SRS

Supplementary Retirement Scheme (SRS) For Foreigners

The Supplementary Retirement Scheme (SRS) in Singapore is a voluntary savings program designed to encourage individuals, including foreigners working in Singapore, to save for retirement. SRS allows participants to contribute a portion of their income into a special SRS account, which is eligible for tax benefits. Funds in the SRS account can be invested in…

Society

5 Ways to Easily Integrate into Singapore Society

In the Immigration and Checkpoints Authority’s assessment of any application for permanent residency, integration is a crucial criterion. Integration is a process that allows for a mutual engagement in social, cultural, political and economic life between new migrants and the existing Singapore society. It also helps to foster harmony at the local and national levels.…