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Singapore Population Trends 2019 - Insights from Immigration Specialists

 

The Singapore Department of Statistics have recently released their Population in Brief (PIB) 2019 Report with fresh data on Singapore’s population. It provides key updates and trends on Singapore’s population, particularly in relation to citizenship marriages, births and Immigration.

As Immigration Specialists who meet hopeful Singapore PR and Citizenship applicants daily, our industry insights has once again proved vital in assisting many of our clients attain approval for the year 2019. As we deep dive into the data presented in these reports we would like to bring focus on the following findings :

 

1) Singapore's Citizen Population continues to age. In tandem, our resident old-age support ratio stands higher. The citizen population grew by 0.8%, to reach 3.50 million citizens as of Jun 2019. The citizen population continues to age, with 16.0% aged 65 and above compared with 15.2% last year. 

2) The PR population remained relatively stable with an increase in the total number of PRs in Singapore from 522,300 to 525,300. The non-resident population grew by 2.0%, to reach 1.68 million as of Jun 2019. This was mainly attributed to foreign employment growth due to sustained growth in Services and the turnaround in Construction.

3) 22,550 Singapore Citizens (SCs) and 32,710 PRs were granted between June 2018 - June 2019 (an increase from the year before)

4) The majority of our new PRs granted are in the prime working ages of 21-40 years 

5) Southeast Asian and Other Asian Countries makes up 93% of total quote allocation


How does one then take advantage of increasing opportunities for their Singapore PR / Citizenship application to be given strong consideration for Approvals? 

Commentary - Increased Immigration Interest amongst Hong Kongers

 

A hundred days of protests (and counting) in Hong Kong has pummeled and bruised its economy, causing a surge in migration applications from locals within the Special Administrative Region (SAR). Closer to home, Immigration@SG LLP has recorded about 20%-25% increase in immigration inquiries of all forms. This include possible Employment switch, as well as Singapore Permanent Residency. Additionally, we have also entertained interests from several business owners on business relocation and bringing investments into Singapore.

In a recent interview with Thomson Reuters, our views on the matter were also shared on several news outlets such as Channel News Asia (CNA), Japan News, and Daily Mail UK.

Commentary - Pilot programme to facilitate access to talent and support growth of Singapore's technology ecosystem

 

The Economic Development Board (EDB) and Enterprise Singapore laid out plans to pilot Tech@SG, a targeted programme to help grow technology companies in Singapore and expand regionally.

The sectors in focus includes those in digital, medtech, biotech, cleantech, agritech and fintech where professionals equipped with skills in frontier technology, such as Data Science, Artificial Intelligence, Cybersecurity and Internet of Things will be in high demand.

In lieu of of such specific talent requirements, how does this affect the Singapore PR and Citizenship application landscape?

Commentary - Don't consider only salary when granting PR status

 

In a forum letter posting in the Straits Times, a foreigner-Singaporean couple expressed their frustrations over the elusive nature of securing a Long-Term Visit Pass and/or a Singapore Permanent Residence over multiple attempts.

They further cited that they hope for the authorities, the Immigration & Checkpoints Authority of Singapore (ICA) to consider various other factors on top of monthly salary and income. Like them, many of the clients we meet on a daily basis unfortunately also have this 'false understanding' of actual evaluation criteria.

Singapore PR Application Approvals - Mid-2019 Stocktaking

 

We have come to the midpoint of 2019 and looking back, the first 6 months of the year has been eventful for IASG and our clients. As at end June, we have seen a record number of PR and Citizenship approvals in the firm compared to the year before, with a large portion of approvals coming from our Indian clients as well.

This came as a surprise, considering the highly competitive quotas available for Indian applicants. We also note that there have been increased approvals for applicants with certain specific skill-sets from the few industry and sectors mapped for growth and talent development. They include, but not limited to applicants from the Information Technology, Banking & Finance, as well as Engineering industries to name a  few.

While the Singapore Government reviews all cases holistically, we can also attribute the success we bring for our clients down to a few key factors:

1) We put considerable time understanding each of our customer profile

2) We invest emphatically on research in relation to understanding Singapore's short, middle, and long term economic and talent requirement - which is detrimental to strategizing each application

 

How to Evaluate Your Chances of Getting PR in Singapore?

 

 

Step 1 – Understand Annual Quotas and Selective Immigration Policy

With approximately 30,000 quotas annually set aside for new Singapore Permanent Residences, the Singapore Government adopts highly stringent yet strategic sets of parameters in evaluating potential candidates for approval.

These parameters are reviewed holistically and there is no single parameter that is more important than another – contrary to popular belief that the Singapore Government only evaluates applicants based on their income ceiling.

Singapore’s Selective Immigration policy is built on a firm notion that views immigrants not only as a booster for the local workforce but also as a solution to address our rapidly ageing population. While the government has put in place policies aimed at increasing our birth rates, at present, Singapore remains open to controlled immigration in order to fill the population gaps, as documented in the Population White Paper.

Singapore : Celebrating Progress Through Diversity

 

 

With the euphoria of Singapore's recent bicentennial commemorative S$20 note dying down, we can take a step back and reflect on the luminaries who made modern Singapore what it is today.  These individuals displayed resolute strength and grit to carve out a better life for themselves and their families. Interestingly, they all had one thing in common - all were immigrants.

Be it for commerce or cultural exchanges, Singapore's geographic locality and safe harbour has contributed much to her growth. Throughout time, Singapore has always been the port of call in the region. Today, it still is. 

As of June 2018, close to 40% of residents in Singapore are foreigners. With a country that does not have natural resources, Singapore has to look to human capital to propel its economic engine forward - and that is exactly what the Selective Immigration policy is set out to do - to get the right profiles of candidates in via Permanent Residence or Citizenship.

Singapore : Rethinking Immigration

 

 

We are at the mid-point of 2019 and one of the top client concerns we face as an inbound-Singapore immigration firm is whether the Singapore Government has slowed down or perhaps ceased issuing Singapore PR / Citizenship approvals.

Having heard many negative news from their peers and friends, we could not blame them.

 

What we can learn from Britain, U.S and Japan
As Immigration professionals, we infer to lessons which enforces what the Singapore government has planned well in advance.

The post-brexit vote from 2016 caused a sudden and forced reduction in Britain’s migrant worker numbers – becoming a cause for concern. The International Monetary Fund (IMF) then concluded in a report that advanced economies such as Britain, the US and Japan may risk being overwhelmed by their ageing populations, should they not be flexible to immigration.

With a low birth rate thrown into the mix, it is no different for Singapore. How then would this impact existing Singapore PR / Citizenship applicants?

 

 

Singapore : World’s Most Competitive Economy

 

 

[COMMENTARY]

Singapore mark's its return to the top spot for Global Economic Competitiveness since 2010.  In this yearly rankings of 63 economies by Swiss-based research group IMD World Competitiveness Centre, Singapore's strength lies in its implementation of efficient and advanced technological infrastructure, the availability of skilled labour, favourable immigration laws and efficient ways to set up new businesses.

Singapore's economic & business performance as well as government efficiency has been key in attracting businesses to set up shop here. Corporates, regardless of size take advantage of the infrastructure and policies to expand their foothold in Asia, and possibly the rest of the world, while at the same time attracting the best of talent to ensure sustained competitiveness and business growth.

Coupled with favourable immigration laws, it is of  no wonder that Singapore has leapfrogged to become one of the most attractive economies to attract human capital.  With a firm plan to ensure there is sufficient manpower to sustain the economy for the long term - hopeful Singapore PR and Citizenship applicants with the right credentials can look to heightened chances of attaining approvals, if their application is strategised the right way.

Social Integration - One of the Key Pillars of Assessment for Singapore PR & Citizenship Applications

 

 

It is of no secret that attaining approvals for Singapore Permanent Residence and Singapore Citizenship remains highly competitive, as the Singapore government needs to carefully balance the economic requirements of the country against local and on-the-ground sentiments.

As inbound Singapore immigration consultants, it is imperative that we help our clients strategize their applications so that they can achieve the highest possibility of approval - regardless the nationality, industry, professional achievements etc.  

On top of crafting an application angle around one’s professional achievements, one of the key aspects of attaining approvals, sadly always go unnoticed, or deemed ‘unimportant’ among applicants.

Social Integration. 

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Immigration@SG LLP
1 Raffles Place
#26-02, One Raffles Place, Tower 1
Singapore 048616

General Enquiries:
+65 6493 1830

PR & Citizenship Consultation:
+65 6493 1828

Work Pass Enquiries:
+65 6493 1829

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Saturdays, Prior arrangements necessary

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