Singapore Global Investor Programme

You can obtain a Singaporean permanent residence permit through the Global Investor Programme (GIP)
Investment amount
SGD 10 million ($7.45 million)
Duration of registration
9–12 months
Citizenship
after 2 years

Permanent residence in Singapore for investment in the economy

The government launched the Global Investor Programme (GIP) to attract foreigners who can significantly contribute to the economy. The programme grants permanent residency status through investments in various sectors, including businesses, funds, and securities.

Investor's permanent residence in Singapore is available to people who fulfil specific criteria. These can be successful entrepreneurs, business owners, and investors with proof of successful transactions. The main requirements for applicants are the availability of significant capital and willingness to invest in the country's economy.

Singapore investment immigration offers 3 distinct options, each with its own conditions. These options cater to a wide range of investors, from those interested in business ventures to those focused on financial investments. The cost of permanent residence in Singapore varies depending on the chosen option, with the minimum investment amount set at SGD 10 million ($7.45 million).

The benefits of Singapore permanent residence

The chance to move to Singapore with family

Opportunity to open a company and run a business

Return on invested funds

Favourable business environment

Stable economy and currency

A reliable legal system

Tax benefits

You do not need to reside in the country permanently

Possibility to open a bank account

English is one of the official languages

High living standards

Entitlement to citizenship for the whole family

Work and study permits

Modern and developed infrastructure

Social stability and safety

Visa-free travel with countries

USA
USA
United Kingdom
United Kingdom
Canada
Canada
Norway
Norway
Switzerland
Switzerland
Germany
Germany
France
France
Spain
Spain
Sweden
Sweden
Finland
Finland

Conditions to get a permanent residence in Singapore

There are no specific age or English language requirements to obtain a permanent resident card in Singapore. The main conditions are:

  • Provide a certificate of no criminal record.
  • Prepare investment documents and business plans.

After permanent residency, men must pass the National Service (NS).

Investment options in Singapore

Well-established business owners

The applicant must:

  • Have 3 years of entrepreneurial experience.
  • Run a company with annual revenue of at least SGD 200 million ($148.6 million) per year for the last 3 years.
  • Have at least 30% of the company's shares.

The company should operate in one of the country's most important industries.

New generation business owners

  • For these types of permanent residence in Singapore, the applicant needs:

    • his immediate family members to own at least 30% of the company's shares or be the most significant shareholders;
    • its annual revenue of at least SGD 500 million ($371.6 million) per annum and the last 3 years;
    • to participate in the management of the company;
    • the company to operate in one of the critical areas.

Founders of fast-growing companies

This type of permanent residence certificate in Singapore requires the fulfilment of the following conditions:

  • The applicant needs to be the founder and one of the largest individual shareholders of a company with a valuation over SGD 500 million ($371.6 million), with potential for significant growth and success.
  • A reputable venture capital or private equity organisation must invest in your company.

The company must be involved in essential industries.

Family office managers

The applicant must:

  • Have at least 5 years of business, investment, or management experience.
  • Have his net assets to reach SGD 200 million ($148.6 million).

Post-approval requirements

The applicant, depending on the type of the selected programme, will be offered 3 options for action within 6 months of approval:

  1. Confirm an investment of SGD 10 million ($7.45 million) in the company.
  2. Invest SGD 25 million ($ million) in a fund approved for the programme that invests in Singapore companies.
  3. Establish a family office in the country with assets of at least SGD 200 million ($148.6 million).

Documents to obtain a permanent residence in Singapore

To apply for Singapore's Permanent Residency, applicants for all types of programmes are required to prepare the following:

  1. passport;
  2. photographs;
  3. a birth certificate showing the names of both parents;
  4. marriage, divorce, name change, custody, adoption and other certificates;
  5. information about family members, including names, ages and places of employment;
  6. declaration documents from the electronic application form;
  7. receipt of the entry fee;
  8. A copy of the online GIP application form is needed.

Depending on the type of visa, you may be asked to provide:

  1. financial statements;
  2. evidence of business registration;
  3. business licences;
  4. business plan;
  5. a company capital review report;
  6. ACRA (Accounting and Corporate Regulatory Authority) certificate of investment registration;
  7. a business organisation chart.

It's important to note that all documents must be translated into English and copies notarized.

Procedure and deadlines for obtaining a residence permit in Singapore

1 day

Sending an application

Submit a paper and electronic GIP application to the Economic Development Board (EDB).

1 day

Invitation for an interview

To get a permanent residence in Singapore, go for an interview at the EDB.

1-3 months

Status approval

The Immigration and Checkpoints Authority (ICA) will issue Approval-in-Principle (AIP) status if you meet the criteria. It is valid for 6 months.

6 months

Fulfilment of investment conditions

Investment requirements must be met within 6 months of receiving the AIP.

7-10 days

Providing proof of investment

Provide proof of investment, which may include bank statements, stock certificates, etc., and an investment commitment.

7-30 days

Receipt of an approval letter

ICA will send the final approval letter after verification of EDB documents.

1-12 months

Formalisation of status

Apply for permanent residency within 12 months from the date of approval.

Upon approval, you will be issued a Re-Entry Permit (REP) for 5 years, which allows you to maintain your status when you are out of the country. Three months before the document expires, you can apply for a 3 or 5-year REP extension. Remembering to fulfil all the necessary conditions for the extension is essential.

Singapore Citizenship

Obtaining citizenship by investment in Singapore is possible. Permanent residents over 21 can apply for citizenship in Singapore if they have held this status for over 2 years. Family members, including spouses and unmarried children under 21, can obtain a passport in Singapore. Your economic contribution, length of residence, qualifications, and more will be considered when applying for a Singapore passport. This is to assess your ability to participate in the development of the state and integrate into society.

Family immigration to Singapore

Immigration allows you and your family to move to one of the world's most developed regions. The programme enables unmarried spouses and children under 21 to obtain permanent resident status, providing access to quality education, health care and high living standards. Parents and unmarried and unmarried children over the age of 21 can apply for long-term residency.

FAQ

How to get permanent residence in Singapore?

A foreigner can invest in creating a new business, expanding an existing business, or in state-approved funds.

What a residence permit in Singapore can give you?

The right to live in the country with your family, work, do business, and later obtain citizenship. How long can you leave Singapore with a Re-Entry Permit? You can go and return to the region. However, a valid Re-Entry Permit (REP) is required to maintain your status.

How much is permanent residence in Singapore?

The minimum investment amount is SGD 10 million ($7.45 million) + a non-refundable entry fee of SGD 10,000 ($7,400).

What documents are required to obtain a residence permit in Singapore?

What you need for a Permanent Residence in Singapore: passport, financial statements, business plan, details of family members, birth, marriage, divorce, custody and other certificates.

How long is a permanent residence permit in Singapore?

The residence permit is valid indefinitely. The Re-Entry Permit (REP) is valid for 5 years. It can be extended after that.

How long do you wait to get a residence permit in Singapore?

On average, all processes take 9–12 months.

[item question="Is working in Singapore with a permanent residence permit possible?"]

You can complete a visa application online, but an interview will be required for further processing.

Is it possible to work in Singapore with a permanent residence permit?

Yes, you are eligible to work in the country with a GIP visa.

How to become a Singaporean citizen?

Must have been a permanent resident for 2 years and be over 21.

Contact a specialist
 
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