Global Investor Programme (GIP) is launched for investors who are interested in starting up a business or investing in Singapore. Through this programme, the investors, their spouses and children who are below 21 years of age are eligible for Singapore Permanent Resident(PR) status. Male dependants under the age of 21 years will be liable for Singapore National Service. The investor’s unmarried children who are over 21 years of age do not qualify for Singapore PR but are eligible to apply for the renewable five-year Long Term Visit Pass, subject to the investor’s re-entry permit validity.
GIP offers two investment options:
Option A: Invest at least S$2.5 million in a new business entity or expansion of an existing business operation. A business proposal or investment plan is required.
Option B: Invest at least S$2.5 million in a GIP-approved fund.
You are eligible to apply if you meet one of following criteria:
If you qualify for the GIP based on the above information, please email us your profile and your company’s Profit & Loss statement for the past three years for a quick evaluation. Upon evaluation, we will contact you on the necessary GIP application proceedings.
You can choose to invest in any of the following business sectors under the GIP scheme:
At present, under the GIP permanent residence scheme, you can also apply for permanent residence for your family members as per the below guidelines:
The following documents will be required for PR application under Investor Scheme:
Note that officially endorsed translated versions must be provided for any non-English documents.
It will take 3-6 months to process the application. If your application is approved (after an interview with the authorities), you will be issued an Approval-in-Principle PR which is valid for 6 months, during which you will be required to make your investment. Documentary evidence of your investment such as share certificates and title deeds will need to be submitted to and withheld by authorities for 5 years. Once these documents have been received, you will be conferred PR status.
Once you have cleared all the hurdles and have received the blue identity card given to all Singapore permanent residents, you can start contributing to the country’s economy. You will also benefit by being able to reside in the country visa-free, enjoy tax relief and education subsidies for your children and many other rights and privileges given to full citizens of Singapore.
We have a team of Auditors and specialist who can provide you an overview on what are some of the types of business visa and also advice on the types of business visa that best suits your needs: