Global Investor Programme (GIP)

Singapore is looking for established business owners and investors to invest in the country to fuel its industries. Recognising this significant contribution, the Singapore government accords qualified applicants and their immediate family members Singapore Permanent Residence under the Global Investor Programme (GIP).

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Different Qualifying Criteria to Select From
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Choice Industries of Focus
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Minimum Investment for Successful Candidates

Specially administered by a division within the Economic Development Board of Singapore (EDB), the Global Investor Programme (GIP) is a specialised residency-by-investment pathway to Singapore Permanent Residence on the basis of investment and business commerce

The GIP represents one of the numerous efforts that the Singaporean government has meted out to propel Singapore’s economic growth through :

  1. Attracting promising investors and entrepreneurs globally.
  2. Knowledge and Technology transfer / contributing talent to Singapore’s world-class economy

As such, the reviewing parameters for a successful application differs greatly when compared to Singapore Permanent Residence application from say under the Professional (PTS) and Sponsorship schemes which makes up the majority of all PR applications.

Singapore Immigration Roadmap

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  • Foreigner living in or outside of Singapore

Current Goal

Documents and Folder

Future Possibilities

  1. Singapore Citizenship + Social Integration
  2. Business Incorporation + Work Pass (for employees)
  3. Set Up Single Family Office + Apply Relevant Work Pass (for employees)

Global Investor Programme (GIP) Eligibility

The GIP accords Singapore PR status to investors with a substantial business track record who intend to drive the growth of their investments from Singapore

In summary, there are four types of investor profile who qualify to apply:

  • An established business owner with required entrepreneurial experience of at least 3 years, and whose annual business turnover is at least S$ 200 million.
  • Member of a high-value family business whose immediate family possesses at least 30% shareholding, and whose annual turnover for the business is at least S$ 500 million.
  • Founder and one of the largest shareholders of a fast-growing company / start-up that’s valued at least S$ 500 million.
  • A family office with at least 5 years’ worth of experience in entrepreneurship, management, or investment activities and net investable assets of at least S$ 200 million that is excluding real estate.

Global Investor Programme (GIP) Investment Options

Applicants who qualify and subsequently have their applications approved will then be required to invest at least S$2.5 million into Singapore via one of the following acceptable options:

  1. In a new business entity or in the expansion of an existing business operation in Singapore, or;
  2. In a GIP fund that invests in Singapore-based companies, or
  3. In a new or existing Singapore-based single family office having Assets-Under-Management (AUM*) of at least S$200 million.

IASG clients who wish to pursue Permanent Residence under this scheme can benefit directly from our established and close working relationship with EDB. Our clients will go through an exclusive pre-qualifying process with EDB, before actual applications are filed.

Choice Sectors

The GIP represents a highly selective programme where interest heavily lies on economic and business commercial interest that Singapore can benefit from. The EDB will reference both short to middle term focus of the nation in qualifying applicants. As such, a criteria that must be met is that the applicant’s business and investment interests must be represented in the GIP’s list of accepted industries and sectors. These reflects Singapore’s biggest economic drivers presently and within the horizon

  • Aerospace Engineering
  • Alternative Energy/ Clean Technology
  • Automotive
  • Chemicals
  • Consumer Business 
  • Electronics
  • Energy
  • Engineering Services
  • Healthcare
  • Infocomm Products & Services
  • Logistics & Supply Chain Management
  • Marine & Offshore Engineering
  • Media & Entertainment
  • Medical Technology
  • Nanotechnology
  • Natural Resources (e.g. metals, mining, agri-commodities)
  • Safety & Security
  • Space
  • Shipping
  • Pharmaceuticals & Biotechnology
  • Precision Engineering
  • Professional Services e.g. consulting, design
  • Visual & Performing Arts Businesses
  • Sports Businesses
  • Family Office & Financial Services

How to Apply for GIP

IASG has outlined the intricate GIP Application process for clients in strategic phases to ensure applications are reviewed favourably and efficiently by the various government agencies. The broad steps can be outlined as follows:

1. Initial Consultation and profile analysis

 

2. Conduct Pre-Assessment procedure with guidance from the EDB

 

3. If shortlisted, to prepare Presentation of Applicant profile to EDB

 

4. Pre-Submission Information Gathering

 

5. GIP Full Documents Preparation

 

6. GIP Application Submission

 

7. In-Principle Approval Formalities

 

8. Preparing and Completion of Investment Commitment

 

9. Final Approval Formalities

 

More Information

Relocation Services

For a country like Singapore — consistently awarded Most Competitive Economy in Asia to do Business and Safest to Raise a Family — the systems and infrastructure built over time comes at a cost. Sound policies and processes in place are the backbone of such efficiencies and as such, you will need all the help you can get to ensure a smooth transition. To ease the move, Immigration@SG (IASG) offers a full-suite of critical service solutions to navigate you pass the finish line.

Learn more

FAQs

The Global Investor Programme (GIP) is a specialised residency-by-investment pathway to Singapore Permanent Residence on the basis of investment and business commerce. It is targeted at wealthy individuals and business owners seeking to get on board Singapore’s business and commercial trajectory by means of investing at least S$2.5 million into the economy.

While the direct investable amount is set at minimum S$2.5 million into one of the 3 available GIP investment vehicle options for approved clients, setting up the business and running the business in Singapore will incur relevant overheads and investments into Singapore. This includes commercial leasing, recruitment etc.

At present, there are only 2 approved funds under GIP. They are :

  • Jungle Leaders I Pte Ltd
  • Phillip Ventures Enterprise Fund 6 Ltd

It refers to approved funds that EDB has accessed and introduced via an independent fund rating exercise. EDB has appointed Mercer (Singapore) Pte Ltd as the independent rating agency.

The only residency by investment option in Singapore is the Global Investor Programme (GIP). It allows qualified applicants a different pathway to Singapore Permanent Residence. Unlike the Professional Scheme (PTS), applicants under the GIP will be assessed on entirely different evaluation parameters.

The GIP replaces the Financial Investment Scheme (FIS). The now defunct FIS was the first resident by investment scheme recognised in Singapore. It has evolved into the GIP, taking into consideration a wider range of criteria that is aligned to Singapore’s future growth goals.

There are no Citizenship by Investment options available in Singapore. To apply for Singapore Citizenship, one must be a Singapore Permanent Resident for at least 2 years and have a relatively clean record.

Qualified foreigners who are living outside of Singapore and have investible funds of $2.5 million may choose to invest in Singapore via the Global Investor Programme (GIP). Administered by the Economic Development Board of Singapore (EDB), investors may choose to invest in a new business entity, expansion of an existing business operation or in a GIP fund. 

 

An initiative by the Singapore government, its objective is to fuel and drive choice industries in Singapore to expand its economic growth, thus making it a safe and attractive investment for foreigners.

Yes, it is. While the world is in turmoil, Singapore has been proven to be steadfast. In fact, Singapore is one of the few countries that continues to grow even in the midst of a pandemic. Its stable politics and governance, efficient legal systems, and attractive financial and business landscapes, are some of the reasons that make Singapore a good investment. The government regularly announces its economic goals, its progress updates, and provides continual support for its residents and businesses (both the public and private sectors) to achieve it.

Yes, all foreigners may invest in Singapore. Foreigners who are living outside of Singapore or living in the country have several investment options including private real estate.

Singapore is not far off from being the top financial hub in Asia, and has huge potential for more growth. With international and regional networks, business owners and investors may seize opportunities worldwide while benefiting from low taxes. Geopolitical nuances weighing down on China and Hong Kong in recent years have also elevated Singapore as the preferred financial hub in Asia.

Depending on the type of investment, it may be taxable. For example, investments made in trade or business operations that are listed under the IRAS are taxable. Otherwise, there is no capital gain, dividend, or interest tax in Singapore.

Invest in Singapore & Get Singapore PR!

Eligible candidates can get a fast-track route to Singapore PR for themselves and direct family members. Book a consultation with us for more information!