Singapore Citizenship for Indians
Singapore Citizenship for Indians
Singapore is popular for its rich culture, vibrant atmosphere and warm hospitality. These key features make it a top choice for people who want to move abroad. With its unique way of life and abundant education and work opportunities, Singapore is an iconic international destination for Indians.
From high-end technologies to scenic skylines, it has everything you need to make it a top place for relocation. The scope of personal advancement and vast work opportunities in different industry verticals encourage Indian working professionals and students in Singapore to get PR and later to convert their Singapore PR to citizenship to enjoy a better standard of life.
In this blog, we will discuss necessary Singapore citizenship requirements for Indians, a list of rules and regulations, and Singapore citizenship eligibility to help you with the same.
Common Eligibility Criteria for Singapore Citizenship for Indians
You are 21 years or above.
You have a student visa or a work permit called employment pass with a PR of at least 2 years.
You have invested in Singaporean companies or businesses.
One or both of your parents are Singapore citizens.
Your spouse holds Singapore citizenship, and you have PR for at least 2 years and have been married for 2 years.
Ways to Apply for Singapore Citizenship
According to statistics, Singapore gives out 15,000 to 25,000 citizenships yearly to promote a positive and diverse community with inclusivity.
To obtain Singapore citizenship, you can apply via various methods, all revolving around different criteria and requirements. The two most common ways, other than student and employment statuses, to apply for Singapore citizenship for Indian nationals include:
Singapore Citizenship by Investment
Singapore Citizenship by Marriage
Singapore Citizenship by Investment
One way of obtaining Singapore citizenship for Indians is by investment. Indians can apply for residency through the Singapore Global Investor Program. The main purpose of this program is to increase investment opportunities to increase the well-being of the community and lifestyle in Singapore.
Eligibility Criteria for Citizenship by Investment
You need to be a well-established business owner or entrepreneur.
An annual turnover of the business of at least SGD 200 million.
Either hold 30% shares of the corporation or be a part of the corporation management team.
The investment value should be a minimum of SGD 2,500,000 to be eligible OR
An investment worth SGD 2.5 million for a new business or towards the expansion of an existing business OR
SGD 2.5 million in a Global Investor Program-Select Fund for further investments in Singapore businesses OR
Start a new business office of your business in Singapore with an asset value of SGD 200 million
2 years of permanent residency
How To Apply for Global Investor Program
Applicants must submit the application form for the Global Investor Program via post and online to the Singapore Economic Development Board.
You need to appear then for the immigration interview to discuss the investment plans, business turnover, experience as a business owner, investment options, etc.
If no further supporting documents are required, and the assessment is passed, the applicant will receive an Approval-in Principle residence permit with a validity of 6 months.
For the validity of the residency of 6 months from the date of the AIP letter, the applicant must meet all the necessary investment conditions for the chosen investment option.
The applicant must fulfil the investment requirements and provide valid evidence like bank statements, legal documents, and share certificate copies to submit to the authorities as an Investment Undertaking per the investment option.
Upon verification of the said documents submitted as investment proof by EDB, the ICA will send the Final Letter of Approval for PR.
After 2 years of PR, you can apply for a 3 or 5-year renewal, and based on your investments towards Singapore’s economy, the government will decide on your eligibility for citizenship.
Singapore Citizenship by Marriage
Another way of obtaining Singapore citizenship for Indians is to marry someone with the citizenship.
Eligibility Criteria for Citizenship by Marriage
You must be married to a spouse of Singapore nationality or citizenship
Have a PR for a minimum of 2 years
Have been married for at least 2 years
Should be above 21 years of age at the time of application
Have a valid marriage certificate
How to Apply for Singapore Citizenship by Marriage
For Singapore citizenship for a spouse, the applicant’s spouse needs to apply on their behalf. The process includes:
Log into the MyICA profile using the Singpass portal.
Under e-services, click Singapore Citizenship and select “Apply for Singapore Citizenship.”
Choose Singapore Citizenship and click on “Becoming a Singapore Citizen.”
Add all the necessary information for the application form and attach all the required documents.
Complete the payment using the available payment methods and collect the payment receipt.
Provide your Singapore Identity Card Number for spouses, aged parents, or children below 21.
Ensure you provide accurate information and have all the required documents ready as per eligibility requirements.
The Need for the Right Travel Insurance Plan
Along with the importance of the right documents and knowledge to obtain Singapore citizenship, safeguarding all your trips to Singapore to qualify for citizenship is also crucial.
You can do so with the help of a travel insurance policy. For Indian nationals, having the right international travel insurance is necessary to travel stress-free with the proper backing of a financial assistance tool. The time taken for the entire process of obtaining citizenship can go up to 12 months, so planning other things is necessary.
With a travel insurance policy, you can protect your trip from flight cancellations due to airline difficulties, loss or damage of baggage, loss of personal documents, medical emergencies during the trip, and much more.
Conclusion
Obtaining Singapore citizenship can be highly beneficial due to its expansive offerings of benefits and taxation relief within the country. With its high standards of life and numerous growth opportunities, Singapore is an excellent destination for everyone.
The important thing to remember is to follow all Singapore citizenship rules and comply with and submit all the necessary Singapore citizenship documents.
Whether you plan to travel as a student, a working professional or for a family trip, choosing the right travel insurance is easy with Tata AIG. We offer a range of plans to cater to the specific needs of every individual, ensuring everyone travels easily.
The best part about buying a travel insurance policy is the ease of comparing different plans and the effectiveness of our travel insurance claim process. We take pride in safeguarding your travel plans with quick and easy claim solutions for reduced financial burden.
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.