Singapore | Leading financial centre in Asia
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Singapore Granted 450 HNW Investors Singapore Permanent Residency under Global Investor Programme (GIP) Over 11 Years (2015 to 2025), 1) $395 Million (S$500 Million) Invested in Singapore-Based Entities, 2) $340 Million (S$430 Million) Invested in Approved Funds Which Invest in Singapore-Based Companies under Global Investor Programme (GIP), 3) 30,000+ Jobs Created by Global Investor Programme (GIP) Investors from 2010 to 2025

28th February 2026 | Hong Kong

Singapore government had granted around 450 HNW investors Singapore Permanent Residency under the Singapore Global Investor Programme (GIP) over 11 years (2015 to 2025) – 1) $395 million (S$500 million) invested in Singapore-based entities, 2) $340 million (S$430 million) invested in approved funds which invest in Singapore-based companies under Global Investor Programme (GIP), 3) 30,000+ jobs created by Global Investor Programme (GIP) investors from 2010 to 2025.  In 2023 July, Singapore central bank Monetary Authority of Singapore (MAS) Tharman Shanmugaratnam (Senior Minister & Minister in charge of MAS) reply on family offices contribution in Singapore – 30 single family offices approved under Singapore Global Investor Program (GIP), single family offices (SFOs) not required to be licensed by MAS, family offices granted tax incentives employ 1,400 Singaporeans & Permanent Residents (PR), around 950 earns above S$5,000 monthly, around 400 earns S$2,000 to S$5,000, less than 50 earns below S$2,000 (USDSGD 1.35).  In 2023 June, Singapore Economic Development Board (EDB) appointed 7 funds under the new Singapore Global Investor Programme (GIP) with minimum criteria of S$1 billion AUM, with new Singapore Permanent Residency applicants under GIP to invest S$25 million into the funds.  The 7 appointed fund management firms are B Capital Group Singapore, East Ventures Advisory, GGV Capital, HHLR Management, Insignia Ventures Partners, Jungle Ventures and Vertex Venture Management.  A Call for Proposal (CFP) was conducted from 2nd March 2023 to 21st March 2023.  Singapore EDB: “Investments made into GIP-select funds are not principal-protected. The value of such investments may be reduced according to market conditions and the investor may suffer losses as a result of your investment into the GIP-select funds. Accordingly, EDB shall not be held responsible or liable in any way for (a) any reduction in the value of your investments into any of the GIP-select fund, or (b) any other losses that you may suffer as a result of your investments in any GIP-select fund.”  In 2023 March, Singapore Global Investor Program (GIP, 5-Year renewal residency program) increased from S$2.5 million to a minimum of S$10 million ($7.4 million) in a business or S$25 million ($18 million) into approved GIP funds from 15th March 2023 (new applications), with family office requiring at least S$200 million AUM ($149 million, Assets under Management) and at least S$50 million ($37 million) invested into 1 of 4 Categories: Qualifying Debt Securities, Certificates of Deposits, Singapore-Licensed Fund Managers or Private Equity into Non-Listed Singapore-Based Business.  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).  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).   The new qualifying requirement for $10 million investment into Singapore business is to hire at least 30 employees with at least 15 Singapore citizens.  For family office requiring S$200 million AUM, at least 5 family office professionals need to be hired, with at least 3 Singapore citizens.  The Singapore Global Investor Program was first launched in 2004 (S$1 million), revised in 2011 (S$2.5 million) and last revised in March 2020 (Family office S$200 million).  See below for Singapore Family Office Tax Exemption 13U & 13O.  In 2023 February, Singapore 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 Granted 450 HNW Investors Singapore Permanent Residency under Global Investor Programme (GIP) Over 11 Years (2015 to 2025), 1) $395 Million (S$500 Million) Invested in Singapore-Based Entities, 2) $340 Million (S$430 Million) Invested in Approved Funds Which Invest in Singapore-Based Companies under Global Investor Programme (GIP), 3) 30,000+ Jobs Created by Global Investor Programme (GIP) Investors from 2010 to 2025 “

 



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Singapore Granted 450 HNW Investors Singapore Permanent Residency under Global Investor Programme (GIP) Over 11 Years (2015 to 2025), 1) $395 Million (S$500 Million) Invested in Singapore-Based Entities, 2) $340 Million (S$430 Million) Invested in Approved Funds Which Invest in Singapore-Based Companies under Global Investor Programme (GIP), 3) 30,000+ Jobs Created by Global Investor Programme (GIP) Investors from 2010 to 2025

Singapore | Leading financial centre in Asia



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