{"id":118119,"date":"2023-05-10T05:00:26","date_gmt":"2023-05-10T03:00:26","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/china-and-singapore-finalize-bilateral-visa-exemption-agreement\/"},"modified":"2023-08-26T00:32:03","modified_gmt":"2023-08-25T22:32:03","slug":"china-and-singapore-finalize-bilateral-visa-exemption-agreement","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/china-and-singapore-finalize-bilateral-visa-exemption-agreement\/","title":{"rendered":"China and Singapore finalize bilateral visa exemption agreement"},"content":{"rendered":"<h4>It will soon be no longer necessary for Chinese to apply for a visa to visit Singapore. It will be the same for Singaporeans who want to visit the Middle Kingdom. This will stimulate luxury consumption in both countries&#8230;<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>The Chinese may return to Singapore in droves to shop<\/strong>. Before the pandemic, Middle- Kingdom tourists were the first foreign population to visit the City-State. <strong>That is to say, 3.6 million visitors in 2019<\/strong> left some <strong>3.09 billion dollar<\/strong>s in the coffers of <strong>hotels, restaurants, and stores in Singapore &#8230;<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>But since the irruption of the covid, <strong>the Chinese<\/strong>, under house arrest, had deserted this prosperous island rich in luxury offer. <strong>But if they are again authorized to travel outside<\/strong> their borders since the beginning of the year, <strong>they still do not benefit from ideal conditions to go to Singapore<\/strong>. Their visit is still <strong>subject to a visa.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h2>Visas on the way out<\/h2>\n<p>&nbsp;<\/p>\n<p><strong>Singaporean travelers,<\/strong> exempted from this requirement for less than two-week trips, <strong>must now apply for a visa to travel to China<\/strong>. This has created a bottleneck at the Chinese visa application center in the City-State.<\/p>\n<p>&nbsp;<\/p>\n<p>But these cumbersome processes could soon be considerably eased. <strong>The Beijing Embassy in Singapore has revealed that China is finalizing a bilateral visa waiver agreement with the city-state&#8230;<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>This is an opportunity to revitalize exchanges on favorable terrain. The two countries already have very close ties: <strong>three-quarters of Singapore&#8217;s population (a total of 4 million citizens and permanent residents<\/strong> out of approximately 5.6 million inhabitants) are of <strong>Chinese origin<\/strong>. Many of them speak Mandarin and have <strong>settled in recent years, acquiring luxurious homes and investing locally.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h2>Exemption eagerly awaited<\/h2>\n<p>&nbsp;<\/p>\n<p>According to a spokesperson for the Chinese embassy in Singapore, t<strong>his double visa exemption is &#8220;eagerly awaited&#8221; by citizens of both countries.<\/strong> It is &#8220;also a common concern of the leaders of both countries.&#8221; So the deal is likely to go well.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>This a priori unnatural arrangement between the communist giant and the City-State<\/strong>, a paradise for capitalism and big money, should further promote the prosperity of the latter. And it should make it <strong>more than ever an unavoidable destination for luxury brands.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The Asian island already has a very high number of ultra-rich people. According to a study by HSBC Bank,<strong> 13% of Singaporeans could join the millionaires&#8217; club by 2030.<\/strong> Singapore would also become the world champion in the concentration of millionaires within its population.<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/chinese-luxury-spending-to-jump-in-2023\/\">Chinese luxury spending to jump in 2023<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo :\u00a9 Getty Images<\/p>\n<p style=\"font-weight: 400;\">\n","protected":false},"excerpt":{"rendered":"<p>It will soon be no longer necessary for Chinese to apply for a visa to visit Singapore. It will be the same for Singaporeans who want to visit the Middle Kingdom. This will stimulate luxury consumption in both countries&#8230;<\/p>\n","protected":false},"author":457,"featured_media":115268,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"It will soon be no longer necessary for Chinese to apply for a visa to visit Singapore.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-118119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-luxus-fr"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/457"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=118119"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/118119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/115268"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=118119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=118119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=118119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}