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Singapore Hikes Permanent Residence Threshold for Ultra-Rich

(Bloomberg) -- Singapore is increasing the threshold for global investors seeking permanent-resident status in an attempt to create more jobs and benefit locals due to an influx of wealth. Most Read from BloombergSorry, Twitter. Elon Found His Next Shiny Object.How to Get a Free Flight to Hong Kong in 500,000 Airline Ticket GiveawayWorld’s Rich Take Advantage as $1 Trillion Property Market CratersMusk Was Right About Tesla Rivals Losing BillionsApplicants will need at least S$10 million ($7.4 mi