Singapore
Global Investor Programme (GIP)
Minimum investment
SGD 10,000,000
Processing time
approximately 12 months for a complete application, subject to full documentation and due diligence checks
Physical presence
case-by-case, generally expected to demonstrate genuine commitment to Singapore over time
- Investment route
- •Option A: invest SGD 10,000,000 in a new business entity or to expand an existing Singapore business (higher turnover requirement applies for specified sectors such as food/beverage, real estate, or construction)
- •Option B: invest SGD 25,000,000 into a GIP-select fund on EDB's approved list
- •Option C: for family office principals only — set up a Singapore Single Family Office with at least SGD 200,000,000 in assets under management, of which at least SGD 50,000,000 must be deployed into Singapore-based assets, verifiable net worth of at least SGD 200,000,000, and at least 5 family office professionals hired and based in Singapore
- Investment breakdown
- •the SGD 2,500,000 figure still circulating on some third-party sites is obsolete
- •SGD 10,000,000 (Option A/B) has applied since a 2023 tightening of the program
- •applicants must fulfil the investment condition within 6 months of receiving Approval-in-Principle, and formalise Singapore Permanent Residence within 12 months of that approval
- Additional fees
- non-refundable application fee of SGD 20,000 payable to EDB, revised upward from SGD 10,000 effective 5 May 2025
- Eligibility
- •A proven entrepreneurial or business track record
- •Substantial verifiable net worth well beyond the headline investment figure
- Due diligence
- •extensive due diligence including 3+ years of audited financial statements, business plan review, and an in-person interview with EDB to explain how the investment will benefit the Singapore economy
- •conducted jointly by EDB and the Immigration and Checkpoints Authority (ICA), which issues the Approval-in-Principle
- Family inclusion
- •spouse and unmarried children under 21
- •the principal applicant initially receives a Re-Entry Permit valid for 5 years
- Path to citizenship
- •the GIP does not itself grant citizenship
- •separate naturalization is possible after an extended period of residence and is highly selective
- Renewal
- permanent residence is granted directly if approved, without an intermediate temporary-visa stage
- Dual citizenship
- Not permitted — Singapore requires renunciation of all other citizenships upon naturalization (note: this program grants permanent residence, not citizenship, but Singapore's broader citizenship law is relevant for investors planning that far ahead)
- Key benefits
- •Access to Singapore's status as a leading Asia-Pacific financial and business hub
- •Permanent residency (not merely a long-stay visa) if approved
- Taxation
- •Singapore taxes residents only on Singapore-sourced income and on foreign income remitted into Singapore
- •foreign income kept offshore is generally not taxed
Application process
- 1.submit a business or investment proposal to the Economic Development Board
- 2.undergo evaluation and interview
- 3.receive approval in principle
- 4.complete the investment
- 5.permanent residence granted