Investment Options
Option A
Invest S$2.5 million in a new business entity or in the expansion of an existing business operation.
Option B
Invest S$2.5 million in a GIP fund that invests in Singapore-based companies.
Option C
Invest S$2.5 million in a new or existing Singapore-based single family office having Assets-Under-Management (AUM*) of at least S$200 million
Qualifying Criteria for Investor
As an investor who is interested in starting a business or investing in Singapore, you may apply for the Singapore Permanent Residence status (PR) through the Global Investor Programme (GIP).
You are eligible to apply if you meet the following qualifying criteria:
Established Business Owners
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- a) You must possess at least 3 years of entrepreneurial and business track record;
- b) You should currently be running a company1 with an annual turnover of at least S$200 million in the year immediately preceding your application, and at least S$200 million per annum on average for the three years immediately preceding your application;
- c) If your company is privately-held, you should have at least 30% shareholding in the company; AND
- d) Your company must be engaged in one or more of the industries listed in Annex B.
Next Generation Business Owners
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- a) Your immediate family should have at least 30% shareholding or is the largest shareholder in the company you use to qualify;
- b) This company’s annual turnover must be at least S$500 million in the year immediately preceding your application, and at least S$500 million per annum on average for the three years immediately preceding your application;
- c) You must be part of the management team of the company (e.g. C-suite / Board of Directors); AND
- d) Your company must be engaged in one or more of the industries listed in Annex B.
Founders of Fast Growth Company
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- a) You must be a founder and one of the largest individual shareholders of a company with a valuation of at least S$500 million;
- b) Your company must be invested into by reputable Venture Capital /Private Equity firms; AND
- c) Your company must be engaged in one or more of the industries listed in Annex B.
You are eligible to apply Option C, if you meet the qualifying criteria:
Family Office Principals
a) You must possess at least 5 years of entrepreneurial, investment or management track record; AND
b) You must have net investible assets of at least S$200 million.
(NB: Net Investible Assets include all financial assets, such as bank deposits, capital market products, collective investment schemes, premiums paid in respect of life insurance policies and other investment products, excluding real estate.)
Find out if you meet the requirements, NOW!
List of Industries
| (a) Aerospace Engineering |
(b) Alternative Energy/ Clean Technology |
(c) Automotive |
(d) Chemicals |
(e) Consumer Business (e.g. flavors and fragrances, food ingredients, nutrition, home and personal care) |
| (f) Electronics |
(g) Energy |
(h) Engineering Services |
(i) Healthcare |
(j) Infocomm Products & Services |
| (k) Logistics & Supply Chain Management |
(l) Marine & Offshore Engineering |
(m) Media & Entertainment |
(n) Medical Technology |
(o) Nanotechnology |
| (p) Natural Resources (e.g. metals, mining, agri-commodities) |
(q) Safety & Security |
(r) Space |
(s) Shipping |
(t) Pharmaceuticals & Biotechnology |
| (u) Precision Engineering |
(v) Professional Services e.g. consulting, design |
(w) Arts Businesses - Visual arts businesses, (e.g. auction houses, art logistics/storage - Performing arts businesses) |
(x) Sports Businesses |
(y) Family Office & Financial Services |
Renewal Criteria for GIP
Your PR under GIP will be renewed if you meet the following conditions by the 5th year of your PR status. You must have fulfilled the investment conditions under Option A /B/C of the GIP.
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Renewal
Investment Options
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For a 3-year renewal
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For a 5-year renewal
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Option A
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Your Option A company in Singapore must employ at least 10 employees with at least 5 Singapore Citizens, and incurs an annual total business expenditure of at least S$2 million; |
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OR You or all your dependants, who obtained PR under your GIP application, must have resided in Singapore for more than half of the time. |
AND You or all your dependants, who obtained PR under your GIP application, must have resided in Singapore for more than half of the time.
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Option B
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You have set up a business in Singapore which must employ at least 10 employees with at least 5 Singapore Citizens, and incurs an annual total business expenditure of at least S$2 million;
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OR You or all your dependants, who obtained PR under your GIP application, must have resided in Singapore for more than half of the time. |
AND
You or all your dependants, who obtained PR under your GIP application, must have resided in Singapore for more than half of the time. |
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Option C
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The Family Office in Singapore that you will be investing in must employ at least 10 employees with at least 5 Singapore Citizens and 3 professionals; and incurs an annual total business expenditure of at least S$2 million; |
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OR You or all your dependants, who obtained PR under your GIP application, must have resided in Singapore for more than half of the time. |
AND
You or all your dependants, who obtained PR under your GIP application, must have resided in Singapore for more than half of the time. |