Singapore
Global Investor Programme (GIP)

The GIP is for high net worth individuals who are interested in becoming Singapore Permanent Residents for themselves and their families. To qualify for GIP, they will have to meet certain conditions laid down by the Economic Development Board (EDB) of Singapore.

Eligibility Criteria
  1. Under GIP, the applicant must choose one of the following investment options:
    • Option A: Invest at least S$2.5 million in a new Singapore-registered company or in the expansion of an existing one.
    • Option B: Invest at least S$2.5 million in a GIP fund that invests in Singapore-based companies.
  2. The applicant must possess at least 3 years of entrepreneurial track record and produce audited financial statements of his or her company for the last 3 years.
  3. The applicant’s company’s turnover must be at least S$50 million in the year immediately preceding his or her GIP application, and at least S$50 million per annum on average for the 3 years immediately preceding his or her GIP application.
  4. If the applicant’s company is privately-held, he or she should have at least 30% shareholding in the company. The applicant’s role in the company, as well as the growth and profitability of the company, will also be taken into consideration.

Additional Requirements for Option A applicants
  1. The applicant must submit a detailed 5-year business plan with projected employment and annual financial projections.
  2. The applicant is required to complete the 3rd year milestones outlined in his or her business plan and fulfil the business plan within 5 years of GIP Approval.
  3. If the applicant’s business plan involves the investment of an existing Singapore-based company, the additional 3rd year milestones that the company would be required to achieve are:
    • the hiring of at least 5 additional employees and
    • an annual total business expenditure of at least $1 million SGD.
  4. The applicant will need to submit the audited financial statements as at the end of the 2nd, 3rd, and 4th year of the 5-year business plan.
  5. The applicant’s company must be engaged in any of the industries listed below:
    • Aerospace Engineering
    • Alternative Energy/ Clean Technology
    • Automotive
    • Chemicals
    • Consumer Business (e.g. flavours and fragrances, food ingredients, nutrition, home and personal care)
    • Electronics
    • Energy
    • Engineering Services
    • Healthcare
    • Communications Products & Services
    • Logistics & Supply Chain Management
    • Marine & Offshore Engineering
    • Media & Entertainment
    • Medical Technology
    • Nanotechnology
    • Natural Resources (e.g. metals, mining, agri-commodities)
    • Safety & Security
    • Space
    • Shipping
    • Pharmaceuticals & Biotechnology
    • Precision Engineering
    • Professional Services e.g. consulting, design
    • Arts Businesses
    • Sports Businesses
    • Family Office & Financial Services

Re-Entry Permit (REP)

Once the applicant obtains his or her Singapore PR, he or she will be issued with a REP that is valid for 5 years. The REP allows the applicant to maintain his or her PR status even if the applicant frequently travels in and out of Singapore.

After 5 years, the applicant’s REP can be renewed for the following periods depending on him or her meeting the following requirements:

3 Year Renewal
  • The applicant must have fulfilled the investment conditions under either Option A or Option B of the GIP.
  • Either the applicant have set up a business in Singapore which employs at least 5 Singapore citizens as employees and has incurred in Singapore at least $1 million SGD in annual total business expenditure.
  • Or the applicant or at least one of his or her dependants (who is also PR under the GIP scheme) must have spent more than 2.5 years residing in Singapore.

    • 5 Year Renewal
  • The applicant must have fulfilled the investment conditions under either Option A or Option B of the GIP.
  • The applicant have set up a business in Singapore which employs at least 5 Singapore citizens as employees and has incurred in Singapore at least $1 million SGD in annual total business expenditure.
  • The applicant or at least one of his or her dependants (who is also PR under the GIP scheme) must have spent more than 2.5 years residing in Singapore.

    • Other Key Facts

    The applicant’s spouse and unmarried children (below 21 years old) as at the date of GIP application are eligible to apply for PR under the applicant’s GIP application. Male children who obtain PR will be liable for National Service.

    The applicant’s parents and unmarried children (21 years old or older) as at the date of application, are not eligible to apply for PR under the applicant’s GIP application. Instead, they can apply for a 5-year Long Term Visit Pass (LTVP), which is tied to the validity of the applicant’s REP.

    The applicant will be required to make his investment of $2.5 million SGD within 6 months of gaining PR status.