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Singapore’s Global Investor Programme: Attaining Permanent Residency Through Investments
March 9, 2021
WHAT IS IT?
- The Global Investor Programme (GIP) is for accomplished global investors interested in acquiring Singapore Permanent Resident status (PR)
- Allowing eligible global investors to drive their businesses and investment growth from Singapore
- The scheme is administered by EDB Contact Singapore, a division of the Economic Development Board (EDB)
WHAT ARE THE BENEFITS?
- Family members (spouse and children under the age of 21) can also acquire PR status.
- Eligible to apply for citizenship after holding PR status for ≥ 2 years.
QUALIFYING CRITERIA
- Established Business Owners
- ≥ 3 years of entrepreneurial and business track record
- Currently operating a company with S$200mil revenue per year
- Own ≥ 30% shares in the company (if company is privately held)
- Investment option(s): A / B / C
2. Next Generation Business Owners
- Immediate family should have ≥ 30% shareholding or be the largest shareholder in the company
- Operating company must have ≥ S$500mil revenue per year
- Be in the management team of the companY
- Investment option(s): A / B / C
3. Founders of Fast-Growth Companies
- Be the founder and one of the largest individual shareholders of the company with a valuation of S$500mil
- Company must have been invested into by a reputable Venture Capital or Private Equity firm
- Investment option(s): A / B / C
4. Family Offices
- ≥ 5 years of entrepreneurial, investment or management track record
- Must have net investable assets of ≥ S$200mil
- Investment option(s): C
*Companies must be engaged in one or more of the industries specified by the scheme.
INVESTMENT OPTIONS
- Option A
- Invest ≥ S$2.5mil in a new business entity or in the expansion of an existing business in an approved business sector
- Option B
- Invest ≥ S$2.5mil in an approved fund that invests in Singapore-based companies
- Option C
- Invest ≥ S$2.5mil in a Singapore-based Single Family Office having AUM of ≥ S$200mil
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