The Global Investor Program (GIP) has been designed for investors and entrepreneurs who are interested in starting up a business or investing in Singapore and thereby receiving Singapore Permanent Residence (PR) status. It provides links to local business networks and more opportunities for business collaborations.
Applicants for the GIP are also required to make the following investments:
Option A: Invest at least S$2.5 million in a new business entity or expansion of an existing business operation.
Option B: Invest at least S$2.5 million in a GIP fund.
Therefore, funds granted the GIP fund status would be eligible to raise capital from GIP applicants.
Application Process:
1. Interested funds will be required to undergo an independent fund rating exercise as well as a review by an independent panel as part of the comprehensive evaluation and selection process.
2. Funds which are approved will be issued a Letter of Offer with stipulated terms and conditions. Approved funds are expected to be listed on the Contact Singapore website with its summary rating report.
3. Approved funds will also be required to undergo ongoing surveillance rating to reaffirm its rating and ensure compliance for the next 2 years after its initial approval.
4. A non-refundable application fee is payable at the point of application and at the initiation of the surveillance rating.
Duration
60 months
Citizenship
24 Month(s)
Fees
5,103
P. Residency
6 Month(s)
Processing time
24 weeks
COMPLEXITY
Medium
5 Eligibility Requirements
8 Document Required
Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.
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