"Obtaining permanent residence (in SG) is a snap" says Soverignman

In an article about the four most valuable passports that anyone can obtain, Simon Black of the Soverignman put Singapore as one of the four and a country where obtaining permanent residence is a snap, though there is that National Service catch.

Wrote Simon Black,

SINGAPORE. Easily the most valuable travel document on the planet, a Singaporean can travel almost anywhere without a visa, including to the US and Europe. It takes two years of residence after obtaining permanent residency to qualify for naturalization. And obtaining permanent residence is a snap– you can simply set up a local company to qualify.

Pitfalls: Singapore does have mandatory national service, and it’s important to review the rules to find out whether you would fall within the window.

Simon Black also describe having a second citizenship like having a a ‘get out of jail free’ card.

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