Indeed

Indeed, the issue of obtaining identity in Singapore is a headache for many. I can only say that if you only have a work visa and are self-employed in Singapore, the probability of obtaining permanent residency is very, very low. If you want to obtain identity in Singapore, you must have the assistance of an "identity planner."

Whether it's participating in community activities, making donations, or engaging in charitable events, targeted arrangements are necessary. A professional planner can register your identity as a founder or director of certain charitable activities, which can be very helpful for your identity application.

Paying taxes is very important in Singapore. To some extent, the higher the taxes paid, the greater the probability of approval. Additionally, although there are no explicit regulations, it is indeed rare for employees in the cryptocurrency sector to obtain permanent residency in the past two years. While Singapore is still quite open to cryptocurrency, it is not easy for practitioners to obtain identity.

Moreover, contributions and development in Singapore are very important beyond just taxes, especially the need to hire local Singaporean employees. Hiring employees in single digits will be very difficult.

In summary, obtaining identity in Singapore requires planning; it is not as simple as in Japan. Therefore, many have moved from Singapore to Japan to strive for Japanese identity and then return to Singapore to continue living.

This article is sponsored by #Bitget ｜ @Bitget_zh

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