News & Articles

Singapore Population Trends 2018 - Insights from Immigration Specialists

 

The Singapore Department of Statistics have recently released their Population in Brief (PIB) 2018 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 2018. 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 

2) The PR population remained relatively stable with a slight decrease in the total number of PRs in Singapore in the last year

3) 22,076 Singapore Citizens (SCs) and 31,849 PRs were granted in the last year

4) The majority of our PRs are in the prime working ages of 25-49 years 


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

Singapore - A hotbed for Innovation

 

As we move into the final quarter for 2018, we have seen increased focus from various government bodies and media up-playing Singapore as an integral place for Innovation & Technology.

Straits Times Article - Singapore needs foreign tech talent: Ong Ye Kung - 21 September 2018

Straits Times Article - Singapore ranked second-best Asian city for tech firms: Report - 20 September 2018

 

In another insightful article, EDB highlights Singapore as the center for Artificial Intelligence and other R&D innovations. According to the Global Innovation Index, Singapore was ranked #1 in Asia and #7 globally among the world's most innovative countries of 2017.

Both global corporate giants and local start-ups thrive in Singapore where R&D is concerned (particularly in technology and biomedical science).

Quote: "An inviting business climate and a talented workforce are attracting technology companies to Singapore". 

In another quote, "The nation will maintain little restriction on foreign labour for high-end jobs such as in artificial intelligence, while keeping a quota system for lower-skilled industries including construction"

Would this perhaps indicate increasing opportunities for Singapore PR / Citizenship applicants employed in this sector?

Higher Approval Rates for Singapore Permanent Residence Applicants from Technology Sectors?

 

In recent years, the Singapore government has been initiating policies to encourage the growth of certain key industries. This shifting trend in governmental approaches to local business development can be dated back to the 1990s and early 2000s, where the government encourages the building of a “knowledge-based economy”, with a focus on innovations in technology as well as research and development in other sectors.

Singapore Industry Initiatives for e-Commerce

 

It is no secret that Singapore prides itself on being a global eCommerce hub. As the nation continue to make leaps into investing in the right infrastructure and embracing technology, there is a critical need in having the right people for the job. By and large, over the last year, we have monitored closely and seen a growing number of IT & Finance professionals working here and have helped many secure a permanent future in Singapore as Permanent Residents or new Citizens. We have also assisted several companies in this industry to set up shop in Singapore.

Akin to applying for a job, as a hopeful Singapore Permanent Resident / Citizenship applicant,from the Technology sector,you will need to prime yourself to be a strong candidate for approval. So what does it take to be fully considered as a Permanent Resident / Citizen here in Singapore? Or as corporation or business-owner, how do we set-up a base here to have a share of the pie?

Singapore flexes its standing as Asia’s technology capital

 

In an article published in March 2018 by the Economic Development Board of Singapore, the write shared how Singapore checks all the boxes for 'next hotbed of innovation'.

According to a 2017 study, Singapore ranks as the most popular place in the world to launch a new business, with a line of seasoned global tech giants and start-ups with bright revolutionary ideas already taking advantage of the talent pool, infrastructure, security and relative ease in which to commence business operations in Singapore. 

What does this mean for Singapore PR and Citizenship applicants?

Multinationals rush to create innovation outposts in Singapore

 

In an article recently published by the Economic Development Board of Singapore, Principal at Mercer Singapore, Rahul Mudgal shares why Singapore stands out as the region's innovation hub.

At IASG, we believe we set ourselves apart from competitors because we keep ourselves relevant with the nation's policies and economic interests. In assisting clients to front a strong application, it is imperative that staff at IASG keeps themselves updated on trends and policies that can elevate or have a direct impact on application approval chances.

Contact us for a FREE consultation!
Or call us at:
+65 6493 1830

Latest Post

Company Info

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

Mondays to Fridays, 9am to 9pm
Saturdays, Prior arrangements necessary

Latest Post

Facebook