world. The personal income tax rate remains between 0-22%, after deducting personal income tax deductions. At the same time, the personal income tax threshold is: annual income of 20,000 SGD. If it does not reach SGD 20,000, there is no need to pay taxes, but it is reasonable to report taxes.
Moreover, overseas income does not need to be declared and taxed, and there is no inheritance tax. Free bilateral trade with the US without tariffs. It can be said to be very convenient!
education system
Singapore's education system is well-known all over the world. In order to cultivate talents, the Singapore government has also "spent a lot of money". Singapore citizens provide high subsidies from kindergarten to university!
1. Kindergarten stage: The tuition fees paid by citizens are cheaper than that of permanent residents, and they can also enjoy childcare subsidies when they study in locally registered childcare centers.
2. Primary school stage: Citizens go to government primary schools for free.
3. Secondary school tuition: Citizens pay SGD 5 per semester, and there has been no increase.
4. University Tuition Fees: Tuition fees charged by local public universities vary according to nationality.
National University of Singapore: For freshmen enrolled in the 2016/2017 academic year, Singapore permanent resident PRs pay at least S$3,000 more tuition fees than citizens every year, and the gap in medical school tuition fees is more than S$10,000.
The unique educational environment that combines Chinese and Western elements allows children to directly apply to world-renowned universities based on their grades from international schools.
medical service
Singapore has repeatedly been rated as the world's most competitive medical infrastructure in Asia and the fourth in the world. Its medical system ranks first in Asia and sixth in the world!
1. Outpatient fees: Citizens enjoy about twice the cost of permanent residence PR.
2. Children's immunization vaccines: Singapore citizen children can enjoy more government subsidies when they are injected with certain vaccines, and some are even free.
3. Subsidy for specialist clinics: Singapore citizens enjoy a 50% government subsidy for seeing a doctor in a specialist clinic, and 30% for permanent residents.
4. Hospitalization allowance: Singapore citizens living in Class C wards (wards with 6 to 9 people) enjoy a government subsidy of up to 80%; Singapore citizens living in Class B wards (wards with 5 to 6 people) enjoy 65% of the subsidy.
5. Surgery subsidy: Singapore citizens enjoy 65% government subsidy.
maternity benefits
1. Cash rewards (Cash Gift). Every eligible Singaporean newborn can apply for the award after completing birth registration. The first and second child can each receive SGD 8,000 in cash, and the third and subsequent children can each receive SGD 10,000 in cash.
2. Child Development Account (CDA). CDA is a special savings account for children. After parents apply for baby bonus for their newborn, the bank will automatically open the account and send the savings card to the door. The funds in CDA cannot be withdrawn at will, and can only be used for designated purposes such as children's education and medical care.
After the account is opened, you will automatically receive a deposit of 3,000 SGD from the government, and then the amount deposited by the parents will receive a one-to-one savings subsidy from the government. For the first and second child, each child can receive up to S$6,000 in CDA Benefits; the third and fourth child can each receive up to S$12,000 in CDA Benefits; the fifth and above children can receive up to CDA Benefits of S$18,000.
At the same time, every newborn in Singapore will automatically receive medical benefits such as life insurance and a 4,000 SGD health savings allowance from the day of birth.
That is to say, the above-mentioned cash subsidies and savings subsidies add up to give birth to a child, and you can get at least 21,000 Singapore dollars in direct subsidies.
In addition, if the child enters the nursery, he also enjoys a series of subsidies. After the government subsidy, the fee for some children to enter the nursery is as low as SGD 6 per month.
Enjoy advanced government resources
1. Water and electricity subsidies: Singapore citizens can enjoy the government's water and electricity subsidies. The larger the house, the smaller the subsidy.
2. Financial assistance programs are usually only available to Singapore citizens.
3. Scholarships issued by certain government agencies or private institutions are only for Singapore citizens, especially grants.
Singapore's high-value scholarships - Presidential Scholarships are only awarded to Singapore citizens.
4. Singapore citizens do not need to pay any fees when applying for local National Library membership.
Singapore used to be one of the "Four Tigers of the Asian Economy", and was even known as the "Garden City". Its good economy and beautiful environment have gradually formed Singapore's social welfare. Nowadays, more and more people are optimistic about Singapore's education and social welfare, and continue to apply for Singapore immigration. One of the reasons why it is so attractive to settle in Singapore is the convenience of life, especially the housing, transportation and governance system. Over the years, Singapore has achieved excellence in many fields and has received numerous inspiring international honors as a result.
From the statistical data, the destination of Chinese people's choice of immigration has gradually shifted from Europe and the United States to Asia. Singapore is one of the most popular immigration destinations. The number of people applying for Singapore permanent residence and passports is increasing year by year. In general, if you want to get a Singapore passport, you generally need to hold a permanent resident status first, and you can apply for naturalization and get a passport after two years. At present, it is not easy to obtain permanent residence PR in Singapore.
The update conditions and requirements for 2021 can continue to follow our official account or add the following picture to WeChat to consult online professional consultants.