Singapore
Singapore Global Investor Programme (GIP)
Also known as: Singapore GIP, Singapore PR by Investment
- Min investment
- $7.5M
- Program tier
- Permanent Residency
- Program type
- Investor Visa
- Initial validity
- 5 yr
- Renewable
- Yes
- Path to PR
- Immediate
- Path to citizenship
- 2 yr
- Schengen access
- Yes
Investment options
Business Investment
$7.5MOption A — Invest SGD 10 million in a new or existing Singapore-based business with substantive operations. To qualify for PR renewal at year 5, the business must employ at least 30 employees of which at least half are Singapore citizens, and revenue threshold must be met.
Fund
$18.8MOption B — Invest SGD 25 million in a GIP-approved investment fund that focuses on Singapore companies.
Business Investment
$37.5MOption C — Family Office: establish or relocate a Single Family Office (SFO) in Singapore with at least SGD 200 million AUM, of which SGD 50 million is the GIP investment (at least 50% in EDB-approved Singapore investment categories). Applicant must have 5+ years of entrepreneurial/investment/management experience.
Physical presence
Path to citizenship
- Available: Yes
- Minimum years: 2
- Physical-presence years: 2
- Language test: No
Minimum statutory: 2 years as PR. In practice, ICA approval requires 5-10 years residence, demonstrated integration, NS service for sons. Dual citizenship NOT allowed — Singapore requires renunciation.
Tax implications
- Becomes tax resident automatically: No
- Worldwide income taxed: No
- Territorial tax system: Yes
- Day-count for tax residency: 183 days
- Wealth tax: No
Singapore is largely territorial — foreign-source income generally not taxed (with exceptions for resident company dividends). PIT progressive to 24% (above SGD 1M). No capital gains tax, no inheritance tax. Strong tax-treaty network. Tax residency at 183+ days. GST 9%.
Family inclusion
- Spouse: Yes
- Children under 18: Yes
- Dependent adult children: No
- Parents: No
Spouse and unmarried children below 21. Parents and adult dependent children may apply for Long-Term Visit Pass (LTVP) separately. Sons may face National Service obligation if granted PR.
Additional fees
- Application fee: $8K
- Legal/agent (est.): $75K
GIP application fee SGD 10,000 (non-refundable). PR application fee SGD 100. Re-entry permit and identity card fees. Legal/family-office setup fees SGD 100,000-300,000 for Option C.
Eligibility requirements
- Age 21+ at application
- Substantial business/entrepreneurial track record (minimum 3-year corporate financial statements with revenues above SGD 200M)
- Clean criminal record
- Source of wealth documentation (highly scrutinized)
- Comprehensive business plan or family-office plan
Disqualifiers
- Insufficient business track record
- Failure of source-of-wealth review
- Industries deemed undesirable (gambling, certain commodities)
Recent changes
- 2023-03
GIP thresholds raised significantly — Option A from SGD 2.5M to SGD 10M; Option B (now C) from SGD 200M AUM threshold tightened to require SGD 50M of GIP deployment with 50% in Singapore.
- 2024
Family Office route (now Option C) absorbed reformed Section 13O/13U single family office tax-exempt schemes; minimum SGD 200M AUM standard.
- 2026
GIP remains highly selective — small approval volumes (<200/year); EDB actively screens for genuine commitment.
Notes
Singapore GIP is one of the world's strictest and most expensive PR-by-investment routes — SGD 10M minimum, deep business-track-record requirements, real operations expected. Year-5 renewal failure rate is meaningful. Family-office route (Option C) is the most popular for HNWI relocation, often combined with 13O/13U tax-exempt fund management licenses. Singapore citizenship requires renouncing all other citizenships — a serious commitment. No competition for those seeking light-touch / no-presence residency; this is the 'real PR' track.
EasyPassport is a document-organization tool focused on citizenship by descent. This page is reference research, not legal or financial advice. Always verify with the official program authority.