What is the Global Investor Program Singapore?

The Global Investor Programme (GIP) accords Singapore Permanent Resident status (PR) to eligible global investors who intend to drive their businesses and investment growth from Singapore. You will need to have a substantial business track record and successful entrepreneurial background to qualify.

How much do I need to invest in Singapore to get PR?

S$2.5 million
Minimum investment requirement of S$2.5 million in a new business start-up or expansion of an existing business operation. You must submit a three-year business/investment plan with employment and annual financial projections.

What does EDB Singapore do?

The Singapore Economic Development Board (EDB), the lead government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent.

What is a GIP approved fund?

The Global Investor Programme (GIP) Fund status is accorded to approved funds who has the interest to raise capital from GIP applicants. EDB introduced an independent fund rating exercise as a key element of the GIP Funds’ application and selection process since 2012.

How fast can you get Singapore PR?

Generally, PR applications take about six months to process, provided all the required documents are submitted.

How can I permanently settle in Singapore?

To be allowed to work in Singapore, you will need to get a work visa. There are many different visa categories, called work permits or work passes. The type of work permit you should apply for depends on your occupation, your professional experience and your salary. Your employer should request the visa for you.

Can I buy Singapore citizenship?

After two years of permanent residence is Singapore, it is possible to apply for citizenship; however, Singapore is a strictly single-citizenship country and each applicant must relinquish all existing citizenship before naturalisation is possible.

Can I get PR if I buy condo in Singapore?

Yes, but please take note of the additional buyer stamp duty for PR (5%) on top of the normal buyer stamp duty (3%). Please let me know if you have any questions or further assistance. Thank you. Stamp duty tax for PR total will be 8% of property price less SGD 5,400.

Is EDB a government company?

The Economic Development Board (EDB) is the national investment promotion agency of the Government of Mauritius with the mandate to promote and facilitate investment in the country.

How can I get Singapore PR?

As a foreigner, you may be eligible to apply for permanent residence if you are a/an:

  1. Spouse of a Singapore citizen or Singapore permanent resident (PR)
  2. Unmarried child aged below 21 years old, born within the context of a legal marriage to, or have been legally adopted by, a Singapore citizen or PR.

How can a foreigner invest in Singapore?

Investment Options

  1. 6 investment options to help you maximise your savings.
  2. Singapore Saving Bonds (SSB) and Corporate Bonds (CB)
  3. Structured Deposits (SD)
  4. Unit Trusts.
  5. Real Estate Investment Trusts (REITs)
  6. Shares.
  7. Exchange-Traded Funds (ETFs)
  8. CPF Special Accounts.