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Coffeeshop Chit Chat - PAP: Buy Sentosa Cove, get citizenship!</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>Lola (Langusta) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>4:23 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>19224.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>
PAP is selling Singapore away by the square feet. What ARE you defending? Serve NS to protect foreign trash PARASITES who come here to steal our jobs, and help protect wealthy foreigners' expensive houses? http://groups.yahoo.com/group/Sg_Review/message/5994
Subscribe to Sg_Review yahoo group RSS feed: http://rss.groups.yahoo.com/group/Sg_Review/rss
17 Aug 2009
To: PM Lee Hsien Loong
To: MAS Chairman - Attn: SM Goh Chok Tong
cc: various
A website purportedly claims that the government has a MAS immigration scheme where an investor may qualify for PR via an investment scheme which includes the purchase of a "Sentosa Cove bungalow on Sentosa Island" (see link below).
If true, why must these investors be restricted to these Sentosa Cove bungalows?
Who benefits from such "enforced" demand of these bungalows? Correct me if I am wrong, but I believe many owners and developers (eg Ho Bee?) of such bungalows will stand to benefit if such "hotly demanded" properties are highly sought after by the rich and famous seeking PRs in Singapore.
Who are these bungalow owners? Are there ministers and their spouses/relatives, top civil servants and their spouses/relatives, seniors executives of TLCs?GLCs/stat boards and their spouses/relatives, etc.. owning these bungalows?
If so, why should such a government policy (if true) enrich these government officials and developers?
Rgds
===========================================================
http://www.bignews.biz/?id=810201&keys=Migration-emmigration-immigration-Residence
The Singapore government and the Monetary Authority of Singapore (MAS), in their quest to boost Singapore’s status as a centre for private banking and wealth management, set up a new investment scheme to get Singapore Permanent Residence. This scheme, the Financial Investor Scheme (FIS), is our third route for Singapore migration.
There are two types of financial commitments under the FIS for Singapore Permanent Residence.
• Option A: requires the applicant to place in Singapore at least SGD 5 million of financial assets with a financial institution regulated by the MAS.
• Option B: requires the applicant to hold at least SGD 3 million of assets and a Sentosa Cove bungalow on Sentosa Island.
Who is eligible?
An applicant should place in Singapore at least S$5 million worth of assets which is to be booked and managed by a financial institution that is regulated by the MAS. The assets should comprise of a financial asset of not less than S$ 3 million and amount which is not more than S$2 million in properties.
A financial asset can be any of the following:
(a) bank deposits;
(b) capital market products;
(c) collective investment schemes;
(d) premiums paid in respect of life insurance policies; and
(e) other investment products.
The eligible Singapore property is subject to foreign ownership restrictions under the Residential Properties Act. Only newly acquired property purchased within 6 months from the formal submission of the application can be included.
Applicants may include their immediate family members (spouse and unmarried children below 21 years old).
After residing as a PR in Singapore for 2 years, you may be eligible to apply for citizenship.
For more information, please visit http://www.rikvin.com
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PAP is selling Singapore away by the square feet. What ARE you defending? Serve NS to protect foreign trash PARASITES who come here to steal our jobs, and help protect wealthy foreigners' expensive houses? http://groups.yahoo.com/group/Sg_Review/message/5994
Subscribe to Sg_Review yahoo group RSS feed: http://rss.groups.yahoo.com/group/Sg_Review/rss
17 Aug 2009
To: PM Lee Hsien Loong
To: MAS Chairman - Attn: SM Goh Chok Tong
cc: various
A website purportedly claims that the government has a MAS immigration scheme where an investor may qualify for PR via an investment scheme which includes the purchase of a "Sentosa Cove bungalow on Sentosa Island" (see link below).
If true, why must these investors be restricted to these Sentosa Cove bungalows?
Who benefits from such "enforced" demand of these bungalows? Correct me if I am wrong, but I believe many owners and developers (eg Ho Bee?) of such bungalows will stand to benefit if such "hotly demanded" properties are highly sought after by the rich and famous seeking PRs in Singapore.
Who are these bungalow owners? Are there ministers and their spouses/relatives, top civil servants and their spouses/relatives, seniors executives of TLCs?GLCs/stat boards and their spouses/relatives, etc.. owning these bungalows?
If so, why should such a government policy (if true) enrich these government officials and developers?
Rgds
===========================================================
http://www.bignews.biz/?id=810201&keys=Migration-emmigration-immigration-Residence
The Singapore government and the Monetary Authority of Singapore (MAS), in their quest to boost Singapore’s status as a centre for private banking and wealth management, set up a new investment scheme to get Singapore Permanent Residence. This scheme, the Financial Investor Scheme (FIS), is our third route for Singapore migration.
There are two types of financial commitments under the FIS for Singapore Permanent Residence.
• Option A: requires the applicant to place in Singapore at least SGD 5 million of financial assets with a financial institution regulated by the MAS.
• Option B: requires the applicant to hold at least SGD 3 million of assets and a Sentosa Cove bungalow on Sentosa Island.
Who is eligible?
An applicant should place in Singapore at least S$5 million worth of assets which is to be booked and managed by a financial institution that is regulated by the MAS. The assets should comprise of a financial asset of not less than S$ 3 million and amount which is not more than S$2 million in properties.
A financial asset can be any of the following:
(a) bank deposits;
(b) capital market products;
(c) collective investment schemes;
(d) premiums paid in respect of life insurance policies; and
(e) other investment products.
The eligible Singapore property is subject to foreign ownership restrictions under the Residential Properties Act. Only newly acquired property purchased within 6 months from the formal submission of the application can be included.
Applicants may include their immediate family members (spouse and unmarried children below 21 years old).
After residing as a PR in Singapore for 2 years, you may be eligible to apply for citizenship.
For more information, please visit http://www.rikvin.com
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