Return to Singapore 1995

Chapter 332 Permanent Residents and the President of the Nanyang Rich Association

It turned out that this was an invitation letter from the Singapore Immigration Department, inviting Li Xiaofan to apply to become a PR in Singapore. PR is the abbreviation of Permanent Resident in English, which means "permanent resident" in Chinese, similar to the green card of other countries.

There are many conveniences and benefits to getting a Singapore PR, and you can enjoy many rights similar to those of Singaporean citizens:

First, you can have CPF provident fund, which means you can stay in Singapore to work until you retire.

Second, you can have the right to buy a public housing unit.

Third, educational benefits. There is a very short supply of places in government primary and secondary schools in Singapore. Government schools give priority to children of citizens and PRs, and tuition fees are discounted. After graduating from high school, children can directly apply to study in universities in the United Kingdom and the United States with A-level scores, without providing IELTS or TOEFL scores.

Fourth, you can find a job at will and change jobs freely.

Fifth, after becoming a PR, you can use your PR status to help relatives and friends apply for short-term and long-term visas...

"Boss, you look so happy, why are you so happy?" Liu Mengchen asked with a smile on the sofa.

"The Singapore Immigration Department has proactively sent me an invitation letter, asking me to apply for Singapore PR!"

Guo Hanyue was surprised and said, "Wow, it's true, there is such a good thing in the world. Don't you have to apply for Singapore PR yourself?"

"Generally speaking, you do have to apply by yourself, but there are exceptions. For example, outstanding domestic students who can apply for the Singapore SM Scholarship and sign a five-year work agreement with the Singapore government will receive an invitation letter from the Singapore Immigration Department to apply for PR before graduating from the University of Singapore, hoping that they will stay and immigrate to Singapore..."

"Then, boss, you are not an outstanding student, why would the Immigration Department send you this kind of PR invitation letter?"

"Haha, you have to ask the Singapore Immigration Department about this. But I guess there is probably one reason: it is because Yahoo went public! I guess the Singapore government generally hopes to retain two types of foreign talents, one is talented, One is people like me who are currently considered to have some money..."

Liu Mengchen nodded and said, "Well, that makes sense. If I were the Singapore government, I would also keep talents like you who are both talented and wealthy!"

She continued to ask, "Boss, now that you are so rich, you have to improve your living conditions, right? Why don't you rent a big villa outside and buy a big luxury car?"

Li Xiaofan did not answer this question, but smiled and asked, "Do you know Genting Group?"

"Yes, I know, isn't it the Genting Casino in Malaysia!"

"This famous Malaysian Genting Group has assets of over 10 billion US dollars. Yesterday, the young master came to visit me at Singapore Science Park. Do you know how he and his secretary and three others got here? The three of them took the MRT, and there was no bodyguard around them!"

"Oh, such a rich man, he is so stingy!" Liu Mengchen said disdainfully.

"This is called being low-key. There is an old Chinese saying: People are afraid of being famous, and pigs are afraid of being fat! I don't want to move out for the time being. I'm used to living here with you two, and it feels good..."

The next morning, Diana Yang, President of the Singapore Small and Medium Enterprises Association, accompanied by Vice President Jiang Changsheng of the Singapore Chinese Chamber of Commerce, came to visit Li Xiaofan.

Vice President Jiang Changsheng is from Chaoshan and is the owner of Wuhu Company, the largest rice, sugar and other grain and oil food trader in Singapore. The company has also invested in many real estate. Vice President Jiang Changsheng is also a second-generation rich man from Nanyang. His father Jiang Aihua is the founder of Wuhu Company, a famous Nanyang tycoon and one of the leaders of the Chinese community in Singapore.

Vice President Jiang Changsheng is in charge of the Industry Committee under the Singapore Chinese Chamber of Commerce.

Accompanied by Li Xiaofan, Vice President Jiang Changsheng and Diana Yang entered Li Xiaofan's large office. The two were also attracted by Li Xiaofan's set of sea yellow furniture and the agarwood in the air, and felt very comfortable.

After everyone sat down to drink tea, the first topic they talked about was Li Xiaofan's Hainan Huanghuali furniture and agarwood.

Then, getting to the point, Vice President Jiang Changsheng said to Li Xiaofan:

"Mr. Li, we have seen your successful entrepreneurial story in the Straits Times and Lianhe Zaobao. I came to visit you today for several purposes. The first is to invite you to join our Singapore Chinese Chamber of Commerce on behalf of our President Guo Lingyu. I wonder if you are interested?"

The president of the Singapore Chinese Chamber of Commerce at that time was Guo Lingyu, the managing director of Singapore Hong Leong International Development Co., Ltd. He is a cousin of Guo Lingcan, the chairman of Malaysia Hong Leong Financial Group.

"President Jiang, you came here in person to invite me. This shows that your chamber of commerce thinks highly of me. This is giving me face. How dare I refuse!" Li Xiaofan bowed.

"Great! Mr. Li, there is one more thing. The Industry Committee under our Chinese General Chamber of Commerce holds many internal seminars from time to time, allowing successful member entrepreneurs to share their business success experiences. At present, the success stories of Yahoo Singapore and venture capital Yahoo USA that you founded have become a legend. This Saturday afternoon, our chamber of commerce will have an internal industry investment seminar. I wonder if you can attend and share your successful investment experience with our member entrepreneurs?"

"President Jiang, you are so embarrassed to say that. I don't dare to teach you. I can't afford it! I can share and exchange some of my investment experiences with everyone..."

Vice President Jiang Changsheng said with a smile: "Mr. Li, don't be modest. Looking at the whole of Singapore, can you find another person who has the courage to go to Silicon Valley in the United States to invest in a loss-making Internet company in the early stage, and then successfully go public, and successfully turn the original investment of more than 4 million US dollars into more than 200 million US dollars? In addition, the Yahoo Singapore site and Pacific Online Bookstore you created last year have long been well-known in Singapore, bringing many conveniences to every Singaporean. I have long wanted to meet you, a young talent!"

Diana Yang added: "Yes, Mr. Li, the Yahoo Singapore site you cooperated with us last year helped our vast number of Singaporean SMEs Our member companies have responded enthusiastically to the overseas expansion of the business! Many member companies have received a lot of overseas orders through your website, which has benefited a wide range of people and received rave reviews. The successful listing of Yahoo in the United States this time has further proved your forward-looking vision and investment courage. My thoughts are the same as President Jiang. You are fully qualified to impart your investment experience to our vast number of Singaporean merchants! "

Li Xiaofan bowed again and said: "Thanks to the kindness of the two presidents, I will participate in Saturday's activities! But I really don't dare to teach, I can only say that I share..."

"Okay, Mr. Li, let's not get entangled in a few words, just come and participate!" Vice President Jiang Changsheng waved his hand and smiled.

Finally, Li Xiaofan said: "President Jiang, there is no problem joining your Singapore Chinese Chamber of Commerce and participating in Saturday's activities. But, can I make a small request? "

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