Through the Global Business Investor Program (GIP), you will have a new starting point to enjoy the high quality of life and abundant opportunities in Singapore. Looking forward to starting this wonderful journey with you!
Singapore Investment Immigration (GIP) –- Start a new life for you and your family
The Singapore Investment Immigration Program (GIP), supervised by the Economic Development Board (EDB), is specifically designed for entrepreneurs who seek to obtain permanent residency in Singapore.
Why choose the GIP?
Program Benefits
Application Requirements
Investment Criteria
Applicants must invest SGD 2.5 million in either a government-approved fund or in establishing a business operation.
Financial Requirements
- Audited financial reports for the last three years.
- At least SGD 200 million in annual turnover in the most recent year.
- An average of SGD 200 million over the last three years.
Industry Requirements
The business must align with one or more sectors specified by the government.
Equity Requirements
Applicants must own at least 30% of the company.
Background Requirements
Applicants should have substantial business experience and a successful entrepreneurial background.
Restricted Industries
Applicants may not be involved in construction, property development, or automobile dealerships.
GIP Immigration Plans
Plan A
Invest no less than SGD 2.5 million in setting up a new business entity or expanding an existing business operation in Singapore.
Plan B
Invest no less than SGD 2.5 million in a GIP-approved fund that primarily invests in Singapore-based companies.
Plan C
Invest no less than SGD 2.5 million in a new or existing single family office in Singapore, managing assets of at least SGD 200 million.
Application Process
- Submission: Complete and submit the Global Investor Program application form.
- Interview Notification: Upon notification, the applicant must attend an interview with EDB officials in Singapore.
- Investment Implementation: After receiving a response from ICA, the applicant must finalize the investment promised on the application form within six months.
- Documentation: After the investment is made, submit relevant proof documents (such as share certificates, bank statements, etc.) to EDB, to be maintained for five years.
- Residency Approval: Once approved by EDB, ICA will notify the applicant in writing that permanent residency has been granted and provide further instructions.
- Formalities: The applicant must complete the necessary procedures at ICA within one year.
FAQ
How does your company assist in the GIP application process?
Apex Gateway offers comprehensive services including preliminary consultations, eligibility assessments, document preparation, strategic advice, ongoing monitoring to ensure a streamlined and efficient process.
How long does it take to apply for the GIP?
The process from application submission to approval of permanent residency typically takes between 6 to 12 months.
Which family members can I bring with me for immigration?
You can bring your spouse, children under the age of 21, as well as your parents and your spouse’s parents.
What are the investment requirements for the GIP?
You are required to invest SGD 2.5 million in a government-approved fund or establish a commercial entity.
Who is eligible to apply for the GIP?
Seasoned business owners with substantial investment assets and business experience, next-generation business owners, founders of high-growth companies, and individuals under the family office scheme are all eligible.