ICA does not collect information on the citizenship’s applicants wealth or net worth, said K Shanmugam
Singapore’s Immigration & Checkpoints Authority (ICA) does not track the wealth or net worth of citizenship applicants, according to Home Affairs Minister K Shanmugam.
His statement comes in response to questions regarding the number of ultra-high net worth individuals granted citizenship since 2000.
Citizenship applications are assessed based on factors such as ability to contribute to Singapore, job creation, special skills, family ties, and commitment to sinking roots in the country.