Singapore's Economic Development Board announced on March 2, 2013, that the new Global Investor Programme (GIP) regulations would take effect from the 15th of the same month. The GIP program has undergone significant changes, with three different options now available for potential investors.


3 Qualifying Criteria:

Option A: Applicants must invest at least SGD 10 million (including the capital amount) to establish a new business entity or invest in an existing business.

Option B: Applicants must invest SGD 25 million in selected funds under the GIP.

Option C: Applicants must set up a single-family office with at least SGD 200 million assets under management in Singapore, of which at least SGD 50 million must be invested in four categories and completed within 12 months from the date of approval letter.


4 Investment Categories for Option C

At least S$50 million must be deployed in any of the below 4 investment categories:
1. Equities, REITS or business trusts listed on Singapore-approved exchanges
2. Qualifying debt securities listed on MAS’ enquiry system
3. Funds distributed by Singapore-licensed/registered managers or financial institutions
4. Private equity investments in non-listed, Singapore-based operating companies.

Additionally, after the first five years of permanent residency,  the company must employ at least 30 employees to renew the Re-Entry Permit, of which at least half  must be Singapore Citizens, and there must be at least 10 incremental employees.


GIP Immigration Application Requirements