Singapore Grants 200 Permanent Residency under Singapore Global Investor Program Over 3 Years from 2020 to 2022, Program Requires S$2.5 Million Investment in Singapore Business or GIP Approved Fund, or Setup Family Office with at Least S$200 Million
23rd February 2023 | Singapore
Singapore has granted around 200 Permanent Residency under the Singapore Global Investor Program (GIP) over 3 years from 2020 to 2022, with the program requiring S$2.5 million ($1.86 million) investment in a Singapore business or GIP Approved Fund, or setup a family office with at least S$200 million ($149 million). The data was released by Singapore Minister of State for Trade & Industry Low Yen Ling during a session in the Singapore Parliament (23/2/23). Singapore Global Investor Program (GIP) data October 2022: S$1.62 billion invested in GIP Approved Funds, with S$1.42 billion deployed into investments (65.6% / S$930 million invested in Singapore-based companies).
“ Singapore Grants 200 Permanent Residency under Singapore Global Investor Program Over 3 Years from 2020 to 2022, Program Requires S$2.5 Million Investment in Singapore Business or GIP Approved Fund, or Setup Family Office with at Least S$200 Million “
Singapore Global Investor Programme (GIP)
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. The GIP is administered by Contact Singapore, a division of the EDB that advises entrepreneurs and business owners who are interested in relocating to and investing in Singapore. Application fee is S$10,000
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