Singapore has become one of the most sought-after destinations for high-net-worth individuals looking to relocate their families and wealth.
With its stable political climate, strong economy, excellent quality of life, and attractive tax policies, it’s no wonder Singapore is a top choice among wealthy expats.
However, obtaining Singapore citizenship is not a straightforward process and requires careful planning and a significant investment of time and resources.
Getting a Singapore passport is still possible through permanent residence and giving up your previous nationality though.
And for the right person, becoming Singaporean may be worth it. It’s consistently ranked one of the top passports in the world, and currently, gives visa-free access to a greater number of countries than any other travel document.
The Path to Singapore Citizenship
For most foreigners, the journey to Singapore citizenship begins with obtaining permanent residence (PR) status.
To be eligible for citizenship, you must have held PR status for at least two years....