Singapore

Investor / Golden Visa

Global Investor Programme (GIP)

💎 Investment Required
SGD 10,000,000
one-time
Option A: SGD 10M in a new or existing Singapore business. Option B: SGD 25M in a GIP-select fund. Option C: SGD 200M AUM single-family office with SGD 50M deployed locally
⏱️ Duration
Permanent residence with a 5-year Re-Entry Permit, renewable for 3 or 5 years
👪 Dependants
Yes
Spouse and unmarried children under 21 may be included in the same GIP application; parents and children over 21 are not eligible but may apply for a Long-Term Visit Pass
🛂 Citizenship Path
Yes — after 2 years
The GIP itself grants permanent residence directly upon approval; PRs may apply for Singapore citizenship after a minimum of 2 years as a PR

The Global Investor Programme (GIP) grants Singapore Permanent Resident status to eligible global investors who intend to drive business and investment growth from Singapore. Administered jointly by the Economic Development Board (EDB) and the Immigration & Checkpoints Authority (ICA), the programme was launched in 2004 to attract high-net-worth entrepreneurs and investors. It was significantly enhanced in March 2023, with investment thresholds substantially increased and a new family office option introduced. Between 2015 and 2025, around 450 individuals were granted PR through the GIP, with cumulative investments of approximately S$930 million.

The GIP is Singapore's only investor-based pathway to permanent residence. Unlike employment-based PR, no job offer or employer sponsorship is needed.

Investment Options

Three investment pathways are available:

  • Option A — Invest at least SGD 10 million (including paid-up capital) in a new business entity or expansion of an existing business operation in Singapore
  • Option B — Invest at least SGD 25 million in a GIP-select fund that invests in Singapore-based companies
  • Option C — Establish a Singapore-based single-family office with assets under management of at least SGD 200 million, with a minimum of SGD 50 million deployed in specified investment categories (listed equities, qualifying debt securities, funds by Singapore-licensed managers, or private equity in Singapore companies)
Requirements

Four investor profiles are eligible, each with specific thresholds:

  • Established business owners — Minimum 3-year entrepreneurial track record, company annual turnover of at least SGD 200 million (averaged over 3 years), at least 30% shareholding if privately held
  • Next-generation business owners — At least 30% shareholding or largest shareholder (with immediate family), company turnover of at least SGD 500 million averaged over 3 years
  • Founders of fast-growth companies — Founder and one of the largest individual shareholders of a private company valued at minimum SGD 500 million, backed by reputable VC/PE firms
  • Family office principals — Minimum 5 years of entrepreneurial, investment, or management experience, net investable assets of at least SGD 200 million

All applicants' companies must operate in EDB-approved qualifying industries, which include aerospace, clean technology, healthcare, biotech, fintech, media, and many others.

Required Documents
  • Completed GIP application form
  • Passport copy
  • Proof of business ownership (share certificates, ACRA registration)
  • Audited financial statements (3 years)
  • Proof of company turnover and personal net worth
  • Investment plan or business proposal
  • Signed Investment Undertaking and Statutory Declaration
  • Additional documents per EDB's Annex A checklist
Duration & Renewal

The GIP grants permanent residence directly. An initial 5-year Re-Entry Permit (REP) is issued, which must be renewed to maintain PR status when travelling. Renewal for either 3 or 5 years is assessed by the 5th year of PR against the conditions of the chosen investment option.

A 5-year renewal requires meeting all conditions in full — the investment must be maintained, an employment or investment condition met, and the applicant (or all PR dependants) must have resided in Singapore for more than half of the time. For Option A, this means the company must employ at least 30 people, of whom at least half are Singapore Citizens and at least 10 are incremental hires. A 3-year renewal is more lenient, requiring the investment condition plus either the employment/investment condition or the residence condition, rather than both.

From 1 December 2025, a PR who is outside Singapore without a valid REP retains PR status for 180 days, during which they may apply for REP renewal or request a Permanent Resident's Single-Entry Pass (PRSEP) to re-enter. If no application is made within 180 days, PR status is lost.

Family Members

Spouse and unmarried children under 21 (as at the date of application) may be sponsored for PR under the same GIP application. Male dependants who obtain PR are subject to mandatory National Service at age 18 (approximately 2 years of service). Parents and unmarried children over 21 are not eligible as GIP dependants, but may instead apply for a Long-Term Visit Pass (LTVP), which is tied to the validity of the main applicant's Re-Entry Permit.

Tax Implications

Singapore permanent residents who are tax residents (183+ days in a calendar year) pay progressive individual income tax from 0% to 24% on Singapore-sourced income. There is no capital gains tax and no inheritance tax (estate duty was abolished in 2008). Foreign-sourced income is generally not taxed unless received in Singapore.

Application Process

The GIP follows a two-stage process. First, the applicant submits a GIP application through the online portal with all supporting documents and pays the non-refundable SGD 20,000 application fee. EDB conducts a thorough assessment taking approximately 12 months. If the criteria are met, ICA issues an Approval-in-Principle valid for 6 months, within which the required investment must be made. Once the investment is verified, the applicant must formalise PR within 12 months of the Final Approval letter (SGD 100 application fee, SGD 20 Entry Permit, SGD 50 REP, SGD 50 Identity Card).

Approval is entirely discretionary — meeting the minimum eligibility criteria does not guarantee PR status.

Path to Citizenship

Permanent residents may apply for Singapore citizenship after a minimum of 2 years as a PR, subject to ICA's assessment.

Last verified Report an error